Does the concept of transparency underlying blockchain mean an absence of privacy? Zcash crypto founders have their answer to that. Zcash, traded under the ZEC ticker, is a cryptocurrency initially inspired by Bitcoin and built using its code. The token launch was initiated back in 2016 by an all-star cryptography professional, Zooko Wilcox-O'Hearn, who earlier founded a company working on solutions for improving cyber-security. Similarly, the Zcash project was designed with a heavy focus on privacy in mind. To provide data protection, Zcash operates on a zero-knowledge proof mechanism, where network nodes stay unaware of transaction details they are verifying. 
Notwithstanding, ZEC transfers can be processed transparently with all the public data available online, while also offering an anonymity alternative. By choosing the latter option, users will not reveal their wallet addresses as well as the amount sent or accepted.