Zcash is a privacy-focused cryptocurrency that uses zero-knowledge proofs to shield transaction details while maintaining a public blockchain.
Launched in 2016, Zcash offers users the option of "shielded" transactions, which allow content to be encrypted using advanced cryptographic techniques. The Zcash network uses the Equihash algorithm and supports both transparent and shielded addresses.
• Privacy — Shielded transactions hide sender, recipient, and amount
• Selective disclosure — Users can share transaction details for auditing
• Decentralized — Open-source protocol with community governance
• Low fees — Efficient transaction processing