"Zen is an end-to-end-encrypted system with zero-knowledge technology over which communications, data, or value can be securely transmitted and stored. It is an integration of revolutionary technologies that create a system over which innovation can accelerate by combining three functions that are traditionally done separately: 1) transactions 2) communication, and 3) competitive governance. This is done in a secure and anonymous manner, using a worldwide distributed blockchain and computing infrastructure. The system integrates multiple best-in-class technologies to form an open platform for permissionless innovation that can evolve with user preferences."
What we don't like:
ZenCash is looking to have a decentralized governance system, but they also implemented the ability for the core team to veto a proposal. Even though this may just be a precautionary measure to stop a destructive proposal, it still takes away the decentralized aspect.
What we like:
Operating a node only takes 42 Zen tokens, which means there will be lots of nodes to create a true secure network because the current price is affordable compared to other node based coins. Zen has everything that most privacy tokens have and more. Implementing governance as a service (a staple of Decred) combined with the features of other great privacy coins. Zen contains Zksnarks ( a shielding mechanism) because it is a fork of Zcash which is a fork of Zclassic, which is one of the best ways to shield transactions. Zen will also contain a way to shield messages with private communication, which helps aid transaction. The team is comprised of members who have experience in working at Bitshares, BlockPay, Cisco Systems and more. The advisory team is established as well, with Charles Hoskinson on the board who is the CEO of IOHK and currently behind Cardano, a valuable strategic partner to have. ZenCash is also looking to have a rebrand which could potentially bring a lot of excitement to the project.