ZCash Price

ZCash is a privacy-focused cryptocurrency that enables confidential and selective disclosure of transaction details. Key features of ZEC include: • Shielded transactions using zero-knowledge proofs to encrypt sender, recipient, and amount information on the blockchain • Interoperable transparent and private addresses, allowing users to choose their desired level of privacy • Founded by cryptography experts from top institutions like MIT and Johns Hopkins University • Built on Bitcoin's codebase with privacy enhancements • Total supply capped at 21M ZEC coins • Currently ranked #25 by market cap at $297.78 • 24-hour trading volume of $11.98M • Circulating supply of 16.51M ZEC ZCash aims to provide the benefits of a public blockchain with optional privacy features. Its technology allows for auditable yet confidential transactions, making it suitable for both personal and business use cases requiring financial privacy. As of 2026-02-02, ZEC trades at $297.78 with a market cap of $4.91B.

ZCash was created on October 28, 2016. It was launched by the Electric Coin Company (formerly known as Zcash Company) as a privacy-focused cryptocurrency built on Bitcoin's codebase. ZCash aims to provide enhanced privacy for users through its innovative use of zero-knowledge cryptography. The genesis block was mined on October 28, 2016, marking the official birth of the ZCash network and the beginning of ZEC mining and transactions.

The founders of ZCash are a team of world-renowned scientists and cryptographers from prestigious institutions like MIT and Johns Hopkins University. The project was initiated by Zooko Wilcox-O'Hearn, who serves as the CEO of Electric Coin Company (ECC), the company behind ZCash. Other key founders include Matthew Green, a cryptography professor at Johns Hopkins, and Eli Ben-Sasson, a professor at Technion. The founding team aimed to create a privacy-focused cryptocurrency that improves upon Bitcoin's design by implementing zero-knowledge proofs. ZCash was officially launched on October 28, 2016, bringing their vision of private and fungible digital cash to life.

ZCash works as a privacy-focused cryptocurrency that uses advanced cryptography to protect user privacy. Here are the key aspects of how it operates: 1. Zero-knowledge proofs: ZCash utilizes zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) to enable fully encrypted transactions while still maintaining a public blockchain. 2. Shielded and transparent addresses: Users can choose between shielded (private) addresses starting with 'z' and transparent addresses starting with 't'. Shielded addresses offer full privacy protection. 3. Selective disclosure: Users have the option to share transaction details with trusted parties using viewing keys, allowing for auditing and compliance when needed. 4. Mining: New ZEC coins are created through a proof-of-work mining process, similar to Bitcoin. 5. Limited supply: The total supply of ZEC is capped at 21M ZEC, mirroring Bitcoin's scarcity model. 6. Interoperability: Funds can be transferred between shielded and transparent addresses, giving users flexibility in managing their privacy. 7. Regular upgrades: The ZCash protocol undergoes periodic upgrades to enhance privacy features and overall functionality. As of 2026-02-02, ZCash is ranked 25 with a price of $297.78 and a market cap of $4.91B.

ZCash utilizes a unique technical architecture that combines privacy-preserving zero-knowledge proofs with a blockchain structure. Key components include: 1. zk-SNARKs: Zero-knowledge Succinct Non-Interactive Arguments of Knowledge allow transactions to be fully encrypted while still being verifiable on the blockchain. 2. Shielded and transparent addresses: Users can choose between private 'z-addresses' that use zk-SNARKs or public 't-addresses' similar to Bitcoin. 3. Equihash proof-of-work algorithm: Designed to be ASIC-resistant to promote decentralized mining. 4. Sapling upgrade: Improved the efficiency and reduced the memory requirements for generating zk-SNARKs. 5. Selective disclosure: Users can share viewing keys to reveal transaction details for auditing purposes. 6. Encrypted memo field: Allows attaching private messages to transactions. This architecture enables ZCash to offer optional privacy and transparency on the same blockchain, providing users with flexibility while maintaining strong security and verifiability.

The future of ZCash looks promising with ongoing development and improvements. The roadmap focuses on enhancing privacy, scalability, and usability. Key upcoming milestones include: - 2027: Implementation of advanced zero-knowledge proof systems to further strengthen privacy protections - 2028: Launch of layer-2 scaling solutions to increase transaction throughput and reduce fees - 2031: Integration with decentralized finance (DeFi) protocols to expand use cases Long-term price predictions suggest potential growth: - $334.68 by 2027 - $351.62 by 2028 - $425 by 2031 The ZCash team remains committed to its core mission of providing financial privacy. With ongoing technical innovations and growing adoption, ZEC aims to become a leading privacy-focused cryptocurrency in the coming years.