ZEC (Zcash) is a cryptocurrency token associated with the Zcash platform, a decentralized, open-source blockchain focused on privacy and security.$ZEC
Key Features:
1. Private Transactions: Zcash uses zero-knowledge proofs (zk-SNARKs) to enable private transactions.
2. Shielded Addresses: ZEC holders can use shielded addresses for enhanced privacy.
3. Governance: ZEC holders participate in platform decisions.
4. Mining: ZEC is mineable through Proof of Work (PoW) consensus.
Token Details:
1. Symbol: ZEC
2. Total Supply: 21 million ZEC (capped)
3. Circulating Supply: approximately 12 million ZEC
4. Blockchain: Zcash
Current Status:
1. Price: around $100
2. 24-hour Trading Volume: $50 million
3. Market Capitalization: around $1.2 billion
4. Ranking: #40 on CoinMarketCap
Exchanges:
1. Binance
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