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Review on Zcash by Ajirioghene Obibi
Zcash (ZEC) is one of the most promising and advanced privacy-focusedโฆ
Zcash (ZEC) is one of the most promising and advanced privacy-focused cryptocurrency out there.
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Pros
- It anonymizes the identity of people and the amount of the transaction. The miners only receive a hash produced from a zero-knowledge proof that is only verified if the person sending the transaction has enough and is not double spending.
Cons
- I do not like the fact that the security of zcash depends on the integrity of the developers who burned their machines. And beyond that, as I said, I am generally unsettled by my ignorance regarding exactly what happened and why.
