Created by: Ben Crosland
Modified on: Thu, 30 May, 2019 at 12:17 PM
What is Zcash (ZEC)? Zcash (ZEC) is a privacy focused cryptocurrency that used cryptography to allow users to remain completely anonymous, enhanced privacy compared to other cryptocurrencies. ZEC is an open encrypted ledger and all transactions are encrypted. Additionally, ZEC is a separate asset with its own blockchain, and is not part of Ethereum like ERC20 tokens.
How does Zcash work? ZCash uses an advanced cryptographic technique known as ‘Zero-Knowledge Proof’ to guarantee the validity of transactions without revealing additional information.
Did you find it helpful?
Sorry we couldn't be helpful. Help us improve this article with your feedback.