Things to Consider When Investing in ZCash (ZEC)

Things to consider when investing in ZCash (the 26th cryptocurrency):

• ZCash uses zk-SNARKs protocol which enables users to hide the amount of transactions (as well as sender/receiver).

• ZCash required a "trusted setup", meaning it needed some data to initiate and launch the project, but the data had to be destroyed after the project launch otherwise if anyone have access to this so-called "master private key" can counterfeit unlimited amount of ZCash. This is known as ZCash "toxic waste". There's no way to prove that this data hasn't been compromised.

• ZCash is launched by a US-based company to fund the development of the project & consists of cryptographic scientists from US & Israel.

• ZCash is basically taxing 20% of the mining revenue for the first 4 years to pay off private investors.

Source:

• http://weuse.cash/category/zcash/
• https://z.cash/blog/index.html?page=0