Zcash (ZEC)

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Zcash allows you to make hidden or open payments, so you can send Zcash public or private, this allows you to hide some payments.

Our Joke Name

ZCash = open or closed

Basic Intro

Link to the main website

Link to price/market cap

Exchange Ticker (ZEC)

Coin or Token

Circulating Supply (3,158,894)

Block time (Under 3min)

Market Cap Ranking

Review

Zcash allows you to have a shielded transaction or Open transaction. Zcash works much the same as bitcoin with the one extra feature of being able to not track payments made if necessary.

If you have a Shielded address, no one will be be able to know what you receive or send.

If you have a Open address, there will be information on any payment in or out.

This means that for some payments you don’t want tracked you can shied them and for other payments you can leave them open.

This is good for protecting your privacy online and this also allows you to prove payments that need it.

Zcash still has the problem of regulation due to dodgy payments for illegal items or services. But I dont think it will be the 1st target with Monroe being the main currency for dark net payments

Company Message

(z.cash) What is Zcash? A decentralized and open-source cryptocurrency that provides strong privacy protections. Shielded transactions hide the sender, recipient, and value on the blockchain. If Bitcoin is like http for money, Zcash is https—a secure transport layer

Pros

  • Hidden transaction
  • Top 50 coin
  • Open source

Cons

  • Future Regulations
  • No Backing