New Bitcoin Rival Promises Anonymity for Online Purchases ByTimothy SohnPRO INVESTOR Updated: 12 September 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage (CNBC) – A new cryptocurrency launched late last week, claiming to allow users to make online purchases anonymously and sparking controversy and a negative reaction from the authorities. Zcash launched last Friday and is currently worth $498 dollars per coin, in comparison to $706 for one bitcoin. Zcash uses a technique called “zero-knowledge proofs” to ensure coin exchanges are valid but without revealing extra information to either user. Join Our Telegram channel to stay up to date on breaking news coverage
