$420 Billion In Zcash Tracked By Arkham — Is This The End Of The Privacy Coin’s Core Promise?

Blockchain intelligence firm Arkham Intelligence has published research revealing that it has successfully labeled more than half of all Zcash transaction activity — attributing $420 billion in volume to known individuals and institutions — a finding that strikes at the core value proposition of a cryptocurrency explicitly designed to make financial transactions invisible. The research, published May 21 on Arkham’s intelligence platform, does not claim that Zcash’s underlying cryptography is bro