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Review on Zcash by Manuela Gottschalk
Zcash implemented a new technique in blockchain’s networks. It is the first…
Zcash implemented a new technique in blockchain’s networks. It is the first open and less permissive cryptocurrency that can protect your transactions completely using zero-knowledge cryptography. I recommend you to check all the strengths and weaknesses about Zcash cryptocurrency before taking any decision.
Pros
- – Why buying cryptocurrencies where every marketer can see how much money you invest in it? The Zcash has designed a new technique that guarantees your anonymity. They projected a proof of construction algorithm, called zk-snark which assure your transactions with highest security.
Cons
- – The total amount of Zcash that can circulate at the global range is 21 million coins; – Many of transactions need a large amount of computer memory; – Zcash’s privacy is stronger when you operate transactions between Zcash cryptocurrencies; – Zcash provides multi-signature transactions, but these aren’t more secure than Bitcoin’s technique.
