Zcash Revolutionizes Blockchain Privacy with Zero-Knowledge Proofs

Zcash is a decentralized and open-source cryptocurrency network that offers users real blockchain privacy. Unlike Bitcoin, where every transaction is permanently public, Zcash allows users to choose between transparent transactions and shielded transactions.

Transparent transactions work similarly to Bitcoin, with addresses and amounts visible on-chain. Shielded transactions, on the other hand, use cryptography to keep this information private. A zero-knowledge proof lets the network confirm a shielded transaction is valid without revealing any details.

Zcash uses a proof-of-work blockchain with the Equihash mining algorithm, similar to Bitcoin. However, Zcash has a maximum supply of 21 million ZEC, which is capped like Bitcoin's supply.