Pros
- Users have monopoly when it comes to transactions
Cons
- Transaction times takes alot of time compared to other coins. I've personally tried sending some Zec recently and the receipient timeframe was very awful.
Pros
- Wonderful team and great marketing strategy ongoing on this project will make it a success in the future
Cons
- Monero will simply push them off their patch with some recent updates. I also believe the govt crackdowns might affect Zec more
Pros
- Best project
Cons
- Good project
Pros
- ZCash is a cryptocurrency with a decentralized blockchain that offers anonymity to their users and transactions. As a digital coin, ZCash responds to Bitcoin in many ways, including the open source feature, but their major differences are in terms of confidentiality and functionality, each offering. The ZCash currency code is ZEC
Cons
- One of the limitations of zcash is the ability to view user transactions with a view key. That option shouldn't have been created as we know government might force the zcash developers or the wallet owner to reveal it's view key which will now defeat the main purpose of the project.
Pros
- The ZCash blockchain can process transactions much quicker than Bitcoin and it is also more scalable. Scalability is important as it means that a blockchain can process lots of transactions at once
Cons
- Anonymity of the coin sometimes may encourage bad people to use this in a illegal manner. Also zcash is very fungible.
Pros
- Its founding team includes cryptographer Matthew D. Green from Johns Hopkins University. Roger Ver was one of Zcash Company's initial investors.
Cons
- Report a US company is behind Zcash and the company has imposed at the code level a 20% tax on all coins mined to pay for developpers and provide returns for investors
Pros
- It anonymizes the identity of people and the amount of the transaction.
Cons
- Efficient Zero-knowledge proofs require an initial set-up that generates a private key for the system, which Zcash claims to have destroyed. However, if it exists then it can falsify transactions.
Pros
- Its founding team includes cryptographer Matthew D. Green from Johns Hopkins University. Roger Ver was one of Zcash Company's initial investors.
Cons
- Efficient Zero-knowledge proofs require an initial set-up that generates a private key for the system, which Zcash claims to have destroyed. However, if it exists then it can falsify transactions.
Pros
- ZEC has always been a niche coin, and somehow missed a more dramatic appreciation. Zcash is able to offer users the chance to hide the sender, the recipient and the value of transactions on the blockchain but at the same time allow fully encrypted transactions to be confirmed as valid.
Cons
- Might face huge crackdown with the ongoing Crypto crackdown. You can trace a sender, receiver, and the amount sent in a transparent transaction. A shielded transaction has all of the details of the transaction hidden from Sprout only the fact that a transaction took place is recorded.
Pros
- Zcash is a cryptocurrency based on decentralized blockchain that brings to light an advanced technique. Nobody will know how much cryptocurrency you buy, sell or exchange on the marketplace. Sounds great, don’t you think? The platform was launched in October 2016 by the CEO Zooko Wilcox-O’Heam – a computer security specialist. The platform’s mission is to “create an open, global economic platform from which no-one can be excluded”.
Cons
- Zcash or ZEC works with an advanced algorithm. This one is making your trades being anonymous to everyone. The realization of this innovation was possible due to the special proof of construction called zk-snark. This was designed with the main purpose of improving the Bitcoin’s privacy. The zk-snark cryptographic technology is checking the validity of information without publishing any confidential details. Because of marketplace’s totally unsecured system, the private key of each user isn’t actually too private. The user’s addresses can be viewed by other partners or marketers. Fortunately, Zcash encrypted all the transactions details. It is an innovative cryptography that changed the way a blockchain is seen. Everyone can buy, sell and exchange Zcash cryptocurrency on the global platforms as: Bitfinex, Bithumb, Bittrex, Poloniex, Binance. The Disadvantages of Zcash currency: 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.
Pros
- ryptocurrency can be described as a form of digital currency that is created as well as managed via the use of certain advanced encryption methods known as cryptography. It made the significant leap that transformed it from an academic concept to reality. This development was marked by the invention of Bitcoin in the year 2009. Cryptocurrency can be utilized as an actual currency and as an effective medium of exchanging things.
Cons
- Cryptocurrency is usually created electronically and stored in the same manner. This means that it can only be stored on websites and computers.
