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Review on Zcash by Philipp Friedmann
Zcash finally fulfills an early promise of Bitcoin technology - the ability to…
Zcash finally fulfills an early promise of Bitcoin technology - the ability to transact freely and privately with anyone in the world. This protects the right to privacy held by all individuals on Earth, and opens up new commercial use cases which were impossible without truly confidential transactions.
Pros
- A decentralized and open-source cryptocurrency that provides strong privacy protections Shielded transactions hide the sender, recipient, and value on the blockchain If Bitcoin is like http for money, Zcash is https—a secure transport layer
Cons
- The other point is that Zcash is being pushed by one of its investors - the Digital Currency Group, which owns a large percentage of the media outlets involved in the crypto currency space prompting some to accuse ZCash of being a product of corporate greed.
