Monero v Zcash: Which is a better buy?

2022-2-3 02:24

Key points:

Both are well-known for their strong privacy.

Monero has a much better reputation in the privacy market.

Both could rally as Bitcoin turns bullish.

Momero (XMR)

The leading cryptocurrency focused on private and censorship-resistant transactions, Monero offers users a high level of anonymity making their transactions confidential. It also allows fast inexpensive payments anywhere in the world with its use cases being untraceable by third parties.

ZCash (ZEC)

This cutting-edge currency has been created with privacy in mind, which makes it stand out from other coins. As an open-source project based on established blockchain technology, it ensures its users of the highest level of privacy and anonymity.

Which is a better buy?

There are increasing calls in the U.S and elsewhere for regulations that target the privacy aspect of crypto.

Back in 2021, The U.S Department of Treasury labeled Bitcoin as a currency used for money laundering, terrorist financing, and other illegal activities.

In recent years we've seen an increase in the negative press about cryptocurrencies such as Bitcoin (BTC) – mainly due to their use by malicious actors like hackers or criminals who seek ways around law enforcement tracking them down.

If such regulations ever come to fruition, cryptocurrencies that have unbreakable security are likely to draw more investor attention. That’s why Zcash and Monero could be pretty good buys in 2022.

While both are good, Monero has a better reputation in privacy circles. Unlike Zcash which has an on-and-off privacy switch, Monero is completely private and its ring signature approach makes its transactions completely private. This makes it a potentially much better investment than Zcash.

That said, both are pretty good investments and could see massive gains in 2022. Besides their privacy capabilities, both have a very low coin supply.

In essence, now that Bitcoin is turning bullish again, and regulations most likely coming up, both could rally in 2022.

The post Monero v Zcash: Which is a better buy? appeared first on Coin Journal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Monero (XMR) на Currencies.ru

$ 130.92 (+0.44%)
Объем 24H $41.135m
Изменеия 24h: -2.16 %, 7d: -1.50 %
Cегодня L: $130.34 - H: $135.45
Капитализация $2.414b Rank 47
Цена в час новости $ 146.21 (-10.46%)

monero better zcash buy coin journal much

monero better → Результатов: 31


Фото:

ShapeShift vs. Changelly 2021 – Which is the Better Instant Exchange?

Changelly and Shapeshift are two of the most popular instant exchanges that currently offer a relatively simple service that combines user-friendliness, speed and low fees. These platforms both provide a valuable service and offer users the opportunity to buy and trade in various cryptos, or ‘altcoins’ like XRP, Monero, ETH/ETC, LTC, and many others.

2021-1-11 19:46


IRS to Pay $625k Bounty For Building Monero (XMR) and Lightning Network Tracking Solution

The U.S Internal Revenue Service (IRS) has issued an incentive of up to $625,000 in bounty for anyone who will develop a Monero (XMR) Tracking solution for the law enforcement agency. According to the proposal floated last week, the IRS is looking to equip its Criminal Investigation (CI) better when it comes to virtual currencies; […] The post IRS to Pay 5k Bounty For Building Monero (XMR) and Lightning Network Tracking Solution first appeared on BitcoinExchangeGuide.

2020-9-12 16:48


Cardano, Monero and other altcoins with mid-market caps register sharp rise in performance

With all eyes fixed on Bitcoin's valuation at the moment, the lesser-known assets with medium-range market caps were seen performing better than the large market cap assets. According to Arcane ResThe post Cardano, Monero and other altcoins with mid-market caps register sharp rise in performance appeared first on AMBCrypto.

2020-1-12 23:00


Monero Releases CLI v0.15.0.0 ‘Carbon Chamaeleon’ Amidst Approaching Network Upgrade and Hard Fork

On Saturday, November 9, 2019, it was revealed on the Monero Reddit page that the CLI v0.15.0.0 Carbon Chamaeleon has been officially released. As for the release itself, anyone can run it and it is a suggested step to better prepare for the scheduled network upgrade. The latter is expected to take place on Saturday, […]

2019-11-11 03:16


Monero (XMR) Leader Riccardo Spagni Shreds Ethereum (ETH)’s Soul, Calls It An “Idiotic Idea”

Riccardo Spagni who is better known as “fluffypony” in the world of cryptocurrency – is the lead maintainer of the Monero, and lives in Plettenberg Bay. After spending many years in software development, he started a successful business in the import/export industry with his wife, which gave him the freedom to tinker with Bitcoin in […]

2018-11-7 11:39


Фото:

Zcash vs Monero: Report Says ZEC ‘Much Stronger’ Than XMR

Zcash (ZEC) is a better privacy coin than Monero (XMR) and should be considered one of the most important projects in the crypto space, according to a new study. A report by the New York-based firm Digital Asset Research (DAR) argues Zcash’s use of encryption makes it a far more secure privacy coin than its […] The post Zcash vs Monero: Report Says ZEC ‘Much Stronger’ Than XMR appeared first on Crypto Briefing.

2018-9-20 18:32


Hashbon ICO

Hashbon framework is a universal platform for effective building any applications or smart contracts, that work on top of live public blockchains: Bitcoin, Litecoin, Dash, Zcash, Monero and others. Framework will allow to store information on several blockchains simultaneously for better reliability in automatic and intellectual way, including deciding which blockchain currently offers better fee for storing KB of data.

2018-7-3 19:57