Adoption of $ZEC is growing! š
Zcash has two types of address: a transparent like bitcoin-addresses and a shielded address that is protected by the best quantum-resistant zero-knowledge proof cryptography.
And these shielded addresses are exactly what Zcash was created for. They prevent you from seeing the sender and receiver in the blockchain. Here's what such a transaction looks like: https://3xpl.com/zcash/transaction/f35497061d3dc8927b54f71ff175f458646739b6743b440b2bfaff2bea58f518
The only thing visible is the standard fee, by which we realize that the transaction exists. Nothing else! No recipient, no sender, no amount!
So what is this post about? You can see for yourself that the number of secured ZECs is updating highs every week. And after all, this is a cryptocurrency with a limit of 21 million coins, just like Bitcoin!
On November 23, 2024, the second halving took place and the network is already 76% mined.
Subscribe to my account and I will tell you a lot about #Zcash!
Source: https://zechub.wiki/dashboard