Zcash makes private transactions lighter and faster with the activation of Sapling

Zcash, the privacy-focused cryptocurrency, activated its Sapling network upgrade on October 28, 2018. Sapling introduces new shielded addresses that significantly improves the performance of Zcash. Shielded addresses are addresses that leverage the privacy enhancements offered by zero-knowledge proofs. The new shielded addresses will reduce the time and memory required to construct a Zcash transaction by 90% and 97%, respectively. These technical changes in Sapling also make it easier for exchanges and wallets to support shielded addresses. (Source: Zcash Company)

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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

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