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Monero (XMR) vs Zcash (ZEC): What’s your true take on the better privacy coin?

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by COINS NEWS 92 Views

I imagine most people know Monero well, and that this sub will likely choose it blindly due to familiarity.

But rather than go to the Zcash or Monero sub, this is all we’ve got for maybe sort of not completely biased information.

What we know is that Monero is the oldest, like the Bitcoin of privacy coins. But is it still the best, over something like the next-largest privacy coin, Zcash?

Some mixed thoughts:

  • Zcash is limited in supply. Monero has no max supply but a fixed emission rate.

  • however, Zcash is more centralized, with ~5% of mining going to the developers.

  • Point above may give a pro to Monero, however, this can be a positive for ZEC in having a present team to keep up with the crypto trends, as in…

  • There is a roadmap for ZEC to go proof-of-stake. Developments like this can be maintained by a coin with a team behind it.

  • Even having Monero can raise questions about your intentions. But Zcash allows you to choose whether to shield a transaction, making it not purely a privacy coin but more rounded - not nearly as eyebrow-raising.

  • In the past, Vitalik Buterin alluded to his fondness of Zcash.

Do you still like Monero the best for its old, decentralized values and complete privacy?

Or do you like something newer with development and flexibility, since after all: who knows what trends will be present in the crypto world tomorrow where a coin must change again?

Any other pros and cons? Curious to hear this sub’s take.

submitted by /u/OrganicDroid
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