Criticisms of Zcash

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Erik Orrje’s avatar
Erik OrrjeOP​·​#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​·​#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​·​#2372​·​
1st of 2 versions

Bitcoin is backed by POW or computational work or encryption.