Zcash (ZEC) is a decentralized, open-source blockchain platform focused on privacy and security.$ZEC
Key Features:
1. Private Transactions: Zcash uses zero-knowledge proofs (zk-SNARKs) to conceal transaction details.
2. Selective Disclosure: Users can choose to reveal transaction information.
3. Shielded Transactions: Conceals sender, recipient, and amount.
4. Transparent Transactions: Optional transparent transactions for auditing.
5. Governance: ZEC holders participate in governance decisions.
Token Details:
1. Symbol: ZEC
2. Total Supply: 21 million ZEC
3. Circulating Supply: approximately 14.4 million ZEC
4. Blockchain: Zcash (native)
5. Consensus Algorithm: Proof-of-Work (Equihash)
Current Status:
1. Price: around $65
2. 24-hour Trading Volume: $200 million
3. Market Capitalization: around $930 million
4. Ranking: #40 on CoinMarketCap
Exchanges:
1. Binance