Zcash Shielded Transactions Maintain 23% of Total Supply

Zcash’s privacy-focused shielded addresses continue to represent nearly a quarter of the cryptocurrency’s circulating supply, showing sustained adoption among users.

ZEC

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Terms & Concepts
  • Shielded addresses: Zcash transaction method that encrypts sender, receiver, and amount details using zero-knowledge proofs.
  • Zcash: A privacy-focused cryptocurrency using zero-knowledge proofs to enable confidential transactions.
  • Zero-knowledge proof: A cryptographic method that allows one party to prove knowledge of information without revealing the actual data.