Zcash Cryptocurrency: Review and Features
Zcash ($ZEC ) is one of the leading private cryptocurrencies with an emphasis on transaction confidentiality:
1. Launched in 2016 by a team of developers led by Zuko Wilcox.
2. Based on the Zero Knowledge Proof (zk-SNARK) protocol.
3. Allows you to hide transaction details: sender, recipient and amount.
4. Has two types of addresses: transparent (t-addr) and protected (z-addr).
5. Uses the Equihash consensus algorithm, which is resistant to ASIC mining.
6. The maximum emission is limited to 21 million ZEC, like Bitcoin.
7. Supported by major exchanges and private coin wallets.
Zcash is considered one of the most secure and anonymous blockchains, providing a high level of privacy for users.
What do you think about this cryptocurrency?
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