Waterhole, a Bitcoin marketplace and escrow trading platform, is to implement Zcash mobile wallet and escrow trading. Both features are currently live, with all operations working in test mode with TAZ (test alpha Zcash) and will switch to ZEC, which are real Zcash coins, after the altcoin is launched today, Oct. 28. What is Waterhole? Watehole is a rapidly growing app developed by a team based in Tuspark, Beijing. The company has made quite an entrance to the scene earlier this year, promising to deliver solutions to many problems of Bitcoin trading and e-commerce security . The Waterhole mobile app allows its users to find local Bitcoin buyers and sellers and make instant OTC escrow deals with them. There are several layers of security in place such as ID, photo and video verification. In addition to offering Bitcoin trading, the app also features a decentralized marketplace similar to OpenBazaar, where users can list their own goods and sell them to interested parties. As claimed by the developers of Waterhole, an in-built chat feature, with end-to-end encryption and ability to send image and video files, provides a channel of communication, which is claimed to be more secure than that of the Telegram messaging app. All these features work in combination to make Waterhole one of the most secure and convenient cryptocurrency trading platforms currently in existence. TAZ – test coins Plans to add Zcash wallet and trading features were announced by the team of Waterhole back in September . Since then, these options were available in the app in test mode, with all transactions being conducted in TAZ, the tokens of the alpha testnet of Zcash. The users of Waterhole who feel enthusiastic about the new altcoin, were encouraged to create multiple accounts in the app in order to test […]
