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The original was posted on /r/monero by /u/MoneroFox on 2024-08-10 18:06:27+00:00.

… One thing is clear: Eight years in, few people actually use Zcash. The protocol earns about $30 a day in fees and processes just 3 transactions a minute. Its total fee revenue of 2023 was only $14k … It’s not alone in its struggles. As Forbes pointed out in March, numerous billion dollar crypto zombies roam the digital landscape. Blockchain zombie, Monero, another privacy coin developed in 2014 has a $2.7 billion market cap but like Zcash almost no one uses it – or pays fees …

… the big question facing Zcash and others is whether there is enough demand for privacy coins in the first place. Users value convenience over privacy. It’s one reason why most have shrugged off privacy breaches and concerns on mega tech platforms like Facebook or TikTok …

Fervent as ever, Wilcox likes to tell the story of a Syrian refugee who participated in the country’s pro-democracy protests early in the last decade. “He found out that he was on the enemies list of the government, they seized his bank accounts, and he had to flee. He used zcash to protect his wealth. He talked to me years later and said,” You Americans don’t understand what Zcash means. Zcash is a way to have the rights of an American without being an American.”

EDIT:

The number of XMR transactions is only 5% of BTC transactions (but about 6 times more than ZEC).

EDIT2:

I used the Brave browser - the article was not locked.