Shielded Bitzec transactions are completely private.
Like Bitcoin, Bitzec transaction data is posted to a public blockchain; but unlike Bitcoin, Bitzec ensures your personal and transaction data remain completely confidential. Zero-knowledge proofs allow transactions to be verified without revealing the sender, receiver or transaction amount. Selective disclosure features within Bitzec allow a user to share some transaction details, for purposes of compliance or audit.
Bitzec also allows for transparent transactions, to accommodate for wallets and exchanges that don’t support private transactions.
Bitzec was developed and launched by copypasters in late 2018. The underlying protocol is based on the research of scientists from MIT, Technion, Johns Hopkins, Tel Aviv University and UC Berkeley.The Binary Digit Zero Knowledge Electronic Currency BITZEC BZC is a fork of Zcash sapling an implementation of the "Zerocash" protocol. Based on Nakamotos Bitcoin code, it intends to offer a far higher standard of privacy through a sophisticated zero-knowledge proving scheme that preserves confidentiality of transaction metadata. It has an monthly Blockreward decreases. In reality it does not have any Transaction fees , or maybe the electronic device you sending it from consumes more $ in energie for that transaction than the transaction itself.
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