expert reviewed cryptocurrency Zcash logo

Zcash

Zcash is a cryptocurrency that uses zero-knowledge proofs to secure anonymous transactions. Zcash has a fixed supply of 21 million coins.

Privacy coin

πŸ’© 56%

Reviews for Zcash

πŸ”‘ 10 positive | πŸ’© 8 negative

πŸ”‘

From a non-TA perspective, Zcash stands out to be the most robust PoW - secure against "consensus attack." And if you look at the 51% attack cost to market-cap ratio, it's substantially more secure than the anything else on this sphere.

2018-07-28 | Full Review

πŸ”‘

I am excited to see how zero knowledge cryptocurrencies like Zcash interact with the extant regulatory landscape. I think it’s important to remember that these techniques provide privacy that (IMO) is a *requirement* for a *business* use case..... With zero-knowledge proofs, privacy and transparency are very much compatible. You can prove properties of transaction flows in zero knowledge.

2018-07-13 | Full Review

πŸ”‘

There are some nutcases out there who are worried about Zcash's trusted setup ceremony, which involved six independent sources of randomness, of which only one had to be correct for the setup to succeed.

2018-06-10 | Full Review

πŸ”‘

The path that Zcash and other next-generation blockchains (Tezos, DFINITY, etc.) have taken is to set up incentives and off-chain governance processes to align early contributors and help guide the project from infancy to adulthood. While this trades off early on with decentralization, it allows for independence, time, and resources to be committed to more intensive research questions.

2018-06-28 | Full Review

πŸ”‘

I like Zcash because I think private unmediated digital cash is incredibly important for a cashless society. They have more expertise with zk-SNARKs than anyone in the space (not counting the SCIPR Lab). Worst thing about Zcash is they want to call hard forks "network upgrades."

2017-11-30 | Full Review

πŸ’©

I own no Zcash because there's barely any shielded wallet support at the moment :(

It seems pointless to use it for transparent transactions.

2018-06-04 | Full Review

πŸ”‘

If I was doing anything seriously privacy-demanding, I'd probably go for Zcash first.

2018-05-07 | Full Review

πŸ”‘

The Zcash company is actively pushing to make it easier for everyone - users and exchanges - to adopt shielded txs!

2018-11-15 | Full Review

πŸ”‘

Zcash is Bitcoin plus three enhancements:

Selective transparency
GPU mining to prevent centralization
Potentially more effective governance

. . . Zcash is the super-set of Bitcoin.

2016-10-28 | Full Review

πŸ’©

The reality is bleeding-edge crypto is risky; the counterfeiting vulnerability is the second inflation bug that Zcash has had.

BTC has categorically worse privacy than ZEC on L1,, but the trade-off is a safer system re: total loss. Had this been exploited, it could have easily been a loss of hundreds of millions of dollars.

On BTC, an inflation bug is very likely to get caught quickly, even if exploited, because of the transparency. There might be a few days shutdown at worse: awful but survivable even in the worst case.

2019-02-05 | Full Review

πŸ’©

I think Zcash is an interesting and valuable Bitcoin testnet. I don't expect any sustainable investment. It may replace Litecoin as BitLaundry.

2016-10-28 | Full Review

πŸ”‘

A lot of people wonder why I like Zcash despite the Founder's Reward. Here's a reason: that tax funds a quality team that catches and kills serious bugs in-house before they get exploited. Some other projects learn about bugs like this only AFTER people have lost money.

2019-02-05 | Full Review

πŸ’©

There is a bug in Zcash where you can ask a node to relay a malformed transaction. It will get rejected but nodes that own or have view keys of shielded address throw an exception and react differently, which you can see. So you can use it to find out which node owns a zaddr coin

2019-09-29 | Full Review

πŸ’©

ZCash has made so many major blunders it’s just a running joke at this stage, literally no chance of anyone feeling threatened except Zooko’s local grocery store.

2019-09-29 | Full Review

πŸ’©

Let's face it.

Zcash was an experiment may be way too early for the underlying technology.

No one uses $ZEC for privacy b/c it was too complicated to enable privacy at launch.

Privacy by default is the only way forward but not sure Zcash's current setup can enable.

2019-09-10 | Full Review

Privacy coin comparison

See how Zcash compares with other privacy coin cryptocurrencies.