Zcash Will Soon Make Its Sapling Protocol Available On PIVX

A new insider is viral in the ZEC latest news, showing that Zcash will soon make its Sapling protocol available on the minor privacy coin known as PIVX. Through the addition of this protocol, PIVX will be capable of higher performance in terms of transactions. Also, it will be capable of offering both unshielded and shielded transactions side by side. This will give users the option of privacy.

Furthermore, Zcash will soon implement the Sapling protocol as a way to separate the viewing and spending keys of an account, enabling users to look at transaction details without compromising their account in the process.

Specifically, PIVX will use a variety of Sapling that has Groth16 added as a feature. The reason behind this move is that the varient itself has a proven track record as is and has undergone a large amount of due dilligence in the past.

The PIVX 5.0 core wallet upgrade is scheduled to come into fruition later this year. As it stands now, the PIVX private coin network relied continuously on the Zerocoin privacy protocol. However, this coin was in the crypto news for facing some adversity, having an issue in the protocol allow attacks to mint coins at their own leisure. Even though the problem did not affect the users directly, the team expressed their desire to find a more secure system.

PIVX later explained that it had a tough time thanks to the Zerocoin protocol which had these issues. They also stated that the group had to work hard to ensure that PIVX wallet hodlers were primarily unaffected. Later on, the team was in the Zcash news, explaining that the new protocol would allow for its users to regain the levels of privacy they had and even more than the ones before.

PIVX was quick to state that it is the first blockchain that will adopt Sapling, a protocol which is not based on the Zcash coin itself. As it stands, only Zcash and its forks have done this, with Horizen only doing it partially back in 2019.

So, Zcash will soon implement this protocol and traders expect its price to rise and break through the $55 level, which is crucial at this point. Right now, ZEC is trading at $52.24 without any change on the day.