THE BLOCK · 2026-11-09 02:36 UTC

What is Zcash (ZEC)? How shielded transactions work

Zcash (ZEC) is a privacy coin launched in 2016 that supports both public transparent transactions and private shielded transactions. Shielded transactions use zk-SNARKs to validate payments without revealing the sender, recipient or amount. Per the Zcash network dashboard, about 29% of issued ZEC was held in shielded pools as of October 2026.

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