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Functions & Benefits of Zcash (ZEC)
1. High-Level Privacy (zk-SNARKs)
Sender, recipient, and transaction amount data can be hidden.
Unlike Bitcoin/Ethereum where all transactions are publicly visible.
2. Transaction Mode Options
T-address (transparent) → like BTC, can be publicly viewed.
Z-address (shielded/private) → completely hidden.
3. Used for Fast and Low-Cost Payments
Faster confirmation times compared to Bitcoin.
Suitable for cross-border transfers that want to remain private.
4. Useful for Businesses/Institutions
Can be audited with permission, but sensitive data remains safe.
Many companies use it for transactions that require confidentiality.
5. Functions as a Store of Value (store of value)
ZEC has a limited supply like Bitcoin (21 million).
Suitable as a hedge asset for users who want privacy.
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