Connect with us
Apply Now

Executive Voice

ZCASH (ZEC) – Promoting Privacy and Anonymity


ZCash (ZEC) Cryptocurrency is a decentralized cryptocurrency that is primarily focused on privacy and anonymity. It also uses the zk-SNARK zero-knowledge Proof of technology or POT that further allows the different nodes on the network to verify the transactions without revealing any sensitive information about those transactions.


Contrary to a common misunderstanding, the majority of different cryptocurrencies present in the market, including Bitcoin, are not anonymous but instead can be called pseudonymous. This is because they do not explicitly reveal the identities of their users. Still, each user has a public address or address that can be traced back to them with the help of different methods of data science and blockchain forensics.

Furthermore, the ZCash (ZEC) Cryptocurrency transactions still have to be relayed via a public blockchain. Still, unlike other pseudonymous cryptocurrencies, ZCash, by default, does not reveal any information, such as the sending and the receiving addresses or the amount being sent by one user to another. However, there is also an option to reveal the auditing or regulatory compliance data.


ZCash was released on October 28, 2016, for the first time and was initially based on the codebase of the popular cryptocurrency known as Bitcoin. ZCash (ZEC) Cryptocurrency was founded in 2016 by Cypherpunk, a computer security expert and entrepreneur Zooko Wilcox O’ Hearn. Additionally, he is the founder of the for-profit Electronic Coin Company (ECC), which manages the development of Zcash. Zooko Wilcox O’ Hearn has spent more than twenty-five years in information security and cryptography and has contributed to numerous projects, including the now-defunct electronic money firm DigiCash, the Tahoe Least Authority File Store filesystem, and peer to peer data storing software Mojo Nation. Zooko Wilcox O’ Hearn has also founded the Least Authority Enterprises. This technology company focuses on improving digital security and preserving the fundamental right to privacy and co-invention of the BLAKE3 cryptographic hash function.


The main advantage of the ZCash (ZEC) Cryptocurrency lies in its optional anonymity, as it allows for a level of privacy unattainable with regular and other pseudonymous cryptocurrencies present in the market, such as Ethereum and Bitcoin. Furthermore, the ZCash (ZEC) Cryptocurrency transactions can be sent in two ways- transparent and shielded. The transparent transactions work the same way as in Bitcoin, whose codebase ZCash (ZEC) Cryptocurrency was initially based on. They are sent between the public addresses and are recorded on an immutable public ledger, the blockchain. All the essential information about the transactions that happen here is available online for anyone to see, including the sending and the receiving addresses and the amounts sent. These public transactions do not overtly reveal the users’ identities; public addresses are the only identifiers an outside observer can access from this blockchain. However, the efforts of the data scientists as well as the law enforcement over the years, the different methods of blockchain analysis have been developed to the point where an interested party can easily, reasonably as well as reliably connect to a public address on a blockchain to the identity of real-world of its owner, essentially making the private transactions impossible at all costs. This allows the ZCash (ZEC) Cryptocurrency to offer its users the right to privacy while still enjoying the advantages of a permissionless, decentralized digital currency.


The live cash price of ZCash (ZEC) Cryptocurrency today is USD 147.12, with a 24-hour trading volume of USD 233,578,8001. The ZCash (ZEC) Cryptocurrency prices are updated to the USD price in real-time. The cryptocurrency is now down to 4.74% in the last 24 hours. The currency ranking of the ZCash (ZEC) Cryptocurrency is 51, with a live market cap of USD 2,098,017,806 and has a circulating supply of 14,260,463 ZEC coins, and a complete collection of 21,000,000 ZEC coins.

Continue Reading

Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.

Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.