Zcash (ZEC) is a cryptocurrency known for its strong focus on privacy and anonymity. Unlike Bitcoin, which offers transparency with public transaction records, Zcash uses advanced cryptographic techniques, specifically zero-knowledge proofs (zk-SNARKs), to allow transactions to be verified without revealing the sender, recipient, or amount. This makes ZEC appealing to users who prioritize privacy in their financial activities. However, this emphasis on privacy also raises regulatory concerns, as it could be used to facilitate illicit activities. Balancing privacy with compliance remains a significant challenge for Zcash in its adoption journey.
