What is the price of Zcash?

The price of Zcash has risen by 1.63% in the past 7 days. The price declined by 1.69% in the last 24 hours. In just the past hour, the price shrunk by 0.19%. The current price is $33.09 per ZEC. Zcash is 99.44% below the all time high of $5,941.80. The current circulating supply is 16,328,268.75 ZEC. This content is for informational purposes only.

What is Zcash (ZEC) & how does it work?

The Zcash network (ZEC), which was launched in 2016, aims to offer more privacy for transactions than Bitcoin does. With the help of a cryptographic technology called zk-SNARKS, Zcash provides users with the option to shield information about the sender, receiver and balance of a transaction. Zcash’s native token is referred to as lowercase zcash.

What is Zcash (zk-SNARK)?

ZCash is an altcoin, a category of cryptocurrency that shares many of the characteristics of Bitcoin. Many altcoins are different in their purpose and intended uses. Zk-Snark allows for fully shielded transactions in which the sender, recipient, and amount are encrypted.

Do Zcash transactions reveal addresses?

Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.