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Project Description
Zcash is the first blockchain system to use a zero-knowledge proof mechanism, providing full payment confidentiality while still being able to maintain a decentralized network using a public blockchain. Like Bitcoin, The total number of Zcash tokens (ZEC) is also 21 million, but zcash transactions automatically hide the sender, recipient and amount of all transactions on the blockchain. Only those with the view key can see the contents of the transaction. The user has full control and can provide the view secret key to others of their choice. Zcash is a branch of Bitcoin and retains the original mode of Bitcoin, modified based on the 0.11.2 version of the bitcoin code. Zcash wallet has two types of funds: transparent funds and private funds. Transparent funds are similar to Bitcoin funds. Private capital strengthens its privacy. Transactions involving private capital are confidential and unsearchable, while transactions between transparent capital and transparent capital are publicly available.
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