Zcash (ZEC)

As of 2018, Zcash did relatively well and traded for $202 with a market capitalization of more than $870. Zcash executed the first hard fork in 2018 which was planned for a long time for the block 347500 which was successfully mined and has since scheduled a larger hard fork for the same year in October. The digital asset made a strategic partnership with the major financial institution JP Morgan which was also looking to install the Zero-knowledge proof protocol into their own blockchain project. Having such a partner gives the coin huge credibility.

The governments around the world have just started discussing how they can regulate cryptocurrencies because they don’t like the idea of anonymous payment systems buy Zcash has a possible solution which is named the ‘’View Key.’’ Every Zcash holder has access to the view key which will later allow them to reveal the transaction data and this key can also be shared with other users such as law enforcement and regulators which will allow them to audit transaction history. However, the user will have to provide the data by voluntarily agreeing. Another issue that could prevent the value of this digital asset to grow is the potential to scale. The blockchain can process more transactions per second than Bitcion but it is still only able to achieve between 6-26 transactions per second.