Review on Zcash by Gabriel Rosas

Hello, today I will write about my experience trading with the cryptocurrency "ZCASH", come on!

ZCASH is a cryptocurrency, which is characterized by privileging privacy and anonymity in commercial operations, but in what way?

Let's see in usual terms, when you make a transfer on the blockchain, you can visualize the operation performed on it, as well as the data of the sender, receiver and amounts of the transfer.

With Zcash, thanks to the zero-knowledge protocol (Zkp), it is possible to verify a transaction while maintaining the confidentiality of the other data already mentioned, i.e. the other users of the blockchain only know that the transfer was made.

Another attractive feature of Zcash (ZEC), is that it has 2 types of wallets to work with, the private ones that begin with the denomination "z", and the "public" ones that begin with the letter "t", in the latter the user can disclose the details of the transaction.

Market update: In the last month, ZEC has shown a high level of volatility in its market price, reaching a high of USD 208.53 on 03/27/2022, but with a clear downward trend.



Similarly, if you look at the fluctuations of its value, since the launch of the coin, you can see from the historical peak in its value of USD 880.76, during 06/01/2018, until today has been a cryptocurrency with a relatively stable price, with a pronounced rise from the year 2021.

It is also important to note that in general terms it has a low cost to operate, therefore considering everything described, ZCASH I think it is an attractive option to operate, both for staking, as well as for short-term operations.

Personal Experience: I got to know this cryptocurrency through a faucet, "PipeFLaure", then I investigated it to study the project and I found interesting the proposal to privilege anonymity in commercial operations.

But beware! in my opinion it should also be considered that this feature facilitates the "laundering" of money of dubious origin, so it should be considered to generate mechanisms to prevent or hinder such operations.

I hope you like my comments.

See you next time!