Zcash to Launch Mainnet on November 6th
Zcash activated NU7 on its mainnet on November 6th.Refer to the official tweet by ZEC:NU7 has successfully activated on mainnet. A new era of Zcash is here. ZEC InfoZcash is a decentralized open-source cryptocurrency that provides privacy and selective transparency of transactions.One distinctive feature of Zcash is its ability to ensure transaction privacy. While most blockchains, including Bitcoin, record transaction details in a public ledger (blockchain), Zcash offers a feature called “shielded transactions” that allows hiding transaction information, including sender, recipient, and transaction amount.Zcash achieves a high level of confidentiality through the utilization of zero-knowledge proof protocols (zk-SNARKs).