Pros
- it is of maximum security and does not allow the use of third parties
Cons
- None
Pros
- Zcash has two main functions as a cryptocurrency. The first of these being the classical one, that is, serving as a means of acquiring goods and services. As well as, for the transfer of funds between users who have ZEC in their digital wallet. However, the center of Zcash is its second function. We refer to being a currency that serves to protect the identity of the users who make transactions with it. Using advanced cryptographic technology to make it impossible to find out who is behind a money transfer.
- Despite the reputation it has for its use by organized crime. Zcash is supported by several of the leading digital wallets on the market. Among them of course Ledger,
Cons
- The biggest challenge for Zcash is, of course, the fight against cyber crime. Well, a cryptocurrency that allows you to hide beyond any possibility of hacking, the identity of those who transact on your Blockchain. It is fertile ground for use for illegal purposes. Thus, money laundering, payment for products and services outside the law, and other crimes of different kinds. They can be done outside the surveillance of the authorities through Zcash. Which has even led to the withdrawal of this cryptocurrency from exchanges and wallets of the importance of Coinbase. Concerned about the relationship between ZEC and cyber crime. This despite repeated efforts by Zcash's founders to make it clear that their cryptocurrency does not support crime. Rather, it aims to restore power to users about their own data. A vision that has not managed to be accepted by the entire crypto community, much less by the state security forces.
Pros
- Thinking of his followers
Cons
- None
Pros
- This is a cryptocurrency with good anonymity
- The proof size is small and fast to verify
- The coins transferred directly to each other in an anonymous way
Cons
- transactions are intensive calculations, confusing codes. Use new unproven type ciphers
- Counterfeiting a coin and not verifying it is a problem
Pros
- Advanced privacy functions for users.
- It has the potential to become a form of payment in the retails industry.
- Current fees are amongst the lowest in the privacy coin sector.
Cons
- It has been struggling to increase its market presence in the privacy coin sector.
Pros
- The privacy of users on the Zcash network is 100% guaranteed when the sender's and recipient's addresses are hidden, the money sent is hidden.
- Zerocash's new anonymous technology is applied to Zcash
- No need to convert to a base coin and anonymous coins can be sent directly to each other.
Cons
- zcash uses a new anonymous technology so there are no errors in the operation of the network
- Incorrect implementation or leakage of reliable setting parameters can lead to coin forgery.
Pros
- Private and lower cost transactions
- It offers two types of addresses, one armored and one transparent
- Supports transactions that require multiple signatures
- Supported in multiple exchanges and wallets
- Supports display keys, which allows the user to enable audits on their accounts
- I do not need high computational performance according to the operation using zk-SNARKs
- Supports the expiration of transactions to reduce the impact of a transaction not extracted
Cons
- Computer resources are needed, which generates energy costs, harmful to the environment
- Great competitors in the market
- Your anonymity lends itself to any type of operation without any measure of its legality.
Pros
- High privacy and security, users hold their transaction history and it can be opened to zcash users.
- It is possible to purchase and sell digital goods supported by the Zcash community with third parties
- The network is wide and decentralized instead of centralized as a currency, so it is not possible to get user information or malicious behavior into Zcash.
Cons
- There are quite a few items sold on Zcash community
Pros
- Private Transactions
- Low Supply
- Reviewed Protocols & Security
Cons
- Adoption is necessary in order for value to increase.
Pros
- Zcash keeps the identity of the person who sends and receives hidden, in the same way the amount
Cons
- does not make it open like other crypto, if in some monento this market comes to be regulated I consider it to be out of the market
Pros
- It is decentralised.
- It has a limited supply.
- It has privacy protection.
Cons
- This can cause similar problems with network scaling if it receives as much traffic as the cause of Bitcoin problems in the past.
