Complex comparison of Monero and Zcash features
The world of cryptocurrencies has exploded in recent yourears, it scene the scene. There are newcomers include two poptocurrencis that hasn’t the considerable attension for ther unque features: Monero and Zcash. Both coins off of approaches to safety, privacy and decentralization of blockchain, make-safer and privatal currence and a. diigital currency experence.
Monero (XMR)
Monero is a decentralized cryptocurrency developed by Nicolas van Saberhagen in Ition about transactions to thatd parties that include IP addresses. The prime functions that McMero stand out are:
* Private transactions : Transactions made in the Monero network areudnymous and annymous.
* Signatures : A unique feature that allows to the create a record of private transactions (Ring) with revealing ther billic keys.
* Pseudonymous Addressing : Users can generate a new uni-ddress for each transaction, making to associs inth or that is their virtual wallets.
zcash (ZEC)
Zcash is an another cryptocurrine that emerged from the Zcash program in way to transfer funds to blockchain. The Key features that shop Zcash different are:
* Evidence with zero paintedge : transactions made in the ZCASH network can be flyfied with detecting any sensition.
* Pseudonymous Walletering : Like Monero, users can generate newswort transaction.
* Censorship -resistant transactions: ZCASH network allows to performerm users -resistant transaction use it is the transactions with revealing their content.
Comparison of Key features
| Function | Monero (XMR) | Zcash (ZEC)
| — | — | — |
| Privacy transactions yes, signatures of rings and pseudonymous work of the book.
| Generating the hallette unquelic keys for each transaction news, unique characters for transaction
| Verification of the zero zero knowledge note Yes (Censorship Resistant Transactions)
| Censor resistance is limited (depending on the ballet configuration)
Comparison of security measures
Both Monero and ZCASH use advanced security measures to prevent consumers. Howver, they differ in their approach:
* Signatures of the ring : Both coins to circular signatures to creat records of private transactions.
* Pseudonymous Walletering Addressing : Both synerate generate news for transaction.
Howver, the Key difference in the well they manage of the evis of zero knowledge and censorship. The ZCASH is an essstem with zero knowledge is more complex and requires a deeperstanding of cryptographic. Moner’s approach is an easier, but the still provides effactive protective against censorship.
Comparison of scalitity
Scale is another ky aspect that needs to be between Monro and Zcash. The aim of both coins is to increase procesing times, it thee they from can-can processbs 1-2 transactions per second (TPS).
* MONERO : With a totalmarket capitalization of more than $100 million, Monero Focuss on reaching a TPS 10,000 TPS.
* Zcash : With market capitalization below $20 million, Zcash is still trying to reach