Zcash

zec

Zcash (ZEC) is an innovative Layer 1 (L1) cryptocurrency focused on providing enhanced privacy for peer-to-peer transactions. Launched in 2016 by Electric Coin Co. (Made in USA) and utilizing a Proof of Work (PoW) consensus mechanism, Zcash pioneered the use of zero-knowledge cryptography to enable fully private payments. Unlike transparent blockchains, Zcash allows users to send and receive ZEC with transaction details—sender, recipient, and amount—encrypted using zero-knowledge proofs (ZK). This end-to-end encryption ensures user privacy and financial fungibility, making ZEC a versatile digital asset for everyday payments and long-term savings. Zcash is also recognized as part of the Pantera Capital Portfolio and is included in the Coinbase 50 Index, highlighting its significant presence in the crypto landscape. The project maintains a self-funded development ecosystem dedicated to the continuous improvement of the Zcash protocol.

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