Zcash (ZEC) has experienced a remarkable 750% price increase since August, fueled by growing interest in its privacy capabilities. The cryptocurrency's use of zk-SNARKs for shielded transactions aligns with Satoshi Nakamoto's 2010 vision for zero-knowledge proofs, enhancing its appeal as a privacy-focused alternative to Bitcoin.
On-chain data indicates a rise in the adoption of shielded addresses, which has contributed to a reduced liquid supply of ZEC. This trend has caught the attention of notable figures in the crypto community, including Solana contributor Mert from Helius. The Zcash Foundation continues to focus on improving scalability and interoperability, further solidifying ZEC's position in the market.
Zcash Soars 750% as Privacy Features Resonate with Satoshi's Vision
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