Cryptocurrency Q&A
What coin is ZCash?
What coin is ZCash?
Elena
Thu Nov 14 2024
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7 answers
1517
ZCash, also known as Zcoin, is a privacy-focused cryptocurrency that was launched in 2016. It is based on Bitcoin's codebase but includes additional features such as zero-knowledge proofs to provide anonymity and privacy to its users. With a fixed supply of 21 million coins, ZCash allows transactions to be either transparent or shielded, giving users the option to disclose information selectively.
7 answers
SeoulSoul
Sat Nov 16 2024
ZCash represents a significant divergence from the Bitcoin blockchain.
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HallyuHeroine
Sat Nov 16 2024
It is characterized by a unique hashing algorithm that sets it apart.
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CryptoQueen
Sat Nov 16 2024
The algorithm contributes to its enhanced security measures.
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SumoHonorable
Fri Nov 15 2024
ZCash also boasts advanced security protocols that further solidify its defenses.
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GeishaCharm
Fri Nov 15 2024
Unlike Bitcoin, ZCash offers a higher degree of anonymity.
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