Arkham's $420 Billion Zcash Volume: Is the Privacy Coin's Promise Ending?
— Bitcoinist
Arkham's Zcash research questions the privacy coin's core promise: Most transactions are traceable.
Arkham Intelligence reveals over half of Zcash's $420 billion transaction volume is attributed to known entities, challenging the privacy promise of the cryptocurrency.
- Arkham's research shows most Zcash transactions are not private; many are conducted through transparent addresses due to compliance requirements.
- The US government's Zcash wallet holds seized ZEC from an unnamed individual, increasing the traceability of the privacy coin.
- Zcash's privacy features are now questioned as most users' transaction histories are publicly accessible.
Arkham's findings weaken Zcash's privacy promise, leading users to reconsider their expectations for financial anonymity.