Zcash (ZEC) is a decentralized cryptocurrency that focuses on providing enhanced privacy and anonymity for its users. Unlike many other cryptocurrencies, Zcash allows transactions to be conducted without revealing the sender, recipient, or transaction amount by default. This privacy feature is enabled through zk-SNARK (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) technology, which allows transactions to be verified without exposing any sensitive information. While Zcash operates on a public blockchain, it gives users the flexibility to choose between transparent and shielded transactions, offering both privacy and transparency options.

Zcash operates on a public blockchain, but it differentiates itself through its optional privacy features. Users can choose between transparent transactions, which function similarly to Bitcoin transactions and are publicly visible, or shielded transactions, which use zk-SNARKs to obscure transaction details. In shielded transactions, the blockchain records that a transaction occurred, but the sender and recipient addresses, as well as the transaction amount, remain hidden. This dual transaction model allows Zcash to provide privacy when needed while maintaining compatibility with traditional transparent blockchain systems.

Zcash is designed to offer users privacy and security in their financial transactions, making it useful for individuals and businesses that require confidentiality. It can be used for private remittances, online purchases, and any transactions where discretion is preferred. Additionally, Zcash’s ability to selectively disclose transaction data makes it a practical tool for organizations needing to comply with auditing or regulatory requirements. This combination of privacy and optional transparency makes Zcash a versatile solution for various financial applications in both personal and professional contexts.

Zcash was launched in 2016 by Zooko Wilcox-O'Hearn, a cypherpunk and computer security expert with over 25 years of experience in cryptography and information security. He also founded the Electronic Coin Company (ECC), which oversees Zcash's development. Since its inception, Zcash has gained significant attention for its pioneering privacy features and has established itself as a prominent cryptocurrency in the digital asset space. The project continues to evolve, focusing on advancing privacy technology while balancing regulatory compliance and user needs.

We update our Zcash to CAD currency in real-time. Get the live price of Zcash on Coinbase.

The current market cap of Zcash is CA$1.12B. A high market cap implies that the asset is highly valued by the market.

The all-time high of Zcash is CA$8,187.58. This all-time high is highest price paid for Zcash since it was launched.

Over the last 24 hours, the trading volume of Zcash is CA$131.64M.

Assets that have a similar market cap to Zcash include Virtuals Protocol, Theta Network, Sonic, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Zcash is 16 million.

Zcash ranks 75 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 92% of Coinbase users are buying Zcash. In other words, 92% of Coinbase customers have increased their net position in Zcash over the past 24 hours through trading.

Yes, Zcash is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Zcash guide.