The world of Crytpo currencies is complex and involved. As more and more developers understand the benefits of using a crypto currency for online transactions, more and more crypto currencies are emerging, each offering something different and new to the world of online currencies and each one more secure and special than the next. Zcash that uses the letters ZEC when trading, is one of the newest additions to the Crypto currencies. This new currency that was launched in 2017 by the Zerocoin Electric Coin Company is not just another virtual currency, it has some marked improvements that help users to feel even more secure and it also gives them a choice of how to make transactions.
The Benefits of Zcash
Zcash is an open source currency that filly protects the user with fantastic privacy settings. There is no exposure when using Zcash. The transactions do take place on a public block chain but the user can decide whether he wants his transaction to be shielded or transparent. What this means is that the user can send money to a casino or somewhere else, it can be received but the receiver has no knowledge of where it came from or the sender can use a code for identifying where the money has come from. This means there is no trace of the money and in terms of security, it is fantastic for the user. The advanced systems of Zcash use a unique system created specially for this called zh-SNARK also known as a zero knowledge protect construction. As with other crypto currencies, players will need to establish a Zcash wallet in order to trade the units successfully. Zcash is a name that may not be that well known yet, but it is on the up and up and mobile and online casino players should definitely get used to the name.
