Zcash (ZEC) is a privacy-focused cryptocurrency that utilizes zero-knowledge proofs to enable anonymous transactions. It was created in 2016 by the Electric Coin Company and aims to provide users with enhanced privacy and security for their digital transactions. With a total supply of 21 million coins, similar to Bitcoin, Zcash offers both transparent and private transaction options.
5 answers
CryptoPioneer
Fri Oct 25 2024
Zcash is a decentralized and open-source cryptocurrency designed with a focus on privacy and security.
DongdaemunTrendsetter
Fri Oct 25 2024
It provides users with the assurance that their financial history remains confidential.
SakuraBlooming
Fri Oct 25 2024
Transactions on the Zcash network can be processed swiftly and efficiently.
Elena
Fri Oct 25 2024
Zcash, denoted as ZEC, utilizes Bitcoin's original codebase as its foundation.
CryptoTamer
Thu Oct 24 2024
This means it inherits many of the technical features and strengths of Bitcoin.