Let’s say you want to start trading ZEC? Well, you would probably need a Zcash price calculator that you can luckily find on our DC Forecasts website.
Our Zcash price calculator is there to help you in your daily trading activities. If you want to calculate or convert your ZEC coins, you should use our Zcash price calculator as an utmost accurate and precise tool. Our calculator is designed to compare the value of the coins to another fiat currency of your choice and what’s best about it is that it is free. The calculator is simple, intuitive, and super fast, and doesn’t require any sign-ups, memberships, or payments. It is an essential tool for novice traders but it is helpful for the more experienced ones as well. Since it is located on our website, you won’t need to make a special account so you can compare the value of ZEC to another fiat currency.
Zcash is an amazing cryptocurrency that is built as a decentralized blockchain that provides high levels of anonymity for the users and their transactions and it is similar to other crypto assets like BTC in a lot of ways especially in its open-source features but does have plenty of differences that lie in the zone of privacy and fungibility. Zcash was founded by Zooko Wilcox O’Hearn back in 2016 and his aim was to address the open financial system with the privacy feature that users want. The crypto wants to maintain the same structure as BTC but offers a much higher degree of privacy.
Zcash employs a special cryptographic tool named Zero-Knowledge Proof which allows users to engage in transactions without the parties having to reveal their identity or their addresses. This tool makes the transactions untraceable on the blockchain as it simply obfuscates the address of the parties by also hiding the amount of the parties that they sent to each other. This way, the addresses ger recorded on the blockchain but they are hidden so no one can trace the ways the funds are moving. Zcash works nothing like BTC or any other blockchain thanks to the Zero-knowledge proof protocol.
ZKP offers a high level of fungibility given that the party involved in the transaction is not wary of the identity of the other party so the payment history cannot reject the coin payment from the other side.
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