Based on Bitcoin technology, zero-knowledge proof technology is used to anonymize the source, destination, and amount of money transferred. The only thing that can be confirmed is the fact that coins have been transferred.
Because of the high level of anonymity, there is a concern that it could be used for criminal activities on the dark web.
ZCash is the most anonymizing virtual currency, since the transaction history of Dash and Monero is not known, but the quantity of coins traded and their addresses are made public.
The block generation size is 2.5 minutes.
ZCash has two types of addresses: transparent addresses starting with "t" and shielded addresses starting with "z." Transparent addresses function as addresses whose balances are disclosed, just like Bitcoin, while shielded addresses do not disclose addresses or balances. The transparent address functions as an address whose balance is disclosed, just like Bitcoin, while the shielded address does not disclose the address or balance.
ZCash uses a zero-knowledge proof method called zk-SNARKs to prove the legitimacy of transactions without revealing any information about the transaction.
ZCash can be purchased at YoBit and other stores.
Official website : https://z.cash/
Twitter : https://twitter.com/electriccoinco
Github : https://github.com/zcash/zcash
