Shielded Zcash transactions are completely private. Like Bitcoin, Zcash transaction data is posted to a public blockchain; but unlike Bitcoin, Zcash 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 Zcash allow a user to share some transaction details, for purposes of compliance or audit. Zcash also allows for transparent transactions, to accommodate for wallets and exchanges that don’t support private transactions.
We are scientists and engineers who discovered the underlying scientific principles and designed the ZEC protocol, but we do not control the currency, its mining or its distribution. Every user of Zcash contributes to its decentralization, helping to protect it against failure and corruption. Our team is one among many participants in the network.
