The privacy coin competition in the market is headed towards the cut-throat levels with each purporting to offer the best privacy solutions but not all deliver on their promises. ZCash (ZEC) has a different privacy propositions that will make you want to be part of its tight knit and ever growing community. Unlike its rivals, the coin is fool-proof supported by it anonymity levels.
Initially, when ZCash was invented, its code was stored in different computers in different locations. This way, the code could not be accessed by non-authorized users. These computers were later rendered “absolute” and up to now, no one can access the code base and the secrets cannot be “traced”.
ZCash Investor Confidence
With no one with access to the original ZCash (ZEC) code, the coin has remained secure and this is what has attracted to vibrant investor community. Secondly, ZEC has over a short time become very valuable in terms of price and usability. Traders are looking for a privacy coin that meets their individual needs and that of their business associates.
Unlike other privacy coin, ZCash attractiveness is based on its fundamental architecture and traders have distinct functions that attract them to the network. Owning ZEC has proved to reduce the market uncertainty and given the investor a safe haven for their funds. Below are some categories of consumer needs that are the driving force behind this potentially viable but undervalues digital asset.
ZCash for Investors looking for Financial Privacy
Crypto crime is becoming a multi-million business and protecting your online funds has become a necessity. Investing on a platform that protects your funds and privacy in equal measure requires due diligence and this is what ZCash stands for. The hackers are lurking everywhere online and a system that compromises your privacy should be shunned.
ZCash goes beyond the VPN technology; it ensures you’re the data in the system is kept secured at all time and it cannot be used to access your funds without your consent. Any information that you make between you and ZCash is kept under wraps and that is what a true privacy coin should offer the investor.
ZCash (ZEC) Financial Freedom Vehicle Function
With the explosion of cryptocurrencies and their real life use cases, no one wants to be shut out from their financial freedoms. As a privacy coin, ZCash is liberating those their financial freedom has been taken away by the authorities. The platform features do not expose its users to the central governments and other agencies.
Simply put, ZCash transactions offer a bridge between zero financial autonomy and financial freedom. There are minimal chances for your transactions traceability. Unlike fiat transactions where your information and historical transaction date is stored in a central depository, ZCash bypasses that and eliminates third parties.
ZCash Protects your Business
With ZCash (ZEC), your business potential is unlimited especially you do not need your transactions get to the public domain. Whether you are donating funds to suspect groups, making political deals or just paying for medication that you do not want disclosed, ZCash has you covered. This is a unique function that the platform is using for its adoption campaigns.
You have the upper hand in tailor making use cases on the platform that suits your needs. You do not have to cover your tracks in your transaction activities. The level of anonymity is secure enough to transact any type of business without being tracked.
ZCash is an Investor Safe Haven
Investor who wants to invest on their privacy, the ZCash (ZEC) platform is a good place to invest in the long term. The platform is designed to last long enough for you to get a fair share on your investment. The potential price gains are evident; the current ZCash (ZEC) price of $138.26 will not come down anytime soon and stocking up means future profits.