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TRX The Block explains Zcash shielded transactions using zk-SNARKs
The Block published an explainer stating that Zcash (ZEC) is a privacy coin and blockchain launched in 2016 that supports both public and private transactions. It says the private ones, called shielded transactions, use zero-knowledge proofs called zk-SNARKs to verify payments without revealing the sender, recipient or amount.
Why “Unverified”
- Reported by The Block alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 60/100. How labels work
Market around the story
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ZEC
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What the sources claim
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Zcash is a privacy coin and blockchain that launched in 2016. ZEC
“Zcash (ZEC) is a privacy coin and blockchain launched in 2016.”
The Block -
Zcash lets users make both public and private transactions. ZEC
“It allows users to make both public and private transactions.”
The Block -
Shielded transactions use zk-SNARKs to verify payments without revealing sender, recipient or amount. ZEC
“make use of zero-knowledge proofs called zk-SNARKs to verify payments without revealing the sender, recipient or amount”
The Block
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-09 02:40 UTC. Labels are computed from the sources, not by the model.