Excuse me, could you kindly clarify which blockchain network Zcash, or ZEC, operates on? I'm interested in understanding the underlying technology that powers this privacy-focused
cryptocurrency. It's crucial to know the specifics of the chain, as it can impact transaction speeds, scalability, and overall security. Thank you for your assistance in clarifying this matter.
5 answers
CryptoLordess
Mon Jul 01 2024
The Zcash protocol serves as the foundational rules for the Zcash blockchain network, an interconnected global system of devices.
CryptoKing
Mon Jul 01 2024
This network functions collaboratively to authenticate transactions and preserve the integrity of the Zcash ledger.
Lorenzo
Mon Jul 01 2024
ZEC, pronounced "zek," serves as the currency unit within this network. It represents the digital coin utilized for transactions and value exchange.
ShintoMystical
Mon Jul 01 2024
The Zcash blockchain network, governed by the Zcash protocol, aims to provide users with privacy-enhancing features for their transactions.
Tommaso
Sun Jun 30 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services related to digital currencies. Among its offerings are spot trading, futures contracts, and wallet services.