đšđ„ $BTC AND $ZEC TAKE VERY DIFFERENT APPROACHES TO SUPPLY TRANSPARENCY â AND THAT DIFFERENCE MATTERS. đ
Bitcoinâs public blockchain makes its issuance and publicly visible supply information highly transparent and independently verifiable.
ZEC takes a different approach.
Privacy is built into the protocol, which means some transaction and supply information isnât publicly visible in the same way.
ZEC bulls call that privacy by design.
I call it a trade-off traders need to understand before sizing into the position.
With less publicly visible information, you rely more heavily on the protocolâs rules and cryptography rather than having the same level of on-chain transparency associated with Bitcoin.
That doesnât automatically make $ZEC bad.
It simply means BTC and ZEC are designed around different priorities.
Privacy has a cost.
Transparency has a cost.
đ„ SO HEREâS THE REAL QUESTION: WHEN YOU CANâT SEE EVERYTHING ON-CHAIN, DOES THE PRIVACY BENEFIT OUTWEIGH THE LOSS OF TRANSPARENCY FOR YOU? đ
đ BTC â MORE TRANSPARENT
đą ZEC â MORE PRIVATE
âïž DIFFERENT TRADE-OFFS
VOTE BELOW đ â WHICH MATTERS MORE TO YOU?
Bitcoinâs public blockchain makes its issuance and publicly visible supply information highly transparent and independently verifiable.
ZEC takes a different approach.
Privacy is built into the protocol, which means some transaction and supply information isnât publicly visible in the same way.
ZEC bulls call that privacy by design.
I call it a trade-off traders need to understand before sizing into the position.
With less publicly visible information, you rely more heavily on the protocolâs rules and cryptography rather than having the same level of on-chain transparency associated with Bitcoin.
That doesnât automatically make $ZEC bad.
It simply means BTC and ZEC are designed around different priorities.
Privacy has a cost.
Transparency has a cost.
đ„ SO HEREâS THE REAL QUESTION: WHEN YOU CANâT SEE EVERYTHING ON-CHAIN, DOES THE PRIVACY BENEFIT OUTWEIGH THE LOSS OF TRANSPARENCY FOR YOU? đ
đ BTC â MORE TRANSPARENT
đą ZEC â MORE PRIVATE
âïž DIFFERENT TRADE-OFFS
VOTE BELOW đ â WHICH MATTERS MORE TO YOU?