What blockchain does ZCash use?
ZCash, a privacy-focused cryptocurrency, utilizes a blockchain that enhances the privacy features of Bitcoin. It implements the "Zerocash" protocol, offering transactions with concealed sender, receiver, and amount through advanced cryptographic techniques like zk-SNARKs.
What coin is ZCash?
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.
Why is Zcash going down?
I've been observing the cryptocurrency market recently and noticed that Zcash has been experiencing a significant downward trend. I'm curious to understand the reasons behind this decline.
What is Zcash used for?
I've been hearing about Zcash recently and I'm curious to know more about it. Specifically, I want to understand what Zcash is used for. Can someone explain its main purposes and applications?
What is the value of 1 Zcash?
I want to know the current value or price of 1 Zcash. Please provide me with the information regarding the worth of 1 Zcash in the market.