​​Zcash (ZEC) Zcash is a peer-to-peer currency with built-in | Crypto Great | Bitcoin | DeFi

​​Zcash (ZEC)

Zcash is a peer-to-peer currency with built-in privacy features. Basically, Zcash is to crypto as HTTPS is to the internet. HTTPS allows users to communicate securely on the internet.Without it, anyone could access and collect your data, communications, and transactions. Zcash brings a similar level of privacy to crypto.

In November 2020, ZCash hit its countdown timer. The amount of new Zcash minted perblock decreased from 6.25 to 3.125.

Bitcoin had a similar reduction with its halving event in May 2020. Since then, prices are up320%. We anticipate similar results for ZEC in 2021.

Looking forward, ZCash will introduce a new shielded-transaction protocol. This is a complex feature for a decentralized system like ZCash. Bottom line: It will create a trusted, standard set of rules for communication while preserving privacy.

This will make Zcash an even more trusted network overall. And it should bring more users to the network looking for true privacy like HTTPS offers internet users today.