Zcash
ZECZcash (ZEC)
Zcash is a privacy-focused cryptocurrency that offers optional transaction shielding. Users can send transparent transactions (like Bitcoin) or shielded transactions that hide sender, receiver, and amount using zero-knowledge proofs.
Zcash uses zk-SNARKs for privacy. It has a fixed supply of 21 million coins and uses Proof of Work (Equihash). Zcash enables financial privacy while allowing regulatory compliance through selective disclosure.
Key Facts
- Symbol: ZEC
- Max supply: 21 million
- Consensus: Proof of Work
- Use cases: Privacy-preserving payments
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