this post was submitted on 13 Nov 2024
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[–] shortwavesurfer@lemmy.zip 16 points 1 week ago* (last edited 1 week ago)

I would stay away from Zcash as privacy is not required on the protocol level. They are the electric coin company which is registered in the United States and they have shown that they are willing to add functionality to help law enforcement and exchanges trace users.

Monero has never compromised its security in order to help a law enforcement agency or exchange trace their users and have been taken off of many exchanges for that exact reason. The Monero people do not care if it's taken off of every centralized exchange because decentralized exchanges exist and atomic swaps exist and the Monero circular economy exists.