What is Zcash
Hello and welcome to cryptos monopoly, this is the 100x crypto series, and in this episode, I will teach you all you need to know about Zcash before investing a single penny in it, and at the end, I will show you my chart analysis of Zcash and also give my prediction about Zcash, so make sure you watch this video till the end.
00:00 – Introduction to Zcash
01:37 – What is Zcash?
03:16 – Working of Zcash | How Zcash works
03:55 – What is T address and Z address
04:10 – Types of Transactions in Zcash
04:20 – Public Transaction in Zcash
04:37 – Shielding Transaction in Zcash
04:56 – Deshielding Transaction in Zcash
05:16 – Private Transaction in Zcash
05:43 – Key features and capabilities of Zcash
06:53 – Features and possibility of Zcash
09:55 – Price prediction on Zcash
What is Zcash or ZEC?
Zcash is a cryptocurrency ranked #60 on coinmarketcap.com, with a total supply of 21 million, a circulating supply of 11.9 million, and a market cap of roughly $1.6 billion. It is one of the most promising tokens with a high level of anonymity and has a strong potential to burst in the near future as the crypto market grows.
When the Zcash team saw the need for anonymity, they established a new blockchain environment.
They carried two fundamental principles with them: decentralization (the process by which an organization distributes power and management to numerous local computers in their ecosystem) and privacy (we know what it is ).
Unlike most cryptocurrencies, which make every transaction data public, Zcash provides privacy and financial history protection. Zcash is a transparent and open currency that can be spent, sent, and received by a mobile phone, computer, or digital wallet.
#zcash #zcashcrypto #zcash
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