Zcash (ZEC) News

With an aim to ensure complete anonymity of transaction for the user ZCash (ZEC) was launched into the market and it came out as a sigh of relief because most of the users were not sure about releasing their identity as they were afraid that they could be robbed. ZCash (ZEC) is like any other cryptocurrency, a peer to peer cryptocurrency with its priority set to make the transactions private, anonymous and untraceable by a third party. This is done with the help of a special cryptographic protocol which keeps the information of both the sender as well as the receiver completely private. The amount transferred between these two is not revealed making the transaction anonymous. This protocol is known as zkSNARK protocol which was developed with the sole purpose of maintaining privacy and anonymity. With a supply of over 21 million coins, ZCash (ZEC) is mined through an algorithm known as POW Equihash algorithm. The process of buying or exchanging ZCash (ZEC) is very easy and can be done through various platforms like Changelly and ShapeShift. You can also do the same with the help of other exchanges like Binance, Huobi, cex and many more.