$ZEC Zcash is a privacy-focused cryptocurrency launched in 2016. It uses advanced cryptography called zk-SNARKs to enable shielded transactions, allowing users to hide sender, receiver, and amount details. Unlike Bitcoin, Zcash offers optional privacy, making it attractive for users seeking confidentiality.
Fundamentally, ZEC has a fixed supply of 21 million coins, similar to Bitcoin, supporting scarcity value. Its development is backed by the Electric Coin Company and the Zcash Foundation. Key factors influencing price include regulatory stance on privacy coins, adoption growth, network upgrades, and overall crypto market sentiment.
#ZeusInCrypto #ZEC/USDT #TradeCryptosOnX #MarketRebound #USRetailSalesMissForecast 
ZEC
287.57
-0.24%