Hello, traders ! In this video we will talk about Zcash. Is it worth to buy it in 2023? What forecasts do the world exchanges give? And how to make money for everyone?
Zcash allow a user to share some details of the transaction, for compliance or auditing purposes .
Zcash also enables transparent transactions, which are fully interoperable with shielded addresses.
The Zcash addresses are private (z-addresses) or transparent (t-addresses). Private z addresses start with a “z” and transparent t addresses start with a “t”. “Between these two types of addresses, there are four types of transactions.
Zcash is the first widespread application of zk-SNARKs, a new form of zero-knowledge cryptography. It can be fully encrypted on the blockchain, but still be verified as valid under network consensus rules by using tests zk-SNARK.
The acronym zk-SNARK stands for “Zero-knowledge, non-interactive, succinct knowledge argument” and refers to a test construct where you can test the possession of certain information, a secret key, without revealing that information, and without any interaction between the tester and the verifier.
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