1 Level
12 Review
6 Karma
Review on Zcash by Anika Chowdhury
Once you have Zcash, you’ll need a wallet to store it. A number of websites…
Once you have Zcash, you’ll need a wallet to store it. A number of websites offer online wallets including: jaxx.com, cryptonator.com, bitpie.com, coinnomi.com, freewallet.org, and waterhole.io. Online wallets provide convenience but many people recommend you use a desktop or hardware wallet. In addition, the following hardware wallets provide support for Zcash: the Ledger Nano S and Trezor.
Pros
- ZEC has always been a niche coin, and somehow missed a more dramatic appreciation. Zcash is able to offer users the chance to hide the sender, the recipient and the value of transactions on the blockchain but at the same time allow fully encrypted transactions to be confirmed as valid.
Cons
- Might face huge crackdown with the ongoing Crypto crackdown. You can trace a sender, receiver, and the amount sent in a transparent transaction. A shielded transaction has all of the details of the transaction hidden from Sprout only the fact that a transaction took place is recorded.
