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When it comes to privacy coins, Zcash is considered a veteran in this field. Its design is essentially an upgraded version of Bitcoin—also following the proof-of-work mechanism, with a fixed total supply of 21 million coins, and it periodically triggers halving events. So, what are the real differences? The key lies in Zcash's introduction of zk-SNARKs, a cutting-edge cryptographic technology that can hide all the critical transaction information—who sent, who received, and how much was transferred. This directly addresses the privacy shortcomings of public blockchains like Bitcoin, making on-chain activities truly opaque.
In terms of market performance, Zcash currently has a market cap of about $6.8 billion. For investors who want the absolute scarcity guarantee like Bitcoin but also prefer transaction information not to be exposed to the entire network, Zcash is indeed a good choice. After all, in today's world, there aren't many combinations of privacy and scarcity.