Paradigm Labels Zcash a Private Complement to Bitcoin. What the Implications for Both Coins

Matt Huang of Paradigm frames Zcash as Bitcoin's private complement, sharing its 21 million coin hard cap while adding shielded transactions. Matt Huang of Paradigm frames Zcash as Bitcoin's private complement, sharing its 21 million coin hard cap while adding shielded transactions. ZEC surged from $569 to $1,566 before Huang's quote appeared, meaning the rally predated and was not caused by the endorsement. ZEC surged from $569 to $1,566 before Huang's quote appeared, meaning the rally predated and was not caused by the endorsement. Paradigm disclosed ZEC ownership but revealed no position size, cost basis, or price target, limiting what the endorsement actually signals. Paradigm disclosed ZEC ownership but revealed no position size, cost basis, or price target, limiting what the endorsement actually signals. On September 16,…