Pros
- Low-fee transactions
- Address and transaction privacy
- Encrypted memos
- Viewing keys
Cons
- Legal Issues Surrounding The Privacy of ZCash
- ZCash Can Be Mined Through Only CPU Mining
Pros
- Zcash has robust open-source, decentralized features that give its owners the best in terms of privacy and security—these innovatory features have made transactions involving this altcoin fast, quick, and, most importantly, secure. A leading technologist, Mason Borda, once tweeted, “Zcash is the only altcoin (that i know of) designed and built by professional and academic cryptographers. Hard to ignore.”
Cons
- Zcash miners are concerned about the power invested in mining this digital currency. Which is why, this crypto aims to develop a mining process that is friendly for every involved CPU and GPU. Mining Zcash has to be memory intensive that prevents the process from getting dominated by application specific integrated circuits that are popularly known as ASICs.
Pros
- It is decentralised, It has a limited supply.
- More Secure Than Most Other Coins.
- It has privacy options to protect the identity of users.
- Can Make Private And Public Transactions.
- Its team is highly respected, and its zk-SNARKs technology has received praise from prestigious individuals such as Edward Snowden.
- It has privacy options which protect the users and acts more like a true form of cash.
- High Market Share After ICO, Improved block-time of 2.5 minutes.
- Due to its privacy features it is fungible, it cannot be traced.
Cons
- Anonymity of transactions encourages its illicit use.
- More Insight Into Proprietary Technology Needed.
- Centralization issues, Fungibility.
Pros
- Based on the bitcoin blockchain technology.
- User can decide if he wants to use the anonymous transaction functionality
- Uses one of the best cryptographical technology (ZK-SNARK).
- Great team behind this project.
Cons
- Lack of new development.
- Number of current usecases are relatively low.
Pros
- Efficient Attack- and censorship-resistant
- anonymity and privacy of transactions and user property addresses
- There are many storage wallets that support zcash like Ledger, Tredor and many other wallets that make Zcash more popular.
Cons
- zcash uses two types of wallets: a public wallet and a private wallet, but sometimes confusing
Pros
- It Has been listed on many major exchanges like Binance, Huobi
- The large trading volume, high liquidity and the potential price of anonymous coins are very attractive
- Improve anonymity in transactions
Cons
- However, its price risk is also very large
- Because it is an anonymous coin, its route is not clear
Pros
- Improving transaction privacy through anonymity using the zk-SNARK algorithm - and the "optional" aspect of this anonymity - is Zcash’s main advantage.
- Thanks to anonymity, ZECs are fungible and interchangeable, unlike Bitcoin where it is possible to trace the history of each bitcoin, and know where it went.
- Only 21 million units: since there are no more ZEC units than bitcoins, this gives an idea of its possible valuation if a greater adoption of cryptocurrencies - and Zcash in particular - should take place.
Cons
- Hostile state reactions: this is a valid point for all anonymous cryptocurrencies. With states that want to suppress cash to be able to trace any transaction, not sure that these same states are not doing everything possible to repress this “digital cash”
- the anonymous crypto sector is very competitive, there are many projects that want to be the best in private transactions.
Pros
- Huge advance when it comes to privacy reasons. It's definitely the best privacy coin project I've seen.
- You can hide your transactions, or make them public - it's your will
- Very supportive community, really devoted to the project, but not blindly following all of their ideas
- Very talented team of developers standing behind the project gives them a perfect and stable background
Cons
- The anonimity of transactions are not giving Zcash well renown
- It's not as transparent as it should be when it comes to liquidity and total amount of coins
Pros
- zcash is the one of my favioute cryptocurrency in which their is much advantages for the users like the blockchain takes a small time in transaction and also if we see then the trading is also very nice here. if users want to trade the zcash is the good one also if we see about the privacy then it takes a good place ,. however outstanding market and good cryptocurrency
Cons
- with advantages some feedbacks are also their like it gives some wallet problems and the one thing is that yes it gives a good privacy to users that is great but anyone can take disadvantage also so should look after that
