Zcash
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 Zcash logo | |
| Unit | |
|---|---|
| Symbol | ZEC |
| Demographics | |
| Date of introduction | 28 October 2016 |
| User(s) | Worldwide |
| Issuance | |
| Administration | Decentralized[note 1] |
| Valuation | |
| Supply growth | edit |
Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private. The underlying technology is developed by the
Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase. Our improvement over Bitcoin is the addition of privacy. Zcash uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them.
See also
Notes
- ^ Bitcoin does not have a central authority.[1]
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