What is Zcash? 🔝

in #cryptocurrency7 years ago (edited)

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Internet Currency

Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography.

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@source z.cash

Zcash finally fulfills an early promise of Bitcoin technology - the ability to transact freely and privately with anyone in the world. This protects the right to privacy held by all individuals on Earth, and opens up new commercial use cases which were impossible without truly confidential transactions.

Pls upvote, resteem and follow @tryto

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I am really interested in this coin. Those people who use it should post a few things about what they use it for!

Very good coin

Am holding for my grandchildren.

Buy steem for your children 👶

great post quite impressive....i like it..

I have some Zcash. I do like those alt-coins with privacy capabilities. I am doing a little cloud-mining to add a little at a time to my holdings.

Amazing! I am doing cloud-mining as well.

I am using Genesis-Mining for Zcash, Dash, LTC, and a little BTC

That's a good platform to mine these Coins..
Do you use poloniex, bittren or something like that?

Mining through Genesis-Mining sends gains directly to wallet of your choice. I use my Trezor for Zcash, Dash and BTC and then Exodus for LTC. I don't leave much on any exchange, although I do some lending on Poloniex. I have reduced that amount until they work out some of their issues.

This is my preferred coin right now. It is strange that not so many people do posts about it, isnt'it?
Have a look on CloakCoin as well, it is very similar and currently cheaper and going up!
Cheers!

Nobody talks about zcash!
Thank you for that!

Good summation. I've been following this along with ZenCash, which claims to be targeted to the individual user, whereas ZCash is targeted for institutional use. Don't know why the big difference, other than "ease of use" perhaps for the pedestrian "user". Cloak looks interesting too. Of course, these platforms will attract much more scrutiny from governments for the very reason of their claims.

I am still thinking about that.

Great Summary of Zcash and its potential to be a good altcoin. Thank you for that

You are welcome

Solid post. I was about to start a similair discussion. The crypto space brings the biggest group of uneducated investors with it. This group will only grow. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). Do you know this interesting site? https://www.coincheckup.com The site is my go to place for crypto investment analaysis and indepth coin research.

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