1. Zcash was born in 2016 – like a new kid who arrives wanting to show off.
2. It's a “fork” of Bitcoin – in other words, it took the Bitcoin recipe and added a different seasoning.
3. Uses zk-SNARKs – complicated name, but think of a secret kept like a mountain cheese recipe.
4. Privacy is the flagship – transactions can be transparent or protected, like a miner: talks a lot, but only what it wants.
5. The first halving happened in 2020 – they cut the reward in half, like dividing cheese on the table.
6. The second halving was in 2024 – once again they tightened their belts, like a miner saving firewood.
7. Started as Zerocash – then got a new name, like a city that changes its name but still has the same people.
8. Electric Coin Company takes care of the project – it's like the cooperative that keeps the farm running.
9. Direct competitor of Monero and Dash – competes like a horse riding party: everyone wants to be the most lively.
10. Allows optional auditing – if you want to show it, show it; if you don’t want to, stay quiet, like a miner keeping a secret.
11. Based on Proof-of-Work – works hard, like a farmer with a hoe.
12. The price has jumped significantly – there was a time it rose more than a balloon at a June festival.
13. It has trading pairs on various exchanges – it's circulating around the world, like miner cheese that even reaches France.
14. Focus is on security and anonymity – protects the user, like a closed gate that doesn’t let anyone in without permission.
In summary
- Zcash is a privacy coin, born from Bitcoin but wanted to be more reserved.
- Has advanced technology (zk-SNARKs) that ensures confidentiality, but also offers the option of transparency.
- It has gone through two halvings and continues strong in the business, competing with other privacy coins.
👉 So, if it were a miner, Zcash would be that quiet neighbor, whom nobody knows much about, but everyone respects because he works hard and keeps secrets better than a bank vault.
