1. What is Zcash?
• Zcash is a privacy-focused cryptocurrency that launched in October 2016. 
• Its native token is ZEC. The protocol (the network + rules) is “Zcash” and the token is “ZEC”. 
• It is built from the codebase of Bitcoin (a fork) but adds optional privacy features. 
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2. What makes Zcash different / key features
• Optional privacy: Unlike many coins which are either fully transparent or fully private, Zcash lets you choose between “transparent” and “shielded” transactions. With shielded transactions, sender, receiver and amount can be encrypted. 
• Zero-knowledge proofs (zk-SNARKs): The technology enabling shielded transactions is zero-knowledge proofs (specifically zk-SNARKs) allowing one party to prove something (like “I have the funds and the right to spend them”) without revealing the actual details. 
• Fixed supply / scarcity: Zcash has a maximum supply of 21 million ZEC, similar to Bitcoin’s 21 million cap.#ADPJobsSurge #zec
• Zcash is a privacy-focused cryptocurrency that launched in October 2016. 
• Its native token is ZEC. The protocol (the network + rules) is “Zcash” and the token is “ZEC”. 
• It is built from the codebase of Bitcoin (a fork) but adds optional privacy features. 
⸻
2. What makes Zcash different / key features
• Optional privacy: Unlike many coins which are either fully transparent or fully private, Zcash lets you choose between “transparent” and “shielded” transactions. With shielded transactions, sender, receiver and amount can be encrypted. 
• Zero-knowledge proofs (zk-SNARKs): The technology enabling shielded transactions is zero-knowledge proofs (specifically zk-SNARKs) allowing one party to prove something (like “I have the funds and the right to spend them”) without revealing the actual details. 
• Fixed supply / scarcity: Zcash has a maximum supply of 21 million ZEC, similar to Bitcoin’s 21 million cap.#ADPJobsSurge #zec