The crypto industry keeps on growing and there still remains a question of privacy regarding the top digital assets like Bitcoin, Ethereum, etc. But we have some cryptocurrencies which provide users with privacy feature at its best. Zcash (ZEC) is one of the top privacy coins in the market along with Verge (XVG), Monero (XMR), etc.
Zcash (ZEC) provides shielded transactions which are totally encrypted. The technology which has been brought up by Zcash is just impressive which sets it apart from other assets. The zero-knowledge proofs enable the transferring of money to be kept private. The sender, transaction amount, and receiver are encrypted through this proof. But regarding any issues, the users are also allowed to share some of the information of the transaction through selective disclosure. Zcash (ZEC) allows the users to have translucent transactions through which they are able to assist different exchanges and the wallets which do not support the private transactions.
Moreover, Zcash (ZEC) allows transactions at a very low cost which is almost $0.0001 USD. This is almost negligible and this feature puts the privacy on the top spot. Zcash has a swift speed which gives an extra edge to ZEC users. So, all-in-all a multiple featured crypto which has other attributes to push it to the top level of the crypto world.
The Zcash (ZEC) Coinbase Pro listing shows us that the users want the privacy coin on the biggest exchange. This will certainly push the coin toward more mass adoption. In the coming time, Zcash will be listed on the main platform of Coinbase and it will be a big achievement for Zcash.
As the new year has just begun, it will bring new things for the crypto world, as the users are very enthusiastic. The analysts are also predicting a better year for the crypto market than the last year. This is a time for the investors to step in. Zcash (ZEC) is probably one of the future assets that will be the face of cryptocurrency. So, Zcash investors should HODL on with their coins and it will soon bring fortune for them.
Having a look at Zcash (ZEC) market performance on the very first day of 2019, it was trading with a price of $57.28 USD with a market cap of $319 million and a trading volume of $112 USD. Currently, it stands on the 21st spot in the coinmarketcap list, but the future prospects look bright for the privacy coin. The main factor that will play a key role to its success is the core of Zcash (ZEC) which is its privacy.