In recent years, we have seen rapid growth of a variety of digital currencies offering themselves as alternatives to protein. Most of these digital currencies focus on the privacy aspect and position themselves as an available and more secure option.
What is Zach Cash? What is the special thing about it?
Zcash, one of the alternative currencies for the Betcone, developed from the Zerocoin project. Since Bitcoin is based on decentralized plocene, it is possible to trace a person's personal address, knowledge of transactions and movement of funds. But with Zach, this information is encrypted, and users are promised a sense of the deepest security. On the margin, Monroe's currency is also one of the well-known and well-known alternatives to Bitcoin.
The backbone of the Z-SNARK protocol is ZK-SNARK. In simpler language, "zk-SNARK" can be seen as a new form of "full encryption", which ensures that transactions in Z-CASH are fully encrypted on the blockin, in addition to maintaining the confidentiality of transaction metadata. It is also a "special proof of construction" where one can prove possession of confidential information without disclosing it, and it eliminates the need for any interaction between the applicant and the notary. The Z-CASH site explained the following:
"In order to remain equal in circulation, the digital currency units must be unlinked, so that each one is as good as any other. Al-Qad also brings the possibility of trading to the currency by unlinking the protected coins with their date on the bauxite. "
What is the current scenario for the Z- CASH currency ? Why does Edward Snowden praise her?
At the moment, the Z-CASH is trading around the $ 280 price, making it 14th among the digital currencies by market value. Edward Snoden, a reporter for the security agency, recently praised the currency as the most interesting currency. Where he published his thoughts on this currency through a tweet on Twitter. "Bitcoin is a great coin, but if you do not have privacy, it's not safe." He also responded to one of the tweets by a technician called "Mason Burda", who said:
"ZAD Cash is just an alternative currency designed and built by encryption professionals and academics, and it's hard to ignore them."
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