ZE

Zcash

ZEC
PrivacyRank #67Zcash

$212.72

+1.79%24h
+1.16%7d

Market Cap

$3.54B

Volume 24h

$329.19M

Vol / Market Cap

9.31%

Rank

#67

ZEC Price Chart

About Zcash

Zcash is a privacy-focused cryptocurrency enabling shielded and anonymous transactions.

Zcash is a privacy-focused cryptocurrency that enables shielded transactions, protecting user identities and transaction details.

How It Works

A privacy-focused cryptocurrency that uses "Zero-Knowledge Proofs" (zk-SNARKs). It allows users to choose between "transparent" transactions (publicly visible) and "shielded" transactions (completely private and hidden).

Use Cases

Private Financial Auditing: Used for selective transparency in payments, allowing users to keep their data private or share a "view key" with auditors when necessary.

Tokenomics

Private Financial Auditing: Uses zk-SNARKs for optional privacy. Used for "Shielded" transactions where the user can choose to reveal their data only to specific parties (like tax authorities) using a "view key."

Risks & Considerations

Lower privacy features than competitors make it a target for regulators without the benefit of full anonymity.

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