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Zcash Rises 12% Despite Arkham’s Deanonymization Announcement

ZEC’s price increased sharply within 24 hours, even after Arkham disclosed its ability to deanonymize Zcash transactions.

ZEC

Summary

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Terms & Concepts
  • Zcash (ZEC): A privacy-focused cryptocurrency using zero-knowledge proofs to shield transaction details.
  • Deanonymization: The process of revealing the identity or details behind anonymized cryptocurrency transactions.