Privacy coin $ZEC has started to rise since August 19, soaring more than 50% in just a few days and once breaking through a new high from nearly 8 years.
ZEC is derived from the original code from $BTC , but BTC’s transaction records are basically public. ZEC, on the other hand, lets users choose whether to disclose them. Behind it, the most important technology is zero-knowledge proofs—proving that a transaction is legitimate without revealing the transaction details.
And precisely because it has privacy features, it has long been stuck between regulation and institutional acceptance. As a result, this week Grayscale launched a U.S. ETF that tracks ZEC, ticker ZCSH. An asset that was originally seen as too difficult to regulate is now packaged into the traditional financial system—one of the catalysts for this rally.
In an era where blockchains are becoming more transparent and AI is becoming more powerful, privacy may once again turn into a valuable financial need.
ZEC is derived from the original code from $BTC , but BTC’s transaction records are basically public. ZEC, on the other hand, lets users choose whether to disclose them. Behind it, the most important technology is zero-knowledge proofs—proving that a transaction is legitimate without revealing the transaction details.
And precisely because it has privacy features, it has long been stuck between regulation and institutional acceptance. As a result, this week Grayscale launched a U.S. ETF that tracks ZEC, ticker ZCSH. An asset that was originally seen as too difficult to regulate is now packaged into the traditional financial system—one of the catalysts for this rally.
In an era where blockchains are becoming more transparent and AI is becoming more powerful, privacy may once again turn into a valuable financial need.