Zcash is up more than 425% over the past year, but Tyler Winklevoss says adoption is still at an early stage.
At Token2049, he said only around 10 people in a room of thousands raised their hands when asked whether they owned $ZEC.
That gap between strong market performance and limited ownership is an important part of the current Zcash story.
Privacy usage is also growing on-chain. Around 29% of ZEC supply is currently held in shielded pools, while Zcash’s newer Ironwood system allows transaction details such as senders, recipients and amounts to remain private.
#Zcash #Macro Insights# #Altcoin Season#
At Token2049, he said only around 10 people in a room of thousands raised their hands when asked whether they owned $ZEC.
That gap between strong market performance and limited ownership is an important part of the current Zcash story.
Privacy usage is also growing on-chain. Around 29% of ZEC supply is currently held in shielded pools, while Zcash’s newer Ironwood system allows transaction details such as senders, recipients and amounts to remain private.
#Zcash #Macro Insights# #Altcoin Season#