Zencash is a public Blockchain that offers anonymity and transaction privacy to users. Currently the team behind Zencash are working with IOHK amid investigations as to how DAO technology could be introduced. Zencash is focused on scalability, which is often thought to be a massive problem in Blockchain.
\r\nZencash wants to offer the best privacy technology in the Blockchain and cryptocurrency world. Using zk-SNARKS, Zencash provides private transactions, and uses domain fronting to conceal internet connection endpoints. Zencash also uses the IPFS system to access and publish data anonymously. Made popular by Ethereum, Zencash also supports the idea of Decentralized Autonomous Organisations. The creators of Zencashalso claim it has the most hard-wearing Blockchain system around.
\r\nDespite Zencash garnering a lot of attention from technology enthusiasts, it has been reported that some users are confused as to how to use it. The team behind Zencash are currently working on the products and services which function with ZEN as a currency. It has been confirmed that these products will be centred on messaging, media and more.
\r\nThe Zencash team have revealed that numerous features and services will be released in 2018. An iOS wallet is just one of the features currently being developed for users.
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MoreThe digital economy is maturing and blockchain technology is changing the way many industries do business. The financial sector is leading the way in blockchain and digital assets.
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