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 we compare Monero and Zcash, it is best to understand these two currencies first, because some newbies in the currency circle may not understand them very well. In fact, Monero is a cryptocurrency that was created as early as 2014. The biggest feature of this currency is that it pays great attention to privacy, decentralization and scalability. It has its own unique advantages in blockchain obfuscation. , is a privacy coin that is loved by investors. The characteristic of Zcash is that the transaction can automatically hide both parties and the amount of the transaction on the blockchain, which means that only those who hold the key can see the specific transaction information. Let the editor of the currency circle give you a comprehensive analysis of which one is better, Monero or Zcoin?

## Comprehensive analysis of which one is better, Monero or Zcash?

·Monero

Monero is the top choice for the best privacy currency because it has the best combination of encryption and ease of operation, while also having high adoption on the dark web.

First of all, Monero is the only currency on the list that makes all transactions private by default. Private transactions in other currencies require a specific function to be enabled or special processing to be performed. Secondly, the Monero ecosystem is quite active, with a variety of wallets and tools that make sending, receiving, and trading operations very easy to get started. Monero's GUI wallet syncs with remote nodes. The ring value is set to 7, which is Monero’s default setting.

This means that in this transaction, one input comes from the wallet shown in the picture, and the other 6 inputs come from the Monero blockchain. Monero has also received strong support from many exchanges and is currently listed on 98 exchanges. At the same time, tools such as XMR.to and ShapeShift make anonymous transactions between different types of cryptocurrencies very convenient and easy, without the need to log in to the exchange.

·Zcash

Zcash may have the strongest currency encryption technology, but the limitations of the tools make it difficult for ordinary users to achieve actual private transactions. Zcash’s privacy features are also not widely used and are not accepted by seven of the top darknet markets.

The address and balance of Zcoin are hidden in the network. To complete a transaction, there needs to be some kind of protocol to verify that the sender's funds are sufficient and that the funds received by the recipient are correct. During this process, no information related to the addresses of both parties to the transaction will be leaked.

Zcash solves this problem through zk-SNARKs (full name: zero-knowledge, concise, non-interactive controversial verification). zk-
SNARKs were developed by academic cryptographers and are complex algorithms, but their implementation in Zcoin is simple.

Typically, if the initiator of a transaction wants to prove that it has enough funds, it needs to show its balance on a public blockchain or centralized server. And zk-
The verification method of SNARKs is that you only need to provide a cryptographic proof that shows your balance, without revealing any other information.

When you initiate a large Zcoin private transaction, zk-
SNARKs will first verify whether the address exists and whether the sender has sufficient funds. These funds are then “burned” and replaced with a metaphorical IOU that creates new currency for the recipient, and the “burned” and newly created currency cannot be traced.

Although Zcoin’s encryption technology is very cool, it is not perfect. Its biggest shortcoming is that when applied to actual private transaction scenarios, the available services and tools are very limited.

The above is the detailed analysis of the editor of the currency circle on the issue of whether Monero or Zcoin is better. Although it seems that Monero has become the first choice for privacy currency now, no one can say what will happen in the future. In the future, perhaps the Mimbelwimble mechanism will be deeply applied, and Bitcoin's Snow signature will continue to develop. Such progress may also make Monero slowly marginalized, and Bitcoin's Snow signature will also continue to develop. If hackers find it, it will also endanger the user's privacy. We need to know that the above scenarios are all possible, so we should focus on the present and make good choices now.