Alliance DAO co-founder supports Zcash: Zcash is now like early bitcoin with still huge upside potential

BlockBeats news, on June 5, Alliance DAO co-founder QwQiao posted, “Zcash now gives me exactly the same feeling as the early days of Bitcoin. Some of the smartest people are contributing code to this project; on the other hand, the largest group is the so-called midwits who think they’re clever; there are all kinds of bugs and existential threats; nauseating price volatility; but if it really takes off, the upside potential is insanely asymmetric (high risk, high reward).”

Today, privacy coin Zcash (ZEC) was hit by a market sell-off after news broke of a security vulnerability that could lead to unlimited token minting.