BINANCE WILL NOT DELIST ZCASH!
What great news for everyone following Zcash (ZEC)! Binance has backtracked and will not delist Zcash. That "monitoring label" that had its holders worried about a possible removal is gone! This is a huge sigh of relief and, honestly, gives a lot of optimism to those who trust this privacy cryptocurrency.
For those who are not quite clear, Zcash is a project that was born in 2016 and its goal is to offer privacy and anonymity in all transactions. Unlike Bitcoin, where everything is public, Zcash uses a cryptographic magic called zk-SNARKs. With this, it can be verified that a transaction is legitimate without showing who is sending, who is receiving, or how much. Total privacy!
The cool thing about Zcash is that you can choose whether you want your transaction to be transparent (visible on the blockchain) or shielded (completely private). That’s why it is so attractive to those who value their financial privacy. The truth is that Binance's decision only confirms that they continue to support this innovative cryptocurrency. Let's keep an eye on Zcash!
What great news for everyone following Zcash (ZEC)! Binance has backtracked and will not delist Zcash. That "monitoring label" that had its holders worried about a possible removal is gone! This is a huge sigh of relief and, honestly, gives a lot of optimism to those who trust this privacy cryptocurrency.
For those who are not quite clear, Zcash is a project that was born in 2016 and its goal is to offer privacy and anonymity in all transactions. Unlike Bitcoin, where everything is public, Zcash uses a cryptographic magic called zk-SNARKs. With this, it can be verified that a transaction is legitimate without showing who is sending, who is receiving, or how much. Total privacy!
The cool thing about Zcash is that you can choose whether you want your transaction to be transparent (visible on the blockchain) or shielded (completely private). That’s why it is so attractive to those who value their financial privacy. The truth is that Binance's decision only confirms that they continue to support this innovative cryptocurrency. Let's keep an eye on Zcash!
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ZEC
38.9
+11.27%