ZEC Logo

Zcash ZEC

BUY

$391.67

2.87 % (24h)

Marketcap

$6,455,270,367

Volume 24h

$588,160,393


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Description

Zcash (ZEC) is a privacy-focused cryptocurrency launched in 2016.

It offers users the option of "shielded" transactions, which allow for fully anonymous transactions by hiding the sender, receiver, and transaction amount.

Zcash uses a cryptographic technique called zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge) to enable this level of privacy.

ZEC can also be used like Bitcoin for transparent transactions, giving users flexibility based on their privacy needs.