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via Decrypt · By Decrypt Editorial
What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs
ZEC
ZEC/USDT
$468.26
+0.59%
$468.26
+0.59%
(24s)24h Volume
$515,431,339.46
24h H/L
$474.79 / $451.75
Change: $23.04 (5.10%)
Funding Rate
-0.0035%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(04:43 PM UTC)
1 min read
In brief
- Created in response to Bitcoin’s perceived limitations, Zcash offers transactional privacy with zk-SNARK tech.
- Like Bitcoin, Zcash employs a proof-of-work consensus algorithm, but allows transactions to be either transparent or shielded.
- Following the disclosure of a vulnerability in its Orchard shielded pool, Zcash implemented the Ironwood upgrade in July 2026 to transition to a new…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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