Zcash Surpasses Monero in Privacy

Increase in the Secret Use of Zcash

Zcash has recently risen to a leading position among privacy-focused cryptocurrencies. It has surpassed Monero to become the largest privacy-oriented cryptocurrency by market capitalization. Currently, 20-25% of Zcash's total circulating supply is held in shielded addresses, indicating a growing interest in privacy among users.

Encrypted Transfers Become Standard

The newly developed Zashi wallet has made encrypted transfers the default setting. This change simplifies the process for users to ensure privacy, making it a standard practice.

Project Tachyon Gaining Momentum

Project Tachyon, led by Sean Bowe, aims to increase the speed of private transactions. The goal of the project is to enable thousands of private transactions per second. This development could present a significant innovation in the market.