These two crypto currencies are the most outstanding when it comes to security, privacy and being untraceable among other currencies. They are both designed and built for maintaining anonymity and are the best when it comes to that and they all have some other good features apart from that.
If Zcash is the best in performing secure and untraceable transactions then Monero is the undisputed champion, because it surpass Zcash by a few things. Let’s see what the main difference between these two champions is. •
Less transaction fees
Liquidity
Security
Transaction fees
Monero has a fast blockchain and a lightning network for confirming transaction its even faster than of bitcoin and the fees are better than of bitcoin but it is outperformed by Zcash by a small margin when it comes to less fees, therefore when it comes to this Zcash has the best to offer.
Liquidity
The law of supply and demand plays a pivotal role in the markets and it has to be well balanced, Zcash has low supply than of Monero and it has higher chances of being the most expensive crypto currency but liquidity is most thing to look for. Zcash has a market capitalization of $481 million and 24 hour turnovers of $200 million against $1.1 billion of Monero. The return on investment (RIO) of Monero is +2.484.69% and Zcash has -98.81%. It is crystal clear that Monero is highly liquid than Zcash and this makes it the best when it comes to liquidity.
Security
Both coins are secure and were created to protect user’s data, transaction details are private and untraceable. Zcash uses zk-SNARKS and it allows the sender whether he want his transactions details to be private or revealed to the public. Monero uses Cryptonote and with its protocol there its total anonymity, there is no option of choosing whether you want to reveal your transactions to the public or stay private. With this protocol Monero guarantees total privacy than Zcash and therefore Monero is the winner in this category.
Conclusion
Both coins are good investment, they both offer great services but whenever there is a comparison there is always a winner. Zcash is good at security but Monero was better, I had to look beyond security and see other factors so that I could come up we a full comparison and a better judgment so I compared the transaction fees because it matters most and I had to check liquidity as well and the numbers do not lie and it proven Monero is best at security and beyond that.