ZCash, the cryptocurrency created by the Electric Coin Company is the second largest "privacy" coin behind Monero. It can be purchased on all the major exchanges including Coinbase and Gemini. It is a large-cap cryptocurrency that currently ranks #26 by cryptocurrency market cap with a total capitalization of $469 million.
Zcash is essentially a modified Bitcoin with "zerocash" protocol installed. It is a well-known coin that has suffered during the cryptocurrency winter and currently retails for less than $65. Zcash is being modified to meet scalability requirements with an Ethereum protocol called "sharding" that will require an entirely new blockchain and a retooling of the digital asset. This is seen as a risk, but plans are in place to make this a reality that will not destroy investor wealth at all.
Zcash is currently being upgraded. The uncertainty is priced into the market, and the coin has alot of upside potential. Zcash has an all time high of around $400 in Q4 2017. Buy it now for less than $70 and get ready for a turnaround in a year.
Sources:
Originally published on my Weku account I own at:
https://main.weku.io/community-deals/@wstanley225/why-you-should-buy-zcash-zec-while-it-s-on-sale
Also published in my Minds, Hyperspace, Publish0x, Serey, Golos, Bearshares and Whaleshares accounts I own.
Picture from Pixabay.
https://www.google.com/amp/s/cointelegraph.com/news/firm-behind-zcash-to-introduce-new-version-of-protocol-with-sharding/amp
:https//www.google.com/amp/s/finance.yahoo.com/amphtml/news/privacy-crypto-zcash-undergo-complete-064613297.html
https://coinmarketcap.com/currencies/zcash/