Zcash understood this, they found a middle ground where the can tap into cex liquidity and ensure privacy. Nobody attacking zcash privacy layer can prove that it’s not private. They use a bunch of metal gymnastic, zcash not private by default is a feature and far more acceptable to non-criminals who want privacy. Liquidity routes are very important, market caps are also important for security. This is not a zero sum game.
The only real privacy coin is the only coin not mooning because crypto people that suddenly seem to be fixated on privacy are too stupid to be able to buy it cause it’s not on any centralized exchanges because it’s banned due to it actually functioning properly as a privacy coin.
We have a really weird thing in crypto when we see zk being utilised whether it’s zcash or world coin, some people start complaining. There is literally nothing to complain about, it’s zk.
6.52K
5
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.