Zcash: Privacy-protecting digital currency
The first cryptocurrency to develop zero-knowledge encryption for private peer-to-peer payments. Use Zcash Learn Zcash Current price (USD) $ 0 Outstanding supply 0 M Shielded ZEC 0 M Payments 0 You…
Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but users have the option to shield transactions to keep the sender, recipient, and amount private. This is achieved through advanced cryptographic techniques, specifically zero-knowledge proofs, which allow transactions to be verified without revealing any sensitive information.
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Key Features of the Site
Privacy
Zcash offers the option for users to shield transactions, ensuring the privacy of the sender, recipient, and amount.
Selective Transparency
Users can choose to make transactions transparent for compliance or audit purposes.
Decentralized
Zcash operates on a decentralized network, free from central authority control.
Open Source
The Zcash protocol and software are open source, allowing for transparency and community involvement.
Zero-Knowledge Proofs
Utilizes advanced cryptographic techniques to verify transactions without revealing sensitive information.
Mining
Zcash can be mined, offering an incentive for users to contribute to the network's security and transaction verification.
Wallet Support
Supports a variety of wallets for storing, sending, and receiving Zcash.
Community Governance
Zcash has a governance model that involves its community in decision-making processes.
Scalability
Zcash is designed to handle a large number of transactions efficiently.
Interoperability
Zcash aims to be interoperable with other blockchains and financial systems.
Similar Sites and Competitors to z.cash
Additional information
Founders
Zcash was founded by Zooko Wilcox-O'Hearn and a team of scientists and engineers.
Technology
Zcash uses zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) to ensure transaction privacy.
Regulation
Zcash is designed to comply with global financial regulations, including anti-money laundering (AML) and know your customer (KYC) standards.
Community
Zcash has a vibrant and active community of developers, miners, and users who contribute to its development and adoption.
Development Fund
A portion of the mining rewards goes to a development fund to support ongoing research and development of the Zcash protocol.
Adoption
Zcash is accepted by a growing number of merchants and services worldwide, increasing its utility and value.
HTTP headers
Security headers report is a very important part of user data protection. Learn more about http headers for z.cash