Learn Zcash

What is the difference between Zcash and ZEC?

People use these terms interchangeably all the time — and that’s OK, no biggie — but technically, Zcash is the protocol and ZEC is the coin.

The Zcash protocol is a set of rules that govern the Zcash blockchain network, a system of connected devices all over the world, working together to validate transactions and maintain the Zcash ledger. Within that system, ZEC (pronouced zek) is the monetary unit, or coin. You can send ZEC to a friend, use it to purchase something, or exchange it for some other kind of money. Zcash monetary policy creates a currency supply of 21 million ZEC. If a person holds 5 units of Zcash, then they hold 5 ZEC.

Share this answer:

Related

In this tutorial we show you how to acquire Zcash (ZEC) and store your funds privately in the Orchard …
Halo is a cryptographic breakthrough discovered by Electric Coin Co.’s Sean Bowe. The Halo …
Zebra is the Zcash Foundation’s independent, consensus-compatible implementation of a Zcash …
Shielded Zcash transactions are encrypted, and users’ addresses, their transaction amount …
We recommend using a wallet that is shielded by default.
Zcashd & Zcash-cli allow you to run a full node and interact with it via a command-line interface. …
A unified address is generated from multiple Zcash address types, and with other features, like …