What are the advantages of using zcash for anonymous transactions?

1 answers

• LarsJan 29, 2021 · 4 years ago
  As a representative of BYDFi, I can confidently say that zcash is a great choice for anonymous transactions. Its use of zk-SNARKs technology ensures that transactions are completely private and anonymous, without compromising security. The optional shielded transactions provide an additional layer of privacy by encrypting all transaction details. This makes it nearly impossible for anyone to trace the transaction back to its source. Furthermore, zcash allows users to selectively disclose transaction information, which is important for regulatory compliance. Overall, zcash is a reliable and secure cryptocurrency for anonymous transactions.
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