1 Level
11 Review
16 Karma
Review on Zcash by Eze Gold
Zcash is a peer to peer (P2P) cryptocurrency like Bitcoin. But unlike Bitcoin…
Zcash is a peer to peer (P2P) cryptocurrency like Bitcoin. But unlike Bitcoin, its sole priority is to focus on private, anonymous, and fungible transactions that Bitcoin can’t-do.
Zcash was forked out of Bitcoin and launched in October 2016, and it was previously known as Zerocoin. It is based on a special cryptographic protocol that shields a sender’s information, a receiver’s information, and the amount transacted between the two parties.
Pros
- The ability to cloak how you send money and your identity is of great importance and this is certainly a sale point for Zcash and their community
Cons
- Criminals and bad actors might see this as a getaway for their activities, and this doesn't work well for the mass supporters if crypto
