Zcash: privacy is the freedom of choice
In Bitcoin, everything is visible: the sender, the recipient, the amount. This ensures transparency but creates risks:
– business operations can be tracked by competitors;
– hackers see wallets with large balances;
– governments can profile citizens;
– activists are at risk due to public transfers.
In 2022–2023, cryptocurrency became a channel for humanitarian aid in Afghanistan and Iran. But the publicity of such transactions could put people at risk.
Zcash solves this. Its zero-knowledge proofs (zk-SNARKs) allow for transactions without revealing the sender, recipient, or amount. It's like saying, 'I have a ticket' — without showing it.
⚖️ Zcash has:
– t-addresses — open, like in Bitcoin
– z-addresses — fully private
The user chooses which model to adopt. This is especially valuable for:
– journalists, activists, volunteers
– charitable organizations (like GiveDirectly)
– companies that do not want to share financial connections
Zcash does not promise a magic button. But it proves: privacy in a public blockchain is possible. It's not about hiding, but about choice.
🔗 z.cash | electriccoin.co
