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US: Clear-cut Trump Victory Raises Medium-term Economic Risks Despite Reduction of Near-term Political Uncertainty

Germany: Stable Government Needed to Address Shifts in US Policy and Raise Growth Outlook

France’s Economic Strengths Balance Increasingly Challenging Fiscal, Political Outlooks

Baltic States See Divergence in Their Macro-fiscal Outlooks

U.S. Manufacturing Contracts for 9th Month, PMI® Rises to 49.3% in December

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December CPI Data: Inflation Moderates to 2.9%, Core Inflation Eases

Crude Inventories Decline By 2 Million Barrels; WTI Oil Trades Near Session Highs

China’s Q4 Growth: Stimulus Success or Trade Surplus Illusion?

UK Economy Grows 0.1% in November, Testing GBP/USD Support at $1.22

December Retail Sales Rise 0.4% as Jobless Claims Hit 217K, Signaling Mixed Outlook

EIA Natural Gas Storage Draw Of -258 Bcf Exceeds Estimates

China’s Q4 Growth Outpaces 5% Growth Target; Hang Seng and AUD/USD Respond

UK Retail Sales Falls 0.3% in December, GBP/USD Slides on BoE Rate Cut Bets

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Bitcoin and Solana Reach New Heights

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OnEquity Highlights 2024: New Website, Global Growth, and Industry Recognition

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Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.

Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase. Our improvement over Bitcoin is the addition of privacy. Zcash uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them.

How Zcash works

Zcash encrypts the contents of shielded transactions. Since the payment information is encrypted, the protocol uses a novel cryptographic method to verify their validity.

Zcash uses a zero-knowledge proof construction called a zk-SNARK, developed by our team of experienced cryptographers based on recent breakthroughs in cryptography. These constructions allow the network to maintain a secure ledger of balances without disclosing the parties or amounts involved. Instead of publicly demonstrating spend-authority and transaction values, the transaction metadata is encrypted and zk-SNARKs are used to prove that nobody is cheating or stealing.

Zcash also enables users to send public payments which work similarly to Bitcoin. With the support for both shielded and transparent addresses, users can choose to send Zcash privately or publicly. Zcash payments sent from a shielded address to a transparent address reveal the received balance, while payments from a transparent address to a shielded address protect the receiving value. 

Check out CoinBureau for guide on What is ZCash.

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