Helius Co-founder: Privacy Mechanism Is the Foundation for Zcash to Become a Superior Monetary Asset

Odaily News: Helius co-founder Mert Mumtaz said that privacy is often seen as Zcash's ultimate goal, but its more important role is to help build a superior monetary asset.

Mert pointed out that internet-native currencies carry historical transaction information by default, which may affect the fungibility of the asset, while privacy mechanisms can free funds from the transaction history of previous holders, providing stronger fungibility and safe-haven properties for a store-of-value asset. He believes that combining this with quantum resistance and performance upgrades will further strengthen Zcash's capability as a monetary asset.