Zcash (ZEC) is very few cryptocurrencies which provides private transactions. The only bit of problem is that most of the investors, as well as cryptocurrency users, back Monero (XMR). Zcash (ZEC) has always been a distant cousin when it comes to privacy coins. However, there have been a few recent developments in Zcash (ZEC). The question is whether these recent developments warrant another look towards Zcash (ZEC).
Is it time to take a second look at Zcash (ZEC)?
Moreover, since the users do not have to opt for private transactions compulsorily, the network is not clogged either. As a result, the transactions are done at a faster pace. The clogging of the system is proving to be the Achilles heel for Monero (XMR). Monero (XMR) compulsorily provides anonymous transactions. Moreover, since Zcash (ZEC) offer transparent transactions as well, it is more shielded from the regulatory restrictions as well. Owing to this very reason, in the future whenever the regulations around the anonymous cryptocurrencies tighten, Zcash (ZEC) will have an advantage. It can sidestep these regulations quite quickly as it offers public transactions as well.
Thus, when it comes to the privacy coins, instead of ignoring Zcash (ZEC), it is time that you start paying attention to it. Since it is more secure as compared to some of the other cryptocurrencies and provides transparent as well as anonymous transactions; it has an advantage.