Question

What is Zcash?

Answer 1

Zcash is a decentralized cryptocurrency that offers privacy and selective transparency of transactions. It uses advanced cryptographic techniques to shield information about the sender, recipient, and amount of transactions. Zcash was launched in 2016 and aims to provide enhanced privacy features compared to other cryptocurrencies like Bitcoin.

Answer 2

Zcash is a decentralized and privacy-focused cryptocurrency that allows for shielded transactions, which use advanced cryptographic techniques to enhance privacy and security. It enables users to make transactions without revealing the sender, recipient, or transaction amount on the blockchain.