Zcash (ZEC) Overview and Shielded Transaction Mechanism

According to The Block, Zcash (ZEC) is a privacy‑focused cryptocurrency blockchain that was launched in 2016. The network supports both public and private transactions. Private transactions on the platform are referred to as “shielded transactions.” These shielded transactions rely on zero‑knowledge proofs known as zk‑SNARKs to confirm that a payment is valid without disclosing the identity of the sender, the recipient, or the amount involved.

Zcash has positioned itself among several digital assets that offer varying levels of transaction transparency.