What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs

Zcash (ZEC) is a privacy-focused cryptocurrency that utilizes zero-knowledge proofs to enable secure and anonymous transactions. Launched in 2016, it allows users to send and receive funds without revealing their identities or transaction details. Zcash offers two types of addresses: transparent and shielded, with the latter providing enhanced privacy features. The coin has gained attention for its strong emphasis on user confidentiality and has been adopted by various platforms and services. Zcash continues to evolve, with ongoing developments aimed at improving its privacy technology and scalability.

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