Bitcoin is dead. Or, not. We don’t know what the future holds, but what we do know is the pioneer in the cryptocurrency movement is in some trouble. In periods of trouble, companies either fix their flaws, either real or perceived, and bounce back, or they’re quickly replaced by a better alternative. Zcash is one such alternative. Much like Bitcoin, Zcash uses the blockchain, a public ledger of all transactions using the currency. Where it differs is in the “public” part. Zcash is completely anonymous and relies on “zero-knowledge proof” to offer the same anti-forgery assurances, while masking the sender or receiver if they…

This story continues at The Next Web
Source: The Next Web


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