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Topic: Why zcash? - page 2. (Read 171 times)

newbie
Activity: 238
Merit: 0
May 19, 2018, 06:32:47 PM
#3
I think crypto industry is still developing. So, in my point of view, I believe no Zcash has not degraded rather some other one has developed more than the one which is not now in the list.
member
Activity: 106
Merit: 13
https://anycoindirect.eu
May 18, 2018, 10:49:13 AM
#2
Hello ankurguta87,

The aspect that differentiates Zcash from the other cryptocurrencies that specialize in anonymity, has to be their use of zk-SNARKS. This acronym stands for "Zero-Knowledge Succinct Non-Interactive Argument of Knowledge" and this is a method that can be used for one party to prove to another that a statement is true, without revealing any information aside from the validity of the statement itself. On the following section on their site here they go in-depth as to how this method works and how these zk-SNARKS are constructed within Zcash.

If you want to make a more in-depth analysis of Zcash and their anonymity protocol you can take a look at the following paper here. Have fun reading up on Zcash!

With kind regards,
The Anycoin Direct team
full member
Activity: 364
Merit: 117
May 18, 2018, 07:27:10 AM
#1
When I entered in crypto last year, zcash was the 2nd largest currency in terms of USD valuation.
Why there is no such growth in zcash.

How zcash is unique then other currencies in the market?
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