Zcash

Zcash

(ZEC)
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About Zcash

Zcash is a decentralized blockchain network focused on privacy and transaction anonymity. While many believe cryptocurrency transactions to be anonymous, the truth is that they are pseudonymous meaning that the wallet addresses can be traced back to users should you know their identity or through blockchain forensics.

Zcash on the other hand allows users to remain anonymous through zk-SNARK zero-knowledge proof technology that allows nodes to verify transactions without revealing any sensitive information. Users on the network have the option of sending transparent or shielded transactions.

Zcash was first developed by a John Hopkins professor and his students before being taken over by the for-profit Zcash Company. The first ZEC was mined in 2016, after which both the demand and price increased dramatically, reaching its all time high of $5,941.80 in a matter of days. The price corrected and has not traded above $1,000 since then. Hard forked off of the Bitcoin network, Zcash maintained the maximum supply of 21 million coins. See the chart above depicting the ZEC price data and use the Buy button to start trading.

Key Statistics

Ranking

59

24H Volume

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Circulating Supply

ZEC 12.74m

Market Cap

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