1 Level
11 Review
4 Karma
Review on Zcash by Redefined Vault
With the development of new technologies, there has been an increased demand…
With the development of new technologies, there has been an increased demand for cryptocurrencies. However, there are several interesting things that distinguish Zcash from other similar currencies, such as partnership with JPMorgan 1, through the open-source project Quorum. Zcash privacy technology could soon be applied to different crypto and blockchain networks, including Ethereum-based tokens. CoinMarketCap estimates that Zcash's global market cap is more than $960 million
Pros
- Security, which bih companies are really after. Zcash helps solves this and provides a suitable use case
Cons
- Monero has more capabilities than Zcash and this may be their doom if they do not create updates to counter them
