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Porto Alegre
1 Level
202 Review
448.5 Karma

Review on Zcash by Maximiliano Aquino

Revainrating 5 out of 5

Zcash

Zcash is a privacy-oriented cryptocurrency, its project has had many privacy improvements when compared to other cryptocurrencies like Bitcoin. The Zerocoin protocol was improved by being transformed into the Zerocash system, and finally became a cryptocurrency in 2016. Its number of currencies is also limited at 21 million as is BTC, however it has not yet reached high levels in terms of market value like BTC . In the first four years, 20% of the coins created were allocated to a "founders' reward" divided between investors, developers, and a non-profit foundation. It currently ranks 26th in the market for cryptocurrencies, being listed on several exchanges and with a high volume of trades.




Pros
  • increased privacy option
  • Supply limited to 21 million coins, which could be a positive point in favor of an appreciation
  • High market value and good acceptance, even if it is well below other major currencies like ETH and BTC, still has a value considered.
Cons
  • sem pontos negativos

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