Zcash ZEC	BUY Buy Zcash Buy on   Buy on   Buy on
	€393.04	9.21 % (24h)
	Marketcap
	€6,477,978,643
	Volume 24h
	€583,026,937

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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.