Zcash employs a cryptographic technique known as “zero-knowledge proofs” (zk-SNARKS). This procedure allows transactions to be settled without the two parties disclosing each other’s true addresses. Please keep in mind that this is entirely voluntary, and you can continue to make public payments, which are normally logged in the currency network.
The history of a currency’s transactions can be traced thanks to the transparent blockchain technology utilized by most cryptocurrencies. There have been numerous situations when payments have not been made because traders discovered that the funds had previously been used for unlawful operations. This means that you may suffer issues even if you did not directly contribute to them. Zcash equalizes all coins, hence removing this issue.
Acceptance rate of one hundred percent
Zcash gaming provides you with no danger of a failed deposit as an added bonus for currency fungibility. This feature makes it particularly useful for live betting. Maintain your peace of mind by uploading your account without any unwanted shocks.
There is no intermediary between transactions
Deposits and withdrawals, like all cryptocurrencies, are strictly between you and the bookmaker. The decentralized blockchain network that certifies transactions is unbiased and equitable. There is no risk of funds being blocked as a result of a third-party audit.
Rapid transaction processing
Although Zcash does not hold the record for transaction speed when compared to other cryptocurrencies, it is unquestionably faster than most traditional methods, particularly during the withdrawal phase. The settlement time is determined on the currency network’s congestion, however it normally occurs within minutes of payment confirmation. Say good-by to the 3-5 working-day wait for earnings.
Fees are low
Zcash charges a transaction fee of 0.0001 ZEC. It is only 0.017 USD at the current pricing (20.05.2021). They can be regarded nearly free, which is always a good thing.