Zcash was built on the original Bitcoin code base, with many important improvements focusing on privacy-preserving shielded addresses and a community development fund. As such, Zcash transactions are completely private.
The transaction data is posted to a public blockchain, similar to other cryptocurrencies, but with a difference - these transactions can then be verified without revealing the sender, receiver, or transaction amount.
The Zcash coin is ZEC. It can be traded on exchanges, but it can also be mined. ZEC mining is very similar to Bitcoin, and ZEC are created each time a block is added to the Zcash blockchain. Zcash mining is much faster than Bitcoin - they can be mined 8 times more frequently than Bitcoin.
The fastest, most convenient way to purchase Zcash is to purchase it on ICONOMI. We check Zcash live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Zcash by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Zcash is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Zcash, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Zcash in their structure.
Here you can read and comment on all posts made by Strategists about Zcash ZEC. See all Zcash price predictions in real time and make the best use of their crypto knowledge.
Privacy or Transparency? Why Not Both?
With recent price growth and institutional backing from names like Grayscale, Zcash ($ZEC) is attracting serious interest. Predictions suggest even greater potential by 2030!
For a full overview on Zcash latest moves check our analysis 👉HERE
Doing a minor rebalance back to target, taking some profit on $DYDX, adding $FET and $ZEC. Will remain long alts for next 3 weeks, at least, and reassess at that point.
We have some nice performing coins in our portfolio! For now $RUNE, $ZEC and $FTM doing great! Let's hope others will follow! 🤞🏻
Privacy coins have been holding good lately. So i think i should clarify why we have decided to hold $XMR over $ZEC
There is just one true private crypto out there and that's Monero. ZCASH is in my opinion just dust in the eyes.
Monero is still the only crypto out there that has bounty from USA IRS on it for 2 years. Nobody is able to crack it's cryptography and it's anoymity feature.
Source: click here
Monero is still the one and only real digital cash. Bellow you can compare anonymous transaction count from both leading privacy networks.
Even famous economist Milton Friedman predicted rise of Monero in the 90ties. Many people think Bitcoin is anonymous but it's not, it's pseudonymous. Big difference.
Source: click here
The narrative for privacy coins is getting stronger i believe due to global financial restrictions to specific countries (Russia, Ukraine scenario). When CBDS go live, this will be the time when privacy coins will shine the most. This is still few years away in my opinion but narrative for privacy coins is getting stronger and stronger.
HODL it is.
you are soo WRONG! ZEC is build by the greatest cryptographic team and is limited to 21mil. XMR is inflationist. you can mine XMR but ZEC is harder to mine thus it has an intrinsic value. Monero is inflationist and sometime will arrive to billions of coins.
ZEC has visible like BTC but also privacy. Both are good but ZEC stands better as technology.