Monero vs Zcash

Although the value of zcash is not stable, I trust Zcash and find it much more interesting than other cryptocurrencies. In my opinion, people will only value privacy when the IRS shows that it knows everything about your cryptocurrency purchases, showing that it has learned to track people and that deep down there is no privacy in Bitcoin and several other cryptocurrencies.

I think there needs to be companies, an entire ecosystem that provides the use of Zcash, enabling purchases with privacy. the government doesnā€™t need to know if Iā€™m going to buy a loaf of bread with my money, the only obligation is for me to pay my taxes, earn my profits, the rest, the government doesnā€™t need to know what I spend my cryptocurrencies on. I believe that these central bank cryptocurrencies (CBDCs) will be instrumental in the population starting to desire more privacy, we will realize that the future is privacy cryptocurrencies. imagine a CBDC is hacked, exposing our financial habits to the world, the medicines we buy, the food, our entire daily lives, even our investments, it will be chaos and at the same time beneficial for those who need to understand that privacy is more important.

I read all on Reddit for Zcash all what is relevant
and from big mass of people about month or twoā€¦ specially difference between this 2 coinsā€¦
All I came in conclusion is underachivment from this 2 main organisationsā€¦ on all Zcash cons coming poor menagementā€¦ both tech are good only their people brought better desicions. On all XMR is 90% positive vibeā€¦ Zcash is in 90% negative comments. Maybe this is not important and Iā€™m nobody to write thisā€¦just general on this forumā€¦

2 Likes

ZCash has potential to be more private than Monero. Anonymity set of Monero is very low, but itā€™s networking leaks is better. ZCash anonymity set is high, but itā€™s network leaks are bad.

The primary reason for increased valuation of Monero is darknet market adoption. This creates a constant demand and use-case for Monero that does not exist for ZCash.

Given Moneroā€™s easier traceability I can see a scenario where darknet markets transition more to Zcash. However, it likely would not happen until there are some more busts due to monero tracing.

ZCash seems to be close to a bottom currently, so in terms of price / adoption, I think it can only go up from here.

2 Likes