$ZEC
ZECUSDT
Perp.
451.62
+9.58%
Zcash ($ZEC ) is one of the oldest and most established privacy-focused cryptocurrencies in the space, launched in October 2016 as a code derivative of Bitcoin (Silfversten et al., 2020). It operates on a decentralized, peer-to-peer network utilizing an unspent transaction output (UTXO) protocol similar to Bitcoin's structural foundation (Liu et al., 2022; Zhang et al., 2020).