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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 increased by about 50% over the past month, with a total increase of approximately 1140% over the past year, and a market capitalization 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 controversies. (Source: MLion)
ZEC-3.65%
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TakeAScreenshotBefore
· 1h ago
The early Bitcoin spirit was all about anonymity; Zcash is considered a legitimate successor.
View OriginalReply0
ThePatienceRequiredFor
· 2h ago
DCG is barely alive, be cautious when following orders
View OriginalReply0
MintCondition
· 2h ago
Is the spring of privacy coins coming?
View OriginalReply0
雾中TVL
· 2h ago
The risk of abuse does exist, but technology is innocent.
View OriginalReply0
MintStop-LossPatch
· 2h ago
Privacy is a necessity; I am optimistic in the long term.
View OriginalReply0
ArbitrageIsn'tAsGoodAsGetting
· 2h ago
ZKP technology is still top-notch; it's much cleaner than mixers.
View OriginalReply0
StargazingUnderTheGlassDome
· 2h ago
Regulatory disputes are a ticking time bomb; it's better to run first.
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GateUser-9076f8b9
· 2h ago
Grayscale’s move was swift—once the ETF is approved, it becomes a qualitative change.
View OriginalReply0
NightTideShell
· 2h ago
Is there still room for a 8.9 billion market cap?
View OriginalReply0
GateUser-46c777d0
· 2h ago
ZEC this wave is indeed fierce, the privacy narrative has returned again
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