Ethereum (ETH) Founder Vitalik Buterin Eulogizes Zcash (ZEN), Calls It “Cool” Project

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Ethereum (ETH) founder Vitalik Buterin has once again eulogized Zcash (ZEN), saying the project is cool. The cryptocurrency guru said this while he was charged to comment about a not too popular coin “ANON”.

Buterin despite the demand, said he comments on coins, stating afterward that Zcash is cool.

“Do you comment on coins besides ETH? I was curious. I do sometimes. @zcashco is cool.”

https://twitter.com/VitalikButerin/status/1028022694963343360

Vitalik’s statement attests to the unique features of Zcash. Series of discussion revolves around Zcash, the privacy coin is been praised by cryptocurrency enthusiasts every time. But some are of the opinion that privacy coins will help in fueling criminal offences on the internet.

Not long, Coinbase announced it’s exploring five assets, among them was Zcash. The announcement was seen as a major boost for the cryptocurrency since not many understand how reliable it is until Coinbase mentioned the coin amidst 4 other assets, which include, Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), and 0x (ZRX).

The exchange mentioned Zcash especially saying: “We may also only enable certain ways to interact with these assets through our site, such as supporting only deposits and withdrawals from transparent Zcash addresses.”

Two days back, Zcash Foundation released a weekly update where it was indicated that Zcashd 2.0 otherwise regarded as the first Sapling compatible version is going to be released tomorrow, August 13, 2018.

A video series dubbed Perspective, a series purposely recorded during the Zcon0 conference, is going to be released. Zcon0 is the first ever conference organized by the Zcash community.

Here is this week’s update:

  • Zcashd 2.0 release
  • Sapling
  • Website rebranding
  • A policy to aid set up of  Zcash meetings.

Many have been talking about privacy in the cryptocurrency sphere. In a latest post by Weiss Rating, it was indicated that

According to Weiss and Villaverde:

“Privacy DLT is a technology that can guarantee the anonymity and privacy of voters, precisely what’s essential for secure, democratic elections. Thus, the same kind of Privacy DLT that Zcash uses for shielding transactions can also be used to create a fast, efficient, anonymous, and secure voting system.”

The pace at which people are embracing privacy coin is alarming. While security experts are of the opinion that privacy coin can serve as an option for criminals online, it is a known fact that privacy is sacrosanct for the fact many a number of individuals are under government’s surveillance.

 





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