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Board Announcements (Altcoins)
Re: [ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial)
by
taibas
on 29/09/2019, 12:57:39 UTC
One of the things i like more from ZEC is that Zcash utilizes this ‘zero-knowledge proof’ in its core technology called zk-SNARKS

Due to its implementation of zk-SNARKS, there are two different types of Zcash addresses. T-address and Z-address. T-address means the address is transparent or public. Z-address means the address is private or hidden. The t-address works the same way with a wallet address in the bitcoin blockchain. All transactions are visible on the blockchain explorer. But, when you start utilizing the z-address, the public won’t be able to observe any information except during shielding and deshielding (where partial information can be revealed due to the involvement of a t-address).

T-address and Z-address of a wallet address are interoperable. So, ZEC coins can be sent from z-address to t-address and vice versa.


ZEC is one of the coins to hold for the future same with Monero and Dash, be sure to keep some in your bag.

agreed. Personally as someone who loves BTC I love the option of having t addresses as well. The best of both worlds. If you need privacy and know how to use the Zcash network you will be able to cover your tracks better than any other coin. All this FUD about "optional" privacy is unbelievable. Yes, having optional privacy is an issue for new users who are technically challenged and dont know how to access Z addresses....but I imagine this will begin to change as Z addresses are pushed out to mobile and exchange wallets in the near future.
Well, I do not agree. Take Monero and also get very anonymous transactions without any problems with address types. Also, Monero is older and more reliable for me personally. But this is just my opinion.
To whom it is more convenient. As far as I understand now, from anonymous and serious coins, these are Monero Dash and ZEC.
Which is better for everyone to decide for himself, who is more convenient to use.

The difference is that Monero has all transactions anonymous unless you add a memo.
Sending from one wallet to another in Monero will be anonymous.
Bytecoin is also worth mentioning as anonymous - Monero is a fork of bytecoin.