Zcash (ZEC) as a privacy coin has seen a tumultuous journey interwoven with high potential, volume and risks alike. As the speculative
Price Predictions for ZEC from now up to 2030 present an ambivalent outlook due to regulatory pressures on privacy coins, several believe ZEC is still a
good investment. The higher trade volume signalled strong market interest as ZEC's price soared to a 2-year high, briefly becoming the world's most valuable cryptocurrency. At the same time, it faced delisting on several crypto exchanges under growing scrutiny over privacy coins and regulatory crackdowns, notably in locations like Dubai and Europe. Zcash has made efforts towards
resilience and evolution in their roadmap, evidenced by the announcement of transitioning its blockchain to a
Proof of Stake model. The
Electric Coin Company further announced the complete rebuild of ZEC due to concerns over its initial setup. As regulatory pressures mount, privacy coins including ZEC have innovatively proposed transparency plans to avoid delisting. In addition, ZEC has seen integration with retail payment platforms such as
Flexa's Zashi Wallet App, bringing private, instant payments to light. Enthusiasm for ZEC as a privacy-focused coin remains high, punctuated by widespread support from figures like
Tyler Winklevoss. However, the community is divided on ZEC's comparison with fellow privacy coin, Monero. Factors such as liquidity, adoption, and regulatory issues swing the balance. Zcash also highlights underutilised feature -
shielded addresses and continues to facilitate
private transactions through zk-SNARK technology.
ZEC Coin News Analytics from Sun, 30 Oct 2016 07:00:00 GMT to Sun, 19 Jan 2025 04:30:25 GMT -
Rating 2
- Innovation 4
- Information 6
- Rumor -6
