What is Zcash (ZEC)

The development of Zcash (ZEC) was started in 2013 by Mathew Green a Johns Hopkins Profesor, along with his students.

The final development and release of Zcash was on Oct 28, 2016, by Electronic Coin Company (ECC). ECC was founded by an information security and cryptography expert, Zooko Wilcox-O’Hearn.

Zcash is a Crypto project that focuses on privacy and security. The majority of Crypto projects do not focus on privacy and are more open than anything. Every transaction you make is collected and shared on a Blockchain. Zcash is transparent just like other Crypto projects but they have made it so that if you want to shield certain transactions you can. This makes it so you can be anonymous if you would like to be.

How does Zcash work?

They say Zcash is the “HTTPS of Blockchains”. Zcash was the first blockchain to implement zk-SNARKs. zk-SNARKs is zero-knowledge cryptography that allows its users the highest security available in the blockchain world.

“Zero-knowledge proofs are a scientific breakthrough in the field of cryptography: they allow…