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Bitcoin supporters refocus on privacy coin Zcash

MeNews
robot
Abstract generation in progress
ME News Report, May 16 (UTC+8), some early Bitcoin supporters and crypto investors are refocusing on privacy coin Zcash. Zcash's privacy features are considered to be closer to the original ideals of cryptocurrencies. The report states that Zcash has risen about 50% in the past month, approximately 1,140% over the past year, with a market cap of around $8.9 billion. DCG has already listed Zcash as one of its largest holdings this year, and Grayscale has applied to regulators to convert its Zcash trust into an ETF. However, Zcash's shielded address functionality can hide both the transaction parties and amounts, which could also trigger potential misuse and regulatory scrutiny debates. (Source: MLion)
BTC0.79%
ZEC2.11%
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BluePeonyMinerDream
· 05-29 16:32
Blocking addresses is a double-edged sword; technology is innocent, but the people using it have issues.
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GateUser-ced0257a
· 05-29 16:30
Switching from BTC extremists to ZEC; this change in mindset is quite interesting.
View OriginalReply0
LiquidityLibrarian
· 05-29 16:30
A 1140% increase last year, I'm feeling sour now. Is it too late to jump in now?
View OriginalReply0
Post-RainCandlestickReflection
· 05-29 16:30
The spring of privacy coins? But with regulation hanging like a sword, it's hard to say how far they can go.
View OriginalReply0

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