The future of Zcash, #ZECUSDT like any cryptocurrency, is hard to predict. However, it should be noted that in its short history, the Zcash project has attracted the attention of various groups.
For example, its privacy features have been attempted to be integrated into Ethereum (ETH). #ETH🔥🔥🔥🔥🔥🔥
Large financial institutions, such as JP Morgan, have also integrated Zcash technology into various blockchain-based software products, believing that it will enable them to maintain compliance with business requirements and regulations while using blockchain.
However, Zcash faces hurdles when it comes to the broader adoption of this solution.
Due to the computations that occur in the process, the Zcash blockchain is much larger than that of other cryptocurrencies, leading to concerns about the decentralization of the network.
There are other competing cryptocurrencies, such as #GRIN , #BEAM , and #XMR (or even other alternative options), which may provide a better solution for users who care about privacy.
Moreover, there is a negative reaction from regulators who fear the potential use of technologies like Zcash by criminals. As a result, some exchanges have decided to refuse ZEC and other privacy-focused cryptocurrencies due to doubts about their legal status.