Pros
- ZEC has always been a niche coin, and somehow missed a more dramatic appreciation. The digital asset has received both accolades and criticisms, the latter coming from the Monero community. Due to its low supply, ZEC has always commanded a relatively high price, but now the asset continues to slide below $300. In the past week, ZEC sank more than 16% to $259.43.
Cons
- Zcash is built upon and extends the Bitcoin protocol and that’s why it uses Proof-of-work (PoW) as a consensus mechanism. However, its core difference with BTC is the technology that Zcash is using to hide users’ identities and balances. This is the zero-knowledge proof construction called zk-SNARK. A zero-knowledge proof is a cryptographic method by which one party can prove to another that she knows a value X without revealing any information apart from the fact that she knows the value X. I know it sounds tricky, but I will try to illustrate it simpler.
Pros
- i love this coin because strong privacy and security protection, mineable and amazing new technology
Cons
- low circulation supply but still fine with so many exchanger
Pros
- nice
Cons
- good
Pros
- Ability to identify sender and receiver
Cons
- The team is not as advanced as other top currencies
Pros
- While bitcoin still has something of a reputation among the general population as an anonymous cryptocurrency, it’s anything but. By building on top of bitcoin’s core code and introducing zero-knowledge proofs, Zcash is able to offer users the chance to hide the sender, the recipient and the value of transactions on the blockchain but at the same time allow fully encrypted transactions to be confirmed as valid.
Cons
- Unsurprisingly, coins that allow privacy and anonymity also gain popularity with the criminal underworld.Such links to criminal activities can hamper the public perception of a coin and limit its widespread use.
Pros
- Pro security token, better than most out there
Cons
- Might face huge crackdown with the ongoing Crypto crackdown
Pros
- Zcash is currently preparing for upcoming forks, which will be first such big updates on the network since its creation. The CEO of Zerocoin Electric Coin Company, which develops the network said that "The purpose of this is to get practice doing network upgrades." Such forks are inevitable with any project, and by looking at Bitcoin cases, they might be quite problematic, not necessarily from the technical point of view, but rather when it comes to the community and decision making.
Cons
- Zcash supports two types of transactions – shielded and transparent. Transparent transactions work exactly like bitcoin transactions – they’re visible on Zcash’s blockchain, called Sprout. You can trace a sender, receiver, and the amount sent in a transparent transaction. A shielded transaction has all of the details of the transaction hidden from Sprout – only the fact that a transaction took place is recorded. Shielded transactions and transparent transactions can work with each other, so a transaction can start transparent and become shielded and a shielded transaction can become transparent.
Pros
- ZEC has always been a niche coin, and somehow missed a more dramatic appreciation. The digital asset has received both accolades and criticisms, the latter coming from the Monero community. Due to its low supply, ZEC has always commanded a relatively high price, but now the asset continues to slide below $300. In the past week, ZEC sank more than 16% to $259.43.
Cons
- Zcash is built upon and extends the Bitcoin protocol and that’s why it uses Proof-of-work (PoW) as a consensus mechanism. However, its core difference with BTC is the technology that Zcash is using to hide users’ identities and balances. This is the zero-knowledge proof construction called zk-SNARK. A zero-knowledge proof is a cryptographic method by which one party can prove to another that she knows a value X without revealing any information apart from the fact that she knows the value X. I know it sounds tricky, but I will try to illustrate it simpler.
Pros
- Zcash is currently preparing for upcoming forks, which will be first such big updates on the network since its creation. The CEO of Zerocoin Electric Coin Company, which develops the network said that "The purpose of this is to get practice doing network upgrades." Such forks are inevitable with any project, and by looking at Bitcoin cases, they might be quite problematic, not necessarily from the technical point of view, but rather when it comes to the community and decision making.
Cons
- Zcash supports two types of transactions – shielded and transparent. Transparent transactions work exactly like bitcoin transactions – they’re visible on Zcash’s blockchain, called Sprout. You can trace a sender, receiver, and the amount sent in a transparent transaction. A shielded transaction has all of the details of the transaction hidden from Sprout – only the fact that a transaction took place is recorded. Shielded transactions and transparent transactions can work with each other, so a transaction can start transparent and become shielded and a shielded transaction can become transparent.
