I don't know about this crypto whether it is a token or a coin and the advantages of it compare with others. Do you guys can share anything about it?
Yes! Zcash is a cryptocurrency first lunched in 2014. The Zcash Project was formally announced by ZECC CEO Zooko Wilcox-O’Hearn on January 20, 2016 as in evolution of the existing Zerocoin Project.
With the new Zerocash protocol, users can make direct payments to each other with a vastly more efficient cryptocurrency protocol that also hides the amount of payment, not just its origin.
In addition, Zcash is a cryptocurrency focused primarily on privacy. It works like the majority of the other cryptos and offers the same service, but what makes Zcash unique is the feature which allows users to make private transactions. The lack of privacy on the original system of the blockchain is one of the main reasons people don’t trust and don’t like to use cryptocurrencies, and Zcash exploited this fault to gain popularity by offering what many people were asking for: privacy.