Zcash (ZEC)

ZEC

  • Price 24H3.14% $357.73

Number of casinos: 21

Cryptocurrency Summary

Zcash is a privacy-focused cryptocurrency that uses advanced cryptographic technology, specifically zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge), to provide secure and private transactions. Launched in 2016, Zcash allows users to conduct transactions without revealing sensitive information like sender, recipient, or transaction amount. It offers two types of transactions: transparent, similar to Bitcoin, where details are publicly visible, and shielded, where all transaction data is encrypted for enhanced privacy.Zcash’s unique features make it a valuable tool for users seeking financial privacy in an increasingly digital and surveillance-driven world. Over the years, the cryptocurrency has undergone several upgrades, such as the Sapling and Halo 2 updates, improving scalability and decentralization. Zcash's commitment to privacy, along with its adaptability and growing adoption, has helped it maintain a strong position in the competitive cryptocurrency market, making it a preferred choice for privacy-conscious individuals.
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