Zcash image
74,116 users added to their watchlist

Zcash Trending Power, Community Score, Developer Score

Summary

ZCASH Price
$58.91
24 hours
-2.50%
7 days
-8.51%
Sentiment
58.33%
41.67%
Market Cap
$925M
Market Category
Community Score
Developer Score
VMR Score
% gains (ATH)

**Zcash: The Cryptocurrency That Values Privacy and Transparency** Zcash is a pioneering decentralized cryptocurrency that combines the benefits of both privacy and selective transparency, making it an exceptional choice for those who prioritize security in their digital financial transactions. Unlike traditional cryptocurrencies, Zcash allows users to keep the sender, recipient, and transaction amount confidential while still recording the transactions on a public blockchain. At the heart of Zcash’s innovative design is its commitment to robust security, reinforced by peer-reviewed cryptographic research and developed by a specialized team of engineers. Built on Bitcoin Core’s reliable codebase, Zcash enhances the original concept of digital currency with superior privacy features. Utilizing advanced cryptographic techniques, specifically zero-knowledge proofs, Zcash ensures that transactions can be validated without revealing sensitive information. **How Zcash Works: Privacy through zk-SNARK Technology** Zcash implements encrypted shielded transactions, allowing users to maintain their financial privacy. It employs a cutting-edge zero-knowledge proof system known as zk-SNARKs. This allows users to verify transaction integrity without disclosing who is involved or the amount being transferred. Essentially, it guarantees that all transactions are secure, while confirming that no party can manipulate or misrepresent their transaction data. Complementing its privacy features, Zcash also supports transparent transactions similar to Bitcoin, offering users the flexibility to choose between shielded and transparent addresses. This means that you can opt to send payments privately or disclose them as needed—making Zcash an adaptable cryptocurrency for various use cases. When sending Zcash from a shielded to a transparent address, the received balance becomes public, while the reverse protects the amount from public view. Explore the world of Zcash and see how this innovative cryptocurrency can enhance your transaction privacy while maintaining the power of a decentralized financial system. For a comprehensive overview, check out [CoinBureau's guide on Zcash](https://www.coinbureau.com/education/what-is-zcash/). Unlock the potential of Zcash—where privacy meets transparency.