What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs
Zcash is a privacy-focused cryptocurrency that offers transactions where key details such as sender, recipient, and amount can remain hidden, using a technology known as zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge). Developed by the Electric Coin Company and launched in 2016, Zcash allows users the choice between transparent transactions similar to Bitcoin and fully shielded transactions that enhance privacy. This dual feature aids Zcash in maintaining listings on major exchanges despite privacy coins facing regulatory scrutiny. In 2025, Zcash faces significant developments, including its third halving, a new development funding model, and a software migration impacting its cryptography and user experience. Through these changes, Zcash aims to navigate the increasingly regulatory landscape around privacy coins while continuing to facilitate private digital cash transactions.
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