Electric Coin Company (ECC), best known for the development of Zcash (ZEC) crypto assets, has launched the Zashi mobile crypto wallet, a significant step in strengthening privacy and security for Zcash users.
Zashi, which is available for iOS and Android devices, offers advanced privacy features such as support for unified addresses and secure Orchard pools, as well as the ability to make transactions before a full sync of the wallet.
Zashi Features and Security
Zashi is designed to keep users' transaction and message history private, with a "Spend Before Sync" feature that allows access to funds before wallet synchronization is complete. This is especially useful for users who have wallets that haven't been used for a long time and need to spend their old funds without having to wait for the synchronization process.
ECC Strategic Partnership
ECC has also collaborated with Brave, a privacy-first browser, to enhance the security features of Brave Wallet, reflecting ECC's commitment to building a more secure and private ecosystem for crypto users.
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Regulatory and Market Challenges
Although Zcash has faced regulatory challenges, such as its delisting by OKX and Binance in several EU countries, the ECC continues to innovate and adapt to the changing regulatory environment to ensure the viability of this digital currency. At the time of writing, Zcash ranks 187th in the crypto ranking with a market cap of $461.2 million and is trading at $31.25.
Zcash Market Analysis
Zcash, which uses zero-knowledge Proof (zk-SNARKs) technology, offers a level of privacy that cannot be achieved by other pseudonymous cryptocurrencies such as Bitcoin or Ethereum. ZEC transactions can be transmitted in two ways: transparent and protected. Protected transactions do not disclose the addresses of the sender and recipient or the amount sent, providing anonymity options for users.
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Conclusion
The launch of Zashi by ECC is a step forward in efforts to improve privacy and security in crypto transactions. With innovative features and strategic partnerships, ECC demonstrates its commitment to advancing Zcash amidst regulatory challenges and market fluctuations. With a strong market capitalization and steady growth since the beginning of the year, Zcash shows resilience and potential as a valuable crypto asset in the future.
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How to Buy Zcash (ZEC) on Bittime
You can buy and sell Zcash (ZEC) in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
Zcash (ZEC) is available on Bittime with the market pair ZEC/IDR. To be able to buy ZEC IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.
Learn the complete guide on how to buy Zcash (ZEC) on Bittime.
Monitor the price chart movements of Zcash (ZEC), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Zcash (ZEC): A Cryptocurrency That Offers Advanced Privacy
Zcash Soars 20% After Grayscale's Privacy-Based ETF Move
What are Altcoins, Types, How to Buy, and How to Sell Them
DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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