Zcash (ZEC)

Zcash is a decentralized, open-source cryptocurrency network designed to provide optional financial privacy through zero-knowledge cryptography.

Launched in 2016, Zcash introduced shielded transactions using zk-SNARKs, allowing transaction details to remain private while enabling the network to verify that transactions are valid.

Zcash uses Proof of Work with the Equihash algorithm to secure its blockchain. The network has a fixed maximum supply of 21 million ZEC, matching Bitcoin's maximum supply.

Users can choose between transparent and shielded transaction types depending on their privacy requirements. The project continues to develop zero-knowledge technology and privacy-preserving digital payment infrastructure.

Zcash has become one of the most established privacy-focused cryptocurrency networks and remains an important project in the development of zero-knowledge-based financial applications.