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Video: Can Zcash Tech Deliver Real Adoption?

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Zcash is breaking ground as the latest word in privacy-protecting technology, with big listings on some of the most coveted exchanges around. But can the team live up to their promises? Today’s Video Briefing takes a closer look at Zcash, and the zk-SNARK technology that enhances the anonymity of the coin’s users.

That looks very enticing on white paper, but as Kiana explains, tech isn’t everything. Zcash has to jump over a lot of hurdles to catch up with the big name coins, not least of which is becoming simple enough to use easily – not to mention persuading regulators that the privacy-protecting algorithm is not a threat. You can read the full critique in Crypto Briefing’s Digital Asset Report, available here.

Next, Kiana turns to the charts to evaluate ZEC’s short-term prospects. Overall, Zcash is stranded in the same doldrums as the other leading cryptos, with prices continuing to trade sideways: not great news for long term hodlers, but it could open up some enticing opportunities later on.

 

Is Zcash a sleeping giant, or just sleeping? Share your thoughts in the comments, and don’t forget to SUBSCRIBE!

 

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DISCLOSURE

Authors at Crypto Briefing are invested in cryptocurrencies. The author of this post may be invested in digital assets mentioned here.

Kiana Danial
Kiana Danialhttps://www.investdiva.com/
Kiana is an experienced crypto and forex trader who is currently writing 'Cryptocurrency Investing For Dummies'. She is also the CEO of Invest Diva, and "Invest Diva's Guide to Making Money in Forex" was picked by McGraw-Hill and became an immediate international success.

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