There's other privacy coins that I trust moving funds around in more than ZEC. The reason is because ZEC allows public transactions and this will allow blokchain analysis groups to eventually track and trace my movements. zk-SNARKs is the best privacy tech around, but ZEC ruined it, especially ever since they teamed up with coinbase. Coinbase won't even allow users to send or receive OUR money on a z address. We can't even anonymously send our money and so what's even the point of ZEC?
ZEC is going to pull an XMR. It's already listed on Coinbase, Gemini, and other leading digital exchanges. It's a fork of BTC so its supply is super limited. On top of that it supports totally anonymous transactions. It's only a matter of when and not if it's going to blast off from here. We are looking at the bottom of the market, but ZEC has a long way to go up.
Last Friday, the developers of the ZCash-oriented crypto-currencies aimed at increased privacy presented the first compatible version of the software for Nod with the future upgrade of Sapling. Sapling involves holding a hard-core without creating new coins, which is expected to take place on October 28. The new solution is based on blind signatures and evidence with zero disclosure, which will allow users to hide the sender / receiver balances and transactions. The developers intend to test the solution in a test network ZCash, and then invite the community to implement softfilks for implementation in the main protocol.
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ZCash appeared on the market in the fall of 2016. It stands out among other crypto currencies as the first coin created on the basis of a new zero-knowledge proof protocol also known as zk-SNARK protocol. The uniqueness of this protocol lies in the ability to confirm the reliability of information...