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Author Topic: The advantages of zcash  (Read 338 times)

Pheonyx

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The advantages of zcash
« on: April 30, 2018, 02:31:38 am »
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?

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The advantages of zcash
« on: April 30, 2018, 02:31:38 am »


Eben

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Re: The advantages of zcash
« Reply #1 on: May 16, 2018, 07:19:35 pm »
Zcash (ZEC) is another Crypto currency like bitcoin but with a few different features. Like Bitcoin it is based on a decentralised blockchain but allows for anonymity behind transaction amounts and parties involved. In Bitcoin if you know someone's address you can follow their transactions and you can see which all the addresses and their transaction amounts - so its quite clear how much money is moving around, with ZCash all the information is encrypted
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Re: The advantages of zcash
« Reply #1 on: May 16, 2018, 07:19:35 pm »

Bobcrypto

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Re: The advantages of zcash
« Reply #2 on: May 20, 2018, 04:11:52 pm »
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?

Zcash is a privacy driven cryptocurrency launched October 28, 2016. It uses Equihash algorithm, which is a lopsided memory hard POW (Proof of work) based cryptocurrency. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of transaction remain private.
It provides strong privacy protections. It also offers protected transactions to the sender and the recipient, and value on the Blockchain network.

 

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