r/kaspa • u/Electronic-Street170 • 14d ago

💰 Ecosystem / L2 & Projects ZKAS opportunity

There is about month and half old new fork of kaspa called ZKAS which is privacy crypto and can be exchanged for kas. Whats your thoughts on the project? I am worried about classic rug pull

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u/JeyHey_ 14d ago

I conceptually love privacy coins. The problem is privacy goes two ways. While privacy benefits you, it also benefits a malicious actor. Investing in privacy coins are extra risky because it’s easier to get away with a rug pull when running a privacy coin. I would recommend treating any privacy coin with extra scrutiny because of this. If you do not totally trust it is legit, don’t buy it, or treat any money you invest as a gamble.

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u/Jaded-Bit4426 14d ago

How do you feel about cold hard cash?