Alliance DAO Endorses Zcash: Zcash Now Similar to Early Bitcoin, Massive Upside Potential Ahead

BlockBeats News, June 5th, Alliance DAO co-founder QwQiao stated in a post, "The feeling Zcash gives me now is exactly the same as the early days of Bitcoin. A group of the smartest people are contributing code to this project; on the other hand, there is the largest group of self-proclaimed smart but clueless individuals (midwits); all kinds of bugs and existential threats; nauseating price volatility; but if it really takes off, the upside potential is also insanely asymmetric (high risk, high reward)."

Today, privacy coin Zcash (ZEC) experienced a market sell-off after it was exposed to a security vulnerability that could lead to infinite inflation.