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via Decrypt · By Decrypt Editorial

What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs

ZEC

ZEC/USDT

$453.19

-0.46%

$453.19

-0.46%

(24s)

24h Volume

$431,138,905.08

24h H/L

$466.93 / $451.67

Change: $15.26 (3.38%)

Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$454.88

▼ -1.59%

Volume (24h): -

Resistance Levels

Resistance 3$576.9058

Resistance 2$505.8302

Resistance 1$470.2911

Price$454.88

Support 1$449.3733

Support 2$422.0725

Support 3$392.0498

Pivot (PP):$457.7433

Trend:Sideways

RSI (14):51.7

Decrypt Editorial

(05:13 PM UTC)

1 min read

Approved byMichael Roberts

1444 views

0 comments

In brief

Created in response to Bitcoin’s perceived limitations, Zcash offers privacy with zk-SNARK tech.
Like Bitcoin, Zcash employs a proof-of-work consensus algorithm, but allows transactions to be either transparent or shielded.
A decade on from its creation, Zcash is one of the privacy coins fighting for private, and decentralized payments.

For many years, Bitcoin was used to buy drugs…

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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Source

Decrypt Editorial · Decrypt

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