Zcash is nice, and I do like the concept of a completely untraceable coin on a theoretical level (using zero knowledge proofs), but it has other issues.Bitcoin: Bitcoin for Beginners, is your one-stop guide to everything that you need to learn about bitcoin.A Beginners Guide to Margin. head to the discussion board I created about this on Reddit.
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REDDIT and the ALIEN Logo are registered trademarks of reddit inc.Should we discuss how fiat currency is facilitated in criminal transactions every single day.Please confirm that you want to add Cryptocurrency and Bitcoin Made Easy For Beginners to your Wishlist.While Monero works similar to mixing, it does so continuously for everyone, so even when you are not spending your coins it will be continuously mixed over time making it harder and harder to trace back (not to mention the lack of a central organization that will have master knowledge of coordinating the mixing which is key).
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My mission is to demystify the process of investing in cryptocurrency and make things as easy as.Coins like Monero and Ether that have people like Vitalik and Ricardo behind them make things alot easier.Poloniex - ( CAUTION: Currently experiencing withdraw issues.).If you deposit money to your bank account, would you like it to be seized because a drug dealer had it in his possession 2 years ago.The benefit of such weak cryptography is that if there is an error in the system, it can be corrected, but if you want to use cryptocurrency to make untraceable transactions, it is a bad way to do it.
If you are a company, would you like all your competitors to be able to see all the transactions you do.
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Also, you just said you trust the Zcash team, whose team members have explicitly discussed installing backdoors, and aiding law enforcement in tracking down people using their coin.
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Hopefully Monero is easily switchable since its kind of the same (from what I understand).I have been in crypto since 2013.Monero is 1 of a kind monster.