PANews|Sep 18, 2026 07:07
[Helius Co-Founder Mert: Privacy Mechanism is the Foundation for Zcash Becoming a Superior Currency Asset]
Helius Co-Founder Mert Mumtaz posted on the X platform, stating that privacy is often seen as the ultimate goal of Zcash, but its more significant role lies in helping to build a superior currency asset. Internet-native currencies inherently carry historical transaction information, which may lead to the inability of different coins to be fully interchangeable. Privacy, however, can provide the hedging attributes and fungibility required for value storage assets, ensuring that funds no longer carry the 'historical baggage' of previous holders. He believes Zcash extends the benefits of traditional banking confidentiality to a global scale, enabling users to access capabilities once reserved for a select few with just an internet connection and a key pair. Even if users themselves do not have privacy needs, the privacy mechanism remains the foundation for Zcash to become a superior currency asset. Additionally, this must be combined with quantum resistance and performance upgrades.
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