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Stalinabad, Tajikistan.
1 Level
152 Review
24 Karma

Review on Zcash by Jesmin Akter

Revainrating 4 out of 5

Zcash is a decentralized P2P cryptocurrency.

In a well-rounded cryptocurrency, features like decentralization, a limited supply, privacy choices, and allocative efficiency are all widely valued after characteristics. Zcash has all of these qualities, as well as a highly-regarded expert team and institutional backing. Which focuses on increasing the security and privacy of its users. Additionally, selective transparency makes actions more private, resulting in anonymity without revealing any extra information, as opposed to full openness. The main point of contention.

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This currency allows for two types of low-cost transactions to take place. In order to be utilized during an audit, it is possible to reveal certain information about the transaction operators. As previously stated, it contains a transaction expiration mechanism, which means that it cancels transactions that do not complete within a certain period of time and returns the money to the sender, ensuring that there is no danger of losing what was sent.

Pros
  • Open source and decentralized software development.
  • The most important aspect is privacy.
  • Transactions at a reasonable cost.
  • Integrity and confidentiality.
Cons
  • It may have scalability issues.

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