Zcash is a privacy-focused cryptocurrency that mimics Bitcoin's proof-of-work mechanism and has a total supply cap of 21 million coins, with regular halvings. Its main difference lies in the use of zk-SNARKs encryption technology to protect transaction details, such as the sender, receiver, and amount, thereby addressing the inherent privacy issues of public blockchains like Bitcoin. Currently, Zcash has a market capitalization of approximately $6.8 billion. For investors who seek the scarcity similar to Bitcoin and also want to enhance transaction privacy, it is a potential alternative.

ZEC-3.29%
BTC-0.66%
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