Zcash is a privacy coin operating on a public blockchain. Inspired by the flaws of Bitcoin, the founders of Zcash sought to create a network and currency that conformed to contemporary notions of privacy. Zcash utilizes its unique shielded transaction technology that allows personal and transactional data to remain completely private. In addition, Zcash’s zero-knowledge proof system allows for seamless transaction verification without revealing sender, receiver, and amount data.
ZEC is also highly flexible, incorporating a selective disclosure feature that allows users to disclose only what they need to comply with whatever systems they frequent. For instance, Zcash allows users to selectively opt for transparent transactions types in order to comply with wallets, exchanges, and other platforms that do not support confidential transactions.