Zcash (ZEC) is not just a currency; it is a Zero-Knowledge technology. Recently, developers announced a new proposal to adopt dynamic transaction fees instead of fixed ones.
Impact Analysis 1. Cost Reduction: This modification aims to lower transaction costs, making the use of Zcash more attractive to everyday users. 2. Efficiency Improvement: It addresses the issue of network congestion.
The critical factor (supply and demand) along with that, the impact of the recent halving means that the new supply of ZEC is shrinking, while positive announcements increase demand. This combination is often a recipe for a significant price movement in the medium term.
: $ZEC is a project with a strong foundation focusing on privacy. Do you think these technological developments will bring ZEC back to $700 levels again?
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