Review on Zcoin by LUIS RIVERO R
Privacy and decentralization.
This is a cryptocurrency that, like others, seeks to maximize the benefits of decentralization and anonymity in transactions, this being the backbone of this project.
Its main purpose is to maintain anonymity by avoiding links that make those who send or receive Zcoin visible, in addition to having Tor to hide the user's true IP at the time of transmitting each block.
With a limited amount of Zcoin it can become one of the projects with good growth in terms of its monetary value this due to the growing interest of private currencies, since there are currently many restrictions of some countries for the use of Bitcoin, this can be an effective way out of these monetary and physical problems that prevent thousands of people from accessing the global monetary system.
Pros
- Transaction privacy
- It is possible to store it in multiple versions of mobile wallets, which makes P2P payments totally private.
- He has a diverse development team, with a community that supports him in growth.
- It is listed in good exchanges with an increasing volume of transactions.
- Use the well-known TOR, to hide the IP.
Cons
- There is currently a lot of competition in terms of privacy currencies
- Some entities do not trust these cryptocurrencies because they can be misused.
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Comments (2)
January 18, 2020
its use capacity for me is the best among the different privacy currencies, in terms of operation the lelantus protocol makes anonymous payments effectively
