Criticisms of Zcash

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Erik Orrje’s avatar
Erik OrrjeOP, 2 days ago·#2362

Zcash will become the next money. That's because it contains bitcoin's solutions to fiat, and also solves bitcoin's lack of privacy.

Criticized1
Benjamin Davies’s avatar
Benjamin Davies revised about 23 hours ago·#2369
Only version leading to #2372 (2 total)

Bitcoin (and by extension Zcash) does not solve fiat. A key problem of fiat is that it isn’t backed by anything. Bitcoin isn’t backed my anything, and as far as I know, neither is Zcash.

Criticism of #2362
Zelalem Mekonnen’s avatar
Zelalem Mekonnen, about 22 hours ago·#2372
1st of 2 versions

Bitcoin is backed by POW or computational work or encryption.