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 […]
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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 […]
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The launch may affect adoption and competitive positioning for Crypto; usage evidence is the next signal to watch.
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