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Zcash May End The Money Trail

Sat Feb 25, 2017 12:58 pm


Zcash, a decentralized and open-source cryptocurrency that has complete anonymity on the blockchain, is causing a lot of worries within law enforcement as most agencies think it will harbour illicit transactions.

A US state prosecutor, Kathryn Haun, expressed skepticism regarding claims of the full anonymity of Zcash, emphasizing that if it works as advertised then it would make the prosecutor’s job “a lot more difficult”. Criminals want to be paid, Haun stated in a news interview, therefore agents follow the money, but:

“If we all the sudden omit an entire source of evidence historically available, that will make our job a lot more difficult, definitely.”

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