Highlight Clip: Qiao Wang: Zcash Is Bitcoin That Is Capable of Changes

Qiao Wang: Zcash Is Bitcoin That Is Capable of Changes

On September 15, 2026, Qiao Wang, co-founder of Alliance, said on the Good Game Podcast that Zcash is like "Bitcoin that can change," with its key advantage being its ability to adapt to emerging threats such as quantum computing and users' privacy needs. He argued that Bitcoin's protocol ossification provides stronger guarantees of fixed supply and immutability, but comes with a trade-off in adaptability. He said that Zcash is a "different Bitcoin," not necessarily a "better Bitcoin," and that his Bitcoin holdings remain far larger than his Zcash holdings, which he primarily views as a hedge against risks facing Bitcoin.

Zcash launched in 2016 and uses zero-knowledge proofs to protect transaction privacy, supporting both transparent and shielded transactions. However, its development has also been accompanied by controversy. F2Pool co-founder Chun Wang has criticized Zcash's rally as primarily narrative-driven, arguing that its market capitalization ranking cannot substitute for actual usage. He has also questioned its early reward allocation, development funding model, governance and security history. — link

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