Zcash (ZEC) Live Price in Rial and USD – Chart & Market Info
Last Update: Friday 5 December 2025, Time: 12:00 (UTC+3:30)
Zcash (ZEC) Market Rank: 18
Market Cap: 6,477,585,348
24h Volume: 1,226,429,985
Max Supply: 21,000,000
Total Supply: 16,422,445
Issue Date: 29 October 2016
🔐 Introduction to Zcash (ZEC)
Zcash is a privacy-focused cryptocurrency launched in 2016 as a fork of Bitcoin by Zooko Wilcox and a team of cryptographers. Its primary goal is to provide secure and anonymous transactions using zk-SNARKs technology.
The native token of this network is ZEC, with a capped supply of 21 million coins. Users can choose between two types of addresses: t-address (transparent) and z-address (shielded), the latter enabling fully private transactions.
Key Features
- Optional Privacy: Ability to choose between transparent and shielded transactions.
- zk-SNARKs Technology: Zero-knowledge proofs that verify transactions without revealing details.
- Fast Block Time: New blocks are created every 75 seconds.
- Equihash Mining Algorithm: ASIC-resistant and suitable for GPU mining.
- PoW Consensus Mechanism: Similar to Bitcoin, with plans to transition to PoS in the future.
Use Cases
- Private and anonymous financial transactions.
- Payments requiring high privacy, such as sensitive transactions.
- Privacy-focused decentralized finance (DeFi) applications.
Challenges
- Regulatory challenges in some countries due to privacy features.
- Competition with other privacy-focused cryptocurrencies like Monero.
- Need to improve network scalability and efficiency.
Zcash, with its emphasis on privacy and advanced cryptographic technologies, is a suitable option for users seeking secure and anonymous transactions.
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