Review on Zcash by Oloruntobi Ajilore
Zcash is the privacy protecting cryptocurrency
Zcash is a privacy protecting oriented cryptocurrency, which allows users to send and receive cash without giving the detail of the sender and the receiver .
Its unique features is its anonymous nature and ability of the investors not to control every information on the system .
Though it's such that operate on decentralised blockchain yet it allows transactions and data to be validated without revealing the amount and who is involved.
Pros
- Zcash is secured fast and auditable
- No central authority or federal that can negatively affect zcash funds
- It protects privacy of the participants that involve in the transaction.
Cons
- It could be used for money Laundering
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Comments (2)
June 13, 2020
Zcash supports multiple exchange platform for trading.
It is a blockchain based projects, which has users trust and good rating.
The transactions fee are low, and it has higher reward for mining.
June 05, 2020
It is a cryptocurrency with decentralized blockchain that offer users anonymity where by users do not need to give any means of identification. It has zero knowledge proof to validate transaction without revealing information that could endanger it's users.
