Today: 2021-10-26 Disclaimer: This is not a financial advice

Is it a Good Time to Buy Zcash Right Now?

Current Price
$164.07
All Time High: $3191.93

Zcash is down -94.86648% from its highest price on 2016-10-29.

5/5
Avarage Daily Volume: $331,368,851.00

Zcash has a daily trading volume of $331,368,851.00 which it will make it super easy for you to sell your holdings of Zcash

Community

Zcash has 103501 total followers in all its social media accounts.

4/5
Exchanges

Zcash is listed on 100 exchanges

5/5
Price Potential

Zcash price value has the potential to increase to $3203.64 in the next crypto bull run.
Which may take up to 5 years from now.

Overall Score

Our algorithm believes it's An Excellent time to invest in Zcash right now. We give it all overscore of

4.25/5

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Summary of Zcash(ZEC):

Zcash(ZEC) today price is $164.07, which is down -94.86648% from it's all time high. The avarage daily volume is $331,368,851.00 and you can trade Zcash on 100 exchanges.

103501 people are following Zcash in all social media accounts.

Our algorithm believes it's An Excellent time to invest in Zcash with confident score of 4.25 out of 5.

What is Zcash(ZEC)?

Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private. Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase. Our improvement over Bitcoin is the addition of privacy. Zcash uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them. How Zcash works Zcash encrypts the contents of shielded transactions. Since the payment information is encrypted, the protocol uses a novel cryptographic method to verify their validity. Zcash uses a zero-knowledge proof construction called a zk-SNARK, developed by our team of experienced cryptographers based on recent breakthroughs in cryptography. These constructions allow the network to maintain a secure ledger of balances without disclosing the parties or amounts involved. Instead of publicly demonstrating spend-authority and transaction values, the transaction metadata is encrypted and zk-SNARKs are used to prove that nobody is cheating or stealing. Zcash also enables users to send public payments which work similarly to Bitcoin. With the support for both shielded and transparent addresses, users can choose to send Zcash privately or publicly. Zcash payments sent from a shielded address to a transparent address reveal the received balance, while payments from a transparent address to a shielded address protect the receiving value. Check out CoinBureau for guide on What is ZCash.