ZEC-USD · catalysts, narrative & risks

What ZEC Is

Zcash (ZEC) is a privacy-focused, proof-of-work cryptocurrency launched in October 2016, built on Bitcoin's codebase and founded by Zooko Wilcox-O'Hearn [18][23][24]. Its core innovation is zk-SNARK (zero-knowledge succinct non-interactive argument of knowledge) technology, which lets the network verify transactions without revealing sender, recipient, or amount [24][25]. It supports both transparent (public) and shielded (private) transactions, giving users optional privacy, and it has a fixed supply cap of 21 million coins with a Bitcoin-style halving schedule [18][19][24][25]. Note: the "-USD" in ZEC-USD simply denotes the US dollar quote currency and is not part of the coin's name [prompt].