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🔐 What is Zcash (ZEC)?
Zcash is a cryptocurrency created in 2016 with the goal of enabling private transactions through an advanced type of cryptography called zero-knowledge proofs (zk-SNARKs).
Unlike Bitcoin, where all transactions are public, Zcash allows for two types:
Transparent transactions (t-addresses): similar to Bitcoin, visible on the chain.
Private transactions (z-addresses): hide the sender, receiver, and amount.
⭐ Main features
Optional privacy: The user chooses whether to have total privacy or transparency.
zk-SNARKs technology: allows verifying transactions without revealing sensitive information.
Regulatory approach: even though it is private, it supports selective audits if the user decides to reveal them.
Decentralized and open source.
🧩 What is it used for?
Private payments.
Protection of financial information.
Use in blockchain protocols that require advanced privacy.
⚙️ Mining
Zcash uses the Equihash algorithm, designed to be resistant to ASICs in its early days, although today there are ASICs available to mine it.
If you want, I can give you:
Its complete history
Comparison with Monero or other private cryptocurrencies
How zk-SNARKs work technically
How to buy or store ZEC securely
What part would you like to know about
