Zcash is a blockchain similar to Bitcoin, but anonymous and not pseudonymous. When verifying transactions, there is the possibility of not passing on sensitive data. As with Bitcoin, all transactions that take place on the Zcash blockchain can be monitored. In contrast to Bitcoin, zCash annonymizes the actual sender and receiver address. In addition to anonymization, transactions can also be carried out transparently, which increases the possible number of transactions per second.
A common misperception about crypto is that all blockchains provide perfect anonymity. In practice, everyone leaves traces behind when using crypto. ZCash was founded by researchers who saw these anonymity problems as a fundamental flaw of Bitcoin, and have given cryptocurrency back its anonymity.
ZCash comes with drawbacks though. Because it is based on Bitcoin, a now arguably outdated technology, it is also slower and less planet friendly than newer blockchains. In addition, the creators pay themselves an automatic 20% of all new mined coins, which some think is unfair.
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Zcash is aon its own,uses to validate transactions,and is.Zcash does not support.
Interesting facts about Zcash
Here are some facts you may not already know about Zcash. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
When customers make transparent payments, more transactions can be processed per second.
Anonymity is guaranteed via zk-SNARK zero-knowledge proof technology.
Zcash allows its users to make payments anonymously.
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Zcash price and insights
See how much Zcash is worth and learn from other insightful metrics
-0% past 1 week
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Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members -
# Telegram members -
% of total supply circulating Very small
What’s the community like?
Community matters for projects like Zcash, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.