#NOT🔥🔥🔥 $ZEC

Title: Vitalik Buterin proposes new development strategy for ZCash

Vitalik Buterin, the famous founder of Ethereum, recently proposed a series of new development suggestions for the privacy cryptocurrency ZCash. In his latest speech, Buterin emphasized the potential of ZCash in maintaining transaction privacy and proposed a new model that combines off-chain governance with economic experimentation. This proposal aims to enhance ZCash's technical foundation and market position by leveraging decentralized governance principles.

At a recent industry conference, Buterin pointed out that although ZCash has adopted advanced zk-SNARKs technology to protect user privacy, this technology currently faces scalability and efficiency issues. He suggested that the ZCash team explore new technical routes, such as parallel processing and hardware acceleration technology, to optimize the verification process of zk-SNARKs, thereby improving the processing speed and user experience of the entire network.

In response to the problem of wallet support on mobile devices, Buterin proposed the need for a lightweight zk-SNARK protocol. He believes that as the technology matures and optimizes, ZCash has the potential to provide the same level of privacy protection on mobile devices in the future, which will greatly enhance its accessibility and practicality worldwide.

In addition, in order to promote the popularity of privacy transactions, Buterin also suggested that ZCash create an incentive mechanism to encourage more users and merchants to adopt privacy transactions. This may include integrating an anonymous voting system to make key decisions, or implementing regular annual RPGF rounds to allocate new coins issued by the network to ensure the fairness and transparency of the governance process.

These views of Buterin not only provide a new direction for the development of ZCash, but also bring new thinking to the entire privacy cryptocurrency market. With the increasing number of digital transactions today, ZCash, under the guidance of Buterin, may become a pioneer in leading safer and more private online transactions.

Faced with the severe challenges of global data security, privacy cryptocurrencies such as ZCash provide a viable solution. With the continuous advancement of technology and the gradual maturity of the market, privacy currencies will play an increasingly important role in the future digital economy.

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