Zcash is a privacy-focused cryptocurrency that uses trustless zero-knowledge proofs to enable fully encrypted transactions while maintaining blockchain transparency and security. It was the first cryptocurrency to implement zero-knowledge encryption for private peer-to-peer payments, addressing the fundamental privacy gap in traditional cryptocurrencies that expose transaction details publicly.
With a fixed supply of 21 million ZEC and a halving schedule similar to Bitcoin, Zcash allows users to prove transactions are valid without revealing sensitive information like wallet balances, transaction amounts, or participant identities, making it suitable for everyday payments, long-term savings, and cross-border money transfers where financial confidentiality matters.
The protocol operates on its own blockchain currently using Proof-of-Work consensus, though it's evolving toward Proof-of-Stake through the planned "Crosslink" upgrade to enhance security, scalability, and energy efficiency. Zcash employs trustless zero-knowledge proofs (Halo) within its Orchard shielded pool to verify transactions without revealing sender, receiver, or amount information.
Users can choose between transparent public transactions and shielded private transactions through Unified Addresses, which work with both types. The network is faster and cheaper than Bitcoin, with new blocks mined every 75 seconds and transaction fees typically just a fraction of a cent. Privacy adoption has surged in 2025, with over 30% of total ZEC supply now held in fully shielded pools.
Zcash was created by a group of scientists in 2013 who initially proposed Zerocoin as a privacy extension to Bitcoin before building a standalone protocol. The ecosystem operates with a self-funded development model where block rewards support independent teams through the Zcash Community Grants Committee and a new Coinholder-Controlled Fund.
Where is Zcash available for purchase?
You can exchange ZEC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Zcash is Binance, notably the ZEC/USDT pair, which saw a trading volume of $ 330,64 MLN. in the past day. Additionally, Coinbase Exchange and XT.COM are popular alternatives for trading tokens.
What is the highest value Zcash (ZEC) has ever reached?
Zcash (ZEC) reached its peak price at 3,191.93 $ on 29 October 2016, approximately 9 years ago ago. Presently, the current price is -88.95% lower than this all-time high.
What is the historical minimum price for Zcash (ZEC)?
The minimum price reached for Zcash (ZEC) was 16.08 $, documented on 05 July 2024, more than a year ago. In comparison, the current price is 2,093.15%, it above this historical low.
What is the fully diluted valuation of Zcash (ZEC)?
The fully diluted valuation (FDV) of Zcash (ZEC) stands at $ 5,84 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 21,000,000 ZEC tokens. The realization of this FDV might take several years depending on the emission schedule of ZEC tokens.