Review on Zcash by alexander hanje
ZCash
Zcash, represented by the ZEC symbol, like bitcoin, is based on blockchain technology and is a decentralized currency. This means that transactions between two people are carried out with the utmost security and funds are transferred without the need for a third party.
The total amount of Zcash, like Bitcoin, will be 21 million coins, which will be issued over a period of 131 years; The year is reduced by half.
In the first four years, 20 percent of the coins created during this four-year period will be donated to the "Founders' Reward" distributed among investors, developers and a non-profit charity.
Zcash digital currency (just like https) claims to have more security in transactions and better protect the user's privacy. In fact, even though all transactions are stored on the blockchain, data such as sender's, recipient's information, as well as the amount of money transferred, are kept confidential.
Pros
- Zcash also has a selective disclosure option for its private traders that allows the user to use it for audit purposes.
Cons
- I didn't find anything special
