The circulating supply is 3.85 million ZEC.Įven though Zcash is anonymous, you can easily buy it. It ranks 25th in the CoinMarketCap cryptocurrency chart, and every day as much as 61 million dollars’ worth of ZEC is traded. Its market capitalization is 1.121 billion dollars. It reached its peak rate at the same time, which amounted to $4,293. They introduced this currency at the end of October 2016. Here is a fun analogy between ZEC and BTC that developers came up with: Bitcoin is http for money, while Zcash is https with an extra layer of protection. Encrypted transactions conceal the sender, the recipient, and the amount being transferred in the blockchain, so it’s almost impossible to track down the transactors. Zcash is an open-source cryptocurrency that ensures high-level privacy.
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