The platform was launched in October 2016 by the CEO Zooko Wilcox-O’Heam – a computer security specialist. The platform’s mission is to “create an open, global economic platform from which no-one can be excluded”. Zcash or ZEC works with an advanced algorithm. This one is making your trades being anonymous to everyone. The realization of this innovation was possible due to the special proof of construction called zk-snark. The zk-snark cryptographic technology is checking the validity of information without publishing any confidential details. Because of marketplace’s totally unsecured system, the private key of each user isn’t actually too private. The user’s addresses can be viewed by other partners or marketers. Fortunately, Zcash encrypted all the transactions details. It is an innovative cryptography that changed the way a blockchain is seen.
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