In the cryptocurrency market, Dash and Zcash have attracted much attention. Investors are looking for great potential in the future. So, is Dash or Zcash more likely to become the next hot digital asset? Let's take a deep look at the advantages and disadvantages of these two cryptocurrencies and see what their development prospects are.

Dash's Potential

Dash, as a decentralized digital currency, is committed to providing a faster and more private transaction experience. Its hybrid mining technology greatly improves the transaction confirmation speed while protecting user privacy. This feature makes Dash very popular in the field of digital payments. For example, Alice, who came late, successfully avoided the transaction failure caused by the delay of the traditional banking system by using Dash payment, which brought convenience to her business.

In addition, Dash also focuses on community governance and enables community members to participate in decision-making through decentralized autonomous organizations (DAO). This open governance model provides more possibilities for the development of Dash. For example, Xiao Ming, as a member of the Dash community, proposed an improvement suggestion, which was widely supported and finally successfully promoted the development direction of Dash.

Potential of Zcash

Zcash (EOS), as a blockchain-based smart contract platform, aims to provide higher scalability and user-friendliness. Its Delegated Proof of Stake (DPOS) consensus mechanism enables faster transactions while avoiding the congestion problem in traditional blockchain networks. This feature makes Zcash the first choice for many decentralized application (DApps) developers. For example, Xiaohong successfully achieved efficient interaction with global users by deploying her own DApp on the Zcash platform, bringing more opportunities for her entrepreneurial project.

In addition, Zcash is also committed to building a complete ecosystem, attracting more developers and users to join by continuously promoting technology upgrades and community building. For example, Xiaolong, as a loyal supporter of Zcash, actively participates in community activities and contributes to the prosperity and development of the ecosystem.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Before answering the question of which one has greater potential, Dash or Zcash, we might as well briefly understand what Dash and Zcash are. In fact, both Dash and Zcash are anonymous coins based on the PoW consensus mechanism. The main goal of Dash is to allow anyone anywhere in the world to do so without relying on a central authority and with low fees at any time. , making it easier to trade digital assets. Zcash is the first blockchain system to use a zero-knowledge proof mechanism, which can provide an anonymous currency with complete payment confidentiality. Because the two are similar, many investors want to know which one has greater potential, Dash or Zcash? Let the editor of the currency circle talk about it below.

 Which one has greater potential, Dash or Zcash?

Dash was born in 2014. It is an early mainstream currency, but its market value ranking is on a relatively downward trend. After all, as a pure payment token, the development space is currently relatively limited. However, Dash’s official website shows that the number of supported merchants has reached 4,800+, and it has received a lot of explicit support.

The characteristic of Dash is that it adopts a two-layer network design of bottom layer + masternode. Its anonymous transactions and real-time transactions all rely on the master node to complete; and the master node can participate in the development decision-making of the project through voting, making governance more efficient.

Zcash is the first blockchain system to use a zero-knowledge proof mechanism, which provides complete payment confidentiality while still being able to maintain a decentralized network using a public blockchain. The same as Bitcoin, the total supply of Zcash tokens (ZEC) is also 21 million. The difference is that Zcash transactions automatically hide the senders, recipients and amounts of all transactions on the blockchain. Only those with the viewing key can Only people can see the content of the transaction. Users have complete control and can choose to provide viewing keys to others.

Zcoin was once crazy, why is it called crazy? Zcash is the only digital currency in history whose price has ever exceeded that of Bitcoin. Because before the genesis block was born, it was already attracting attention and shining brightly. It is said that it is so popular that even before it is officially mined, the futures price of Zcash on Bitmex can reach as high as about 1,400 US dollars. At that time, there were many people in the entire currency circle who were frightened and slapped their thighs. Zcoin vividly embodies the concept of one coin for one young model and one coin for one villa.

 What is a privacy coin?

Privacy coins are the evolution of cryptocurrencies such as Bitcoin. Bitcoin transactions are anonymous because the owner of each wallet is unknown, but each transaction is publicly broadcast and viewable on the public ledger. This means that all transactions for a given wallet can be viewed and audited. Therefore, anonymity is compromised if a person's real-world identity is tied to a Bitcoin wallet address.

Like Bitcoin, most privacy coins use a public ledger for transactions but use various methods to obscure the sender and receiver of a transaction. Leading privacy coins implement different solutions to this problem, but the main one is that the link between the sender and receiver of a given transaction is obscured, which prevents activity from the wallet address from being tracked.

As mentioned above, the public ledger is transparent and shows the holdings and activity of a given wallet. In many cases, this is not a problem and does not require a solution. However, as Bitcoin continues to be used, it's easy to imagine a future where more wallet addresses are tied to real-world identity and privacy. For example, businesses deal with manufacturers and suppliers without being willing to broadcast their products to the public before they are released. Additionally, large holders on the Bitcoin “rich list” (a list of wallets with the most assets) may fear for their safety if their wallet addresses are linked to their real identities. Privacy coins aim to solve these problems and grant transaction anonymity in a decentralized and scalable way.

This article aims to provide an overview of the three most popular privacy coins by market capitalization (Monero, Dash and ZCash) and how they attempt to protect privacy. This article is not an exhaustive examination of privacy coins, and many other promising projects exist beyond those described here.

The above is a comprehensive explanation by the editor of the currency circle on the question of which one has greater potential, Dash or Zcash. In fact, from anonymous reporting to anonymous doing good deeds, from anonymous dating to anonymous voting, we cannot avoid some situations that require anonymity in our daily lives, and some basic characteristics of human nature also make us attach great importance to our privacy. Encryption The development of currency reflects the development of human society. From another perspective, our country's regulatory authorities are now further strengthening their supervision of digital currencies. At this time, anonymity has become our last line of defense, so investors have always been very demanding for anonymous coins. exuberant.