Zcash (ZEC) is a privacy and anonymity-focused decentralized cryptocurrency. Zcash provides both transparent and concealed transactions, improving on what Bitcoin originally offered to appeal to a more specific audience. Users may transmit entirely anonymous transactions to anybody using zk-SNARKS, a zero-knowledge proof that permits transaction validation without revealing information to the validator.
As more individuals use cryptocurrencies as viable currency alternatives, the ability to conduct anonymous transactions will become increasingly important in protecting users' spending patterns from watchful eyes. This is good news for Zcash and its investors, as it shares many of the same characteristics as Bitcoin but with more user-friendly features.
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