ZEC

Zcash price
ZEC
#95

$73.12  

24.33% (1d)

Zcash to USD Chart

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Zcash statistics

Market cap
$1.19B

24.33%

Volume (24h)
$275.62M

121.08%

FDV
$1.54B
Vol/Mkt Cap (24h)
23.08%
Total supply
16.33M ZEC
Max. supply
21M ZEC
Circulating supply
16.33M ZEC
77.75366071428572%
ZEC to USD converter
ZEC
USD
Price performance
24h 
Low
$57.51
High
$76.61
All-time high
Oct 29, 2016 (8 years ago)
$5,941.80
-98.77%
All-time low
Jul 05, 2024 (5 months ago)
$15.97
+357.89%
See historical data


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About Zcash

What Is Zcash (ZEC)?

Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.

Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous; while they do not explicitly reveal the identities of their users, each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics.

Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.

Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase.

Who Are the Founders of Zcash?

What Makes Zcash Unique?

How Many Zcash (ZEC) Coins Are There in Circulation?

How Is the Zcash Network Secured?

Where Can You Buy Zcash (ZEC)?

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