ZCash (ZEC)

 50% - 4 reviews
Launched in 2016 by Zooko Wilcox-O’Hearn and based on the Zerocoin protocol, Zcash (ZEC) is a decentralized and open-source privacy-focused cryptocurrency that enables selective transparency of transactions   
Category: Coin/Token
$ 129.12
$ 1.4 B
$ 1.5 B

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avatar bsys 20 rated:

bsys posted on August 27, 2020 07:07:46

The tech is good. But I advice anybody against buying, holding or mining this coin. The admittedly good developers are financed through selling the coin and a huge founders/dev tax on every block that's mined. You can see this in the ridiculously poor price performance. Not a good investment.

avatar alex-alexander 13 rated:

alex-alexander posted on January 25, 2020 03:35:59

The team behind this coin made some serious mistakes a few years ago. As a result, many coins were secretly mined, there was no opposition to ASIC miners, and the team took part of the extracted coins for its existence. With these actions, they let the coin fall to the bottom. Buying this coin is very risky.

avatar Not the real Fiat Daily 133 rated:

Not the real Fiat Daily posted on October 02, 2019 19:15:47

No doubt this is one of the most respected privacy coins, with the best experimentation/development going on around privacy and cryptography, which is badly needed in order to ever make cryptocurrencies, especially bitcoin, fungible. I can't criticize the technical side of things because that is way over the heads of us normal human beings haha. I am however very critical of their taxation on inflation

avatar mistergrin 97 rated:

mistergrin posted on October 02, 2019 15:38:51

Zcash and Monero are the 2 best privacy/anonymity coins in my opinion and every other project in this niche pales in comparison. I know a lot of people criticize Zcash because of their more corporate and public approach to development, governance, etc., but I don't think that's a huge deal imho.

Zcash is able to attract the worlds' TOP cryptographers to work on their protocol

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