Zcash was built on the original Bitcoin code base, with many important improvements focusing on privacy-preserving shielded addresses and a community development fund. As such, Zcash transactions are completely private.
The transaction data is posted to a public blockchain, similar to other cryptocurrencies, but with a difference - these transactions can then be verified without revealing the sender, receiver, or transaction amount.
The Zcash coin is ZEC. It can be traded on exchanges, but it can also be mined. ZEC mining is very similar to Bitcoin, and ZEC are created each time a block is added to the Zcash blockchain. Zcash mining is much faster than Bitcoin - they can be mined 8 times more frequently than Bitcoin.
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There is just one true private crypto out there and that's Monero. ZCASH is in my opinion just dust in the eyes.
Monero is still the only crypto out there that has bounty from USA IRS on it for 2 years. Nobody is able to crack it's cryptography and it's anoymity feature.
Source: click here
Monero is still the one and only real digital cash. Bellow you can compare anonymous transaction count from both leading privacy networks.
Even famous economist Milton Friedman predicted rise of Monero in the 90ties. Many people think Bitcoin is anonymous but it's not, it's pseudonymous. Big difference.
Source: click here
The narrative for privacy coins is getting stronger i believe due to global financial restrictions to specific countries (Russia, Ukraine scenario). When CBDS go live, this will be the time when privacy coins will shine the most. This is still few years away in my opinion but narrative for privacy coins is getting stronger and stronger.
HODL it is.
Zcash (ZEC) price history shows the highest value of 319.22 USD . We recorded this price on May 8, 2021, but we cannot exclude that a higher price was registered before April 11, 2019.