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Review on Zcash by Brigitte Vogt
do you think it has the right specifications to become a global payments systemβ¦
do you think it has the right specifications to become a global payments system? To be honest, I think it performs much better than Bitcoin, but the developers need to improve on its scalability.
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Pros
- ZCash has done really well to form a partnership with major financial institution JP Morgan, who are looking to install the Zero-Knowledge Proof protocol into their own blockchain project. Having a large organization such as JP Morgan show interest in ZCash gives the coin huge credibility.
Cons
- However, a potential issue that might hurt ZCash in the long-term is that it could be used for criminal activity. This is because it allows people to send and receive funds anonymously, which is perfect for criminals.
