← ProtoLedger Index
Zcash
ZECUNCALIBRATED — awaiting v4 re-assessment
Monetary Fitness
5.00
/ 10
System Soundness
4.44
/ 10
A1 < 7
Not money-in-use
B1/B2 < 7
Not a sound system
Layer A — Monetary Fitness 5.00
A1Acceptability & Liquidity
6/10
Assessed 2026-09-14 · Tier 2 evidence · source ↗
A2Value Stability
2/10
Assessed 2026-09-14 · Tier 2 evidence · source ↗
A3Usability & Safety
UNCALIBRATED
5/10
A4Portability & Divisibility
5/10
Assessed 2026-09-14 · Tier 2 evidence · source ↗
A5Fungibility
4/10
Assessed 2026-09-14 · Tier 2 evidence · source ↗
A6Recognizability
UNCALIBRATED
7/10
A7Cost Efficiency & Capacity
6/10
Assessed 2026-09-14 · Tier 2 evidence · source ↗
Layer B — System Soundness 4.44
B1Supply Integrity
1/10
Assessed 2026-09-14 · Tier 1 evidence · source ↗
B2Settlement Assurance
UNCALIBRATED
8/10
B3Resilience, Liveness & Capacity
5/10
Assessed 2026-09-14 · Tier 2 evidence · source ↗
B4No Single Point of Control
3/10
Assessed 2026-09-14 · Tier 2 evidence · source ↗
B5Rule Auditability
6/10
Assessed 2026-09-14 · Tier 2 evidence · source ↗
B6Forward Security Margin
UNCALIBRATED
5/10
B7No Invisible Rent
5/10
Assessed 2026-09-14 · Tier 3 evidence · source ↗
B8Capture-Resistant Rule-Change
2/10
Assessed 2026-09-14 · Tier 2 evidence · source ↗
B9Resource Proportionality
UNCALIBRATED
5/10
B10Claim Enforceability
N/A
Layer C — Disclosures
Disclosed without scoring. These axes describe design choices, not quality.
Privacy Posture
Optional shielded (fungibility-grade)
Identity Model
Pseudonymous/anonymous
Issuance Ethic
Fixed cap
Consensus Cost
Proof-of-Work
Governance Model
Off-chain + foundation
Autonomy Accountability
High autonomy
Jurisdictional Posture
No issuing entity and no jurisdiction of issue: there is no party on whom process can be served to freeze, reverse or reissue a holder balance. Real exposure runs to the holder's own custodian, exchange or fiat ramp, not to an issuer.
Catastrophic Failure Modes
Irrecoverable key loss. Majority-hashpower attack and deep reorganisation. A soundness bug in the shielded pool permitting undetectable inflation, which is invisible precisely because the pool is shielded. Trusted-setup compromise for legacy pools. Quantum key recovery (B6 = 5).