What is Zcash (ZEC)? How shielded transactions work
Zcash (ZEC) is a privacy coin and blockchain launched in 2016. It allows users to make both public and private transactions. The latter — called “shielded transactions” on the network — make use of zero-knowledge proofs called zk-SNARKs to verify payments without revealing the sender, recipient or amount. Zcash has emerged as one of the […]
What happened
Zcash (ZEC) is a privacy coin and blockchain launched in 2016. It allows users to make both public and private transactions. The latter — called “shielded transactions” on the network — make use of zero-knowledge proofs called zk-SNARKs to verify payments without revealing the sender, recipient or amount. Zcash has emerged as one of the […]
Why it matters
The launch may affect adoption and competitive positioning for Crypto; usage evidence is the next signal to watch.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- The BlockPrimary source · Supports · EN · 100%What is Zcash (ZEC)? How shielded transactions work ↗
Claims
- What is Zcash (ZEC)? How shielded transactions work Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
Market reaction is not yet available for this asset and time window.