Zcash (ZEC) is a decentralised value token that offers privacy and selective transparency of transactions.The Zcash privacy feature allows users to conceal the value of the transaction, the sender and the recipient details via encryption on the blockchain.
For those who may not want their transactions shielded, they have a selective disclosure option for auditing purposes or the like.
Zcash believe personal privacy is necessary for core human values like dignity, intimacy and ethics. They believe companies need privacy to conduct their business, that it strengthens social ties and social institutions, protects society against their enemies, and helps society to be more peaceful and more prosperous.
Zcash is a member of the Enterprise Ethereum Alliance and is in good company with Microsoft, JPMorgan, ING and our friends over at Ledger.
Like Bitcoin, Zcash has a cap of 21 million units, and with minimum units available comes the possibility of growth.
To get started, you’ll need a Token Room account and a crypto wallet to store your currencies securely.
Zcash can be securely stored on our range of Ledger hardware wallets or your choice of Software wallet. There’s some easy to follow set up guides here, however, if you need further assistance, we’re here to help.
You can find more information on wallets and cryptocurrencies via our FAQ.