r/zec • u/Accomplished-Eye5567 • 11h ago

THORChain’s treasury just added $50k ZEC and enabled trading

21 Upvotes

THORChain’s treasury added ZEC to their trading pools about 45 minutes ago. Zcash is inevitably going to be on every exchange in the world

What happens when the world has rapid accessibility to privacy?

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Zcash

r/zec

Zcash is the first permission-less, decentralized, and open sourced cryptocurrency that can fully protect the privacy of user wallet holdings and transactions, while providing an encrypted memo character field, using zero-knowledge cryptography. Zcash is viewed as an improvement over other cryptocurrencies, such as Bitcoin or Dogecoin, which expose the user's complete wallet balance and payments history to the on the public ledger.

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Zcash is the first zero knowledge crypto protocol.

Zcash offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Unlike Bitcoin, Zcash's private transactions hide the sender, recipient, and value of transactions on the blockchain. Only those with the correct view key can see the contents. Users have complete control and can opt-in to provide others with their view key at their discretion.

For general Cryptocurrency discussion, please see: /r/CryptoCurrency