Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography. Zcash brings fungibility to cryptocurrency by unlinking shielded coins from their history on the blockchain. Zcash is pioneering the use of zero-knowledge proofs, applying cutting-edge cryptography to blockchain technology. Zero-knowledge proofs allow fully encrypted transactions to be confirmed as valid. This new property will enable entire new classes of blockchain applications to be built. With Zcash, users can enjoy the advantages of using a public blockchain, while still being sure that their private information is protected.
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