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Altcoins Altcoin Talk Started Aug 28, 2026 3:15 PM

zcash

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Aug 28, 2026 3:15 PM
#1
zcash zec

What is the purpose of zec? Why does it exist?
Is it just a privacy honeypot? What's the point if nobody uses it?
Is it just an investment scam? What makes it different to the other memecoins?
Does it have an actual institutional purpose?
I'm not asking because I'm trying to predict it; I'm not inclined to try.
I just want to get some basic understanding, which seems buried in bullshit.

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Aug 28, 2026 3:52 PM
#2

@Nebuchadnezzar_II Don't know much about it, but from the little I have heard explained, it seems like some type of scam, or perhaps even a honey pot. The privacy part isn't by default if I am not mistaken, so that alone is a red flag in my eyes. If its marketed (and that's all it seems to be, marketing) as a privacy coin, that should be the deafult option, or truthfully, the only option.

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Aug 28, 2026 4:53 PM
#3

@nemesis Sure its a total bullshit coin. What I don't understand is the true intentions behind it, and why theres even money in it. It makes no sense to be a honeypot if people aren't using it.

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