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

MarketsOctober 29, 2018, 9:19AM EDT
UPDATED: October 29, 2018, 9:21AM EDT
Zcash makes private transactions lighter and faster with the activation of Sapling
Partner offers

We'd love your feedback.

Advertisement

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)