PANews reported on December 10th that Yu Xian, founder of SlowMist, stated that a high percentage of Zcash transactions can be traced, which is not new. Zcash operated similarly during the previous privacy coin boom, not by default enforcing privacy, but by allowing users to choose. For example, addresses starting with "z" indicate strong privacy, while those starting with "t" are transparent and traceable. This design makes Zcash more readily understood by regulators than privacy coins like Monero (XMR), which default to strong privacy. Currently, almost all Zcash addresses on mainstream platforms begin with "t," indicating that the group truly concerned about privacy is very, very small; complying with regulations is the only way forward for these platforms. Compared to the truly hardcore Monero, Zcash's privacy design offers a better balance, potentially allowing for a wider path forward.PANews reported on December 10th that Yu Xian, founder of SlowMist, stated that a high percentage of Zcash transactions can be traced, which is not new. Zcash operated similarly during the previous privacy coin boom, not by default enforcing privacy, but by allowing users to choose. For example, addresses starting with "z" indicate strong privacy, while those starting with "t" are transparent and traceable. This design makes Zcash more readily understood by regulators than privacy coins like Monero (XMR), which default to strong privacy. Currently, almost all Zcash addresses on mainstream platforms begin with "t," indicating that the group truly concerned about privacy is very, very small; complying with regulations is the only way forward for these platforms. Compared to the truly hardcore Monero, Zcash's privacy design offers a better balance, potentially allowing for a wider path forward.
SlowMist Cosine: Zcash does not implicitly enforce privacy; its balanced design is more understood by regulators.
PANews reported on December 10th that Yu Xian, founder of SlowMist, stated that a high percentage of Zcash transactions can be traced, which is not new. Zcash operated similarly during the previous privacy coin boom, not by default enforcing privacy, but by allowing users to choose. For example, addresses starting with "z" indicate strong privacy, while those starting with "t" are transparent and traceable. This design makes Zcash more readily understood by regulators than privacy coins like Monero (XMR), which default to strong privacy. Currently, almost all Zcash addresses on mainstream platforms begin with "t," indicating that the group truly concerned about privacy is very, very small; complying with regulations is the only way forward for these platforms. Compared to the truly hardcore Monero, Zcash's privacy design offers a better balance, potentially allowing for a wider path forward.
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