Zec
log BTCUSD, linear BTCUSD and linear ZECUSD comparedPrivacy coins occupy a function within the cryptocurrency industry that many of the early adopters of cryptocurrencies consider essential.
Bitcoin itself is often incorrectly referred to as an anonymous way of transferring value. Security experts call it pseudonymous privacy, like writing books under a codename. You can preserve your privacy as long as your wallet address is not linked to you.
In this graph we compare log BTCUSD, linear BTCUSD and linear ZECUSD from 2013-2019
Data points are all explained on graph.
1- Privacy solved with leading technology
Originally based on Bitcoin Core's battle-tested codebase, ZCash was able to capitalize on the privacy issues of Bitcoin and forked its codebase so that there are now two types of transactions on its blockchain: shielded (using zk-SNARKS) and unshielded (just like on the original Bitcoin blockchain), making privacy an option for its users. zkSNARKs are the most exciting/interesting way (as Vitalik or Snowden would say) to make blockchains private.
2- Efficient, usable, widely supported
Zcash is a fast, reliable and inexpensive way to send money or digitally purchase goods and services. It is also supported by all the top exchanges and wallets.
For a detailed list see Figure 1 here:
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3- Multisignature transactions
Zcash supports transactions that require multiple signatures. This means that a transaction may require two or more parties to agree to the transaction before funds are sent.
4- A world-class team
ZCash is led by Zooko Wilcox-O'Hearn, a world class computer security specialist. The team has by far the most expertise in zero-knowledge cryptography, it's natural that they are looked to and respected.
5- The Controversial Founders’ Reward
10% of the eventual monetary base goes to the founders so that there is continued incentive and continued resources for the founders to improve the value of the coin. I am backing Edward Snowden in the logic that a reward is important to attract the best minds to work on the Zcash project. Consistent payment of the developers allows them to discover issues and patch them before they can be exploited by opportunistic parties. Whilst this is open to debate, a steady budget should help push things forward with development and education.
6- Exposure: Zcash for Institutional Investors and Family Offices
There are a variety of potential market participants, among them hedge funds, venture capital firms, high-net-worth individuals, and pension funds that now have financial options available:
Custodians: hold your Zcash for you to help minimize the risk of lost keys or theft
Investment vehicles: allow investors to gain exposure to Zcash without having to hold it themselves.
Trading firms: offer access to counterparties for the purpose of large over-the-counter (OTC) trades.
For a detailed list of some of the big names involved see Figure 2 here:
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7- Progressing towards becoming audit and regulation friendly
In the world of cryptocurrencies and digital assets, which by default are intangible, trust, risk management and reasonable assurance are key. In the crypto market there is a huge problem with market integrity and with consumer protection. Music to the ears of regulators is that payment disclosure and special "viewing keys" can be used to share transaction details with trusted third parties for compliance or audits or to comply with regulatory requirements.
8- Audited meticulously
Zcash is going to great lengths to make sure their code is world-class by ensuring world class cyber security audits by third parties. This separates Zcash from 99% of all other cryptos out there.
For more information on cyber security audits please see the respective reports at Kudelski Security, NCC Group, QEDi and Coinspect
Additional positive quantitative data:
Figure 3: Stacked Daily ZCash Exchange Volume_ZCash Market Capitalization:
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Figure 4: Realized Market Capitalization vs Market Capitalization_ ZCash Undervalued
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Exploiting pricing discrepancy to win ZEC XMR DASH ETC ETH NEOIts all explained on the graph but in summary, we selected our favorite larger cap digital assets that are already working products. In this case we used:
Currencies
-BTC, DASH, ZEC, XMR
Platforms:
-ETC, ETH, NEO
The objective is to make gains in FIAT and and accumulate digital assets by making use of arbitrage under market volatility whether it be a bear or a bull market. The graph is a little complicated but its worth the read.
The reason i don't graph back further or use smaller cap assets is purely because of graph scaling. My favorite smaller caps (ETP, GAS, PIVX, BURST, ZEN) present opportunities that make the gains on this graph look insignificant.
*The major disclaimer is that you need to be able to understand when the market as a whole is bearish or bullish. Finding the bottom can be challenging but it comes down to buying the dip, often over and over again.
Good luck