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October 1, 2016

Cryptocurrency Zcash Vows to Offer Enhanced Payment Privacy

Zcash, a new cryptocurrency scheduled to be launched this coming October 28, vows to offer enhanced payment privacy.

“Zcash is strongest where Bitcoin is weakest; It gives users the easy ability to maintain their financial privacy. If anything can compete with Bitcoin, it will be on this front,” Roger Ver, Zcash Investor, said in a statement.

Similarities and Differences Between Zcash and Bitcoin

As explained by Zcash on its company website, this new cryptocurrency will offer “total payment confidentiality” while still maintaining a public blockchain.

A blockchain is a shared public ledger detailing the entire transactions involving a particular [...]

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