PANews December 10 news, Slow Fog founder Yu Xian stated that a high proportion of Zcash transactions can be traced, which is nothing new. During the last cycle when the concept of privacy coins was hot, Zcash was like this; it is not enforced privacy by default, but rather users can choose. For example, addresses starting with 'z' are for strong privacy, while those starting with 't' are transparent and can be traced. This design makes Zcash more understandable to regulators compared to Monero (XMR), which is a privacy coin with default strong privacy. Currently, almost all Zcash addresses on mainstream platforms start with 't', indicating that the group genuinely concerned about privacy is very, very small, and catering to regulations is the way for platforms to survive. Compared to the truly hardcore Monero, Zcash's privacy design strikes a better balance, allowing for a potentially broader path.