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Cryptocurrency News Articles

Zcash Rises 11%, Monero Remains Stable—BlockDAG's Beta Testnet Spreads Like Wildfire, Hitting 110K Wallets

Apr 02, 2025 at 08:00 am

Discover how BlockDAG's Beta Testnet scales with 110,000 wallet contracts and how Monero and Zcash prioritize user privacy.

Zcash Rises 11%, Monero Remains Stable—BlockDAG's Beta Testnet Spreads Like Wildfire, Hitting 110K Wallets

Privacy in cryptocurrency is a subject that has come to the forefront as blockchain technology continues to develop. Monero and Zcash are two cryptocurrencies that are well-known for their privacy-enhancing features.

Monero, in particular, is known for prioritizing the anonymity of user transactions and aiming to keep them fundamentally untraceable. It does this through technologies like Ring Signatures, Stealth Addresses, and Ring Confidential Transactions (RingCT). These features ensure that the details of transactions are veiled from view, contrasting sharply with blockchains where coins move openly and account balances are visible.

Zcash, on the other hand, offers a choice between transparent or shielded transactions, the latter being private transactions that are nevertheless compliant with regulatory requirements. This flexibility sets it apart from completely private networks.

Both cryptocurrencies have faced unique challenges in recent times. Monero has shown resilience in the face of market volatility. It’s had a slower growth trajectory than more volatile coins, perhaps indicating a preference for stability in the volatile market environment. As of March 29, 2025, XMR is trading at around $180, showcasing a 20% rise from $150 in March 2024.

Zcash, however, has seen more significant price changes over the last year. After peaking at $79.91 on December 2, 2024, it fell 35% to $25 in February 2025. It then recovered to $36.26 on March 26, 2025, exhibiting an increase of 11.46% in just 24 hours. This volatility reflects the dynamic nature of privacy-oriented cryptocurrencies and highlights Zcash’s efforts to enhance privacy while expanding its user base.

But while Monero and Zcash are known for their privacy capabilities, they are also still testing the limits of scalability and adoption. Another cryptocurrency that is exploring the implications of privacy-centric capabilities in real-world scenarios is BlockDAG.

BlockDAG Reaches 110K Wallets in Beta Testnet 'Primordial'

The Primordial Beta Testnet of BlockDAG is currently performing a large-scale stress test by integrating more than 110,000 wallets into batch vesting contracts. This move is examining the technical feasibility and scalability of smart contracts for use cases that demand automated, secure, and uniform token distribution at a massive scale, such as in financial platforms.

The stress test is examining in detail how the vesting process will work. Each selected wallet is set to receive 10,000 testnet coins in four phases: 40% immediately and 20% each week for the next three weeks. These transactions are being executed by BlockDAG's Vesting Smart Contract, ensuring that the disbursement of tokens is transparent and proceeds exactly as programmed.

Wallet owners are also able to track their locked and available balances via an integrated dApp, allowing for complete oversight without any need for manual handling or intervention.

This deployment is part of BlockDAG's broader strategy to test its technology in preparation for its mainnet launch. The platform is currently in the 27th batch of its ongoing crypto presale, which has already raised $210 million.

Having sold more than 19 billion coins with a 2,380% ROI since the first batch, and its community growing steadily, BlockDAG is showcasing its technical readiness for further growth. It is also highlighting the trust that its users have in the platform.

Evaluating Privacy at Scale in Crypto

As privacy technology in cryptocurrency advances, the real test lies in its performance when subjected to extensive operational conditions. Monero and Zcash are both renowned for providing anonymity, but they face hurdles in adoption, adaptability, and processing capacity. BlockDAG, a newer entrant in the cryptocurrency scene, appears to be actively working to overcome these challenges with its Primordial Beta Testnet.

Having already integrated over 110,000 wallets into active vesting contracts, BlockDAG isn't merely experimenting with privacy norms; it's implementing them in intricate systems designed for widespread use. In an industry where theoretical claims are common but practical validation is less frequent, BlockDAG is showcasing that privacy can coexist with scalability in a functioning ecosystem.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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