Review on Zcash by Rujano Nancy
Zcash
This platform is hand in hand with bitcoin but with the difference that its own Blockchain and currency has and it is considering placing its transmissions in total privacy and anonymity. This platform was launched on January 29, 2016, when making transactions, its users can choose which of the two options will be used, whether private (Z) or transparent (T), both are totally secure and easy to use, thus having a chain of block successful since it places the value of each transaction made by the extraordinary zK-SNARK technology. In 2017 this platform had the price of its currency at 200 ZEC / USD and currently its support is 250 ZEC / USD. This platform has evolved in both its financial and name part, since its old logo was ZEROCOIN, later it became ZEROCASH and finally ZCASH being the current name. Zcash grants a transaction to its users very low which is 0.0001 ZEC thus giving a block post every 2.5 minutes.
Pros
- absolute security of your wallet
- low transaction cost
Cons
- it is not accepted for other platforms
