Zcash is the first blockchain system to use a zero-knowledge proof mechanism, which provides complete payment confidentiality while still being able to maintain a decentralized network using a public blockchain. The same as Bitcoin, the total amount of zcash tokens (zec) is also 21 million. The difference is that zcash transactions automatically hide the senders, recipients and amounts of all transactions on the blockchain. Only those with the viewing key can see the contents of the transaction. Users have complete control and can choose to provide viewing keys to others.
Zcash is a branch of Bitcoin, retaining the original model of Bitcoin and modified based on the Bitcoin version 0.11.2 code. There are two types of zcash wallet funds: transparent funds and private funds. Transparent funds are similar to Bitcoin funds; private funds enhance privacy, and transactions involving private funds are confidential and uninspectable. Transparent funds and transactions with transparent funds are publicly available and available for inspection. of. t-12/>t-13/>t-14/>t-15/>
