๐ Former US NSA employee Edward Snowden said that guaranteeing the complete confidentiality of the Zcash crypto currency is the 'most interesting alternative' to Bitcoin.
๐ In response to the tweet of BitGo developer Mason Bord, who claims that ZCash is the only altcoyin developed by professional and academic cryptographers, Snowden wrote:
๐ 'I agree. Thanks to its anonymous technology, ZCash is the most interesting alternative to bitcoin. Bitcoin is an excellent crypto currency, but because it is not anonymous, it is not safe' ๐
๐ In response to a question about his attitude towards Monero, Snowden pointed out that this is an 'amateur crypto currency' with significant problems in the field of transaction tracking: 'Errors happen. They can have serious consequences for such guys as I am. '
๐ The opposition between anonymous crypto-currencies has been going on for a long time. In response to the calls on Twitter, the developer Monero Richard Spagny provided many arguments in defense of his technology, and the creator of Litecoin, Charlie Lee wrote: 'I keep Monero, but not Zcash.'
๐ Zcash and Monero crypto-currencies are created to ensure the anonymity of transactions and protection of personal data of users. To achieve these goals, they use different tools, but they come to the same result, although not all agree with this. Zcash is based on the cryptographic operation zk-snarks, while Monero hides information about transactions using ring signatures and stealth addresses.
๐ค source: http://happycoin.club ๐ค