ZCash (ZEC) is a cryptocurrency, which managed to ensure the confidentiality of its users. ZEC is a type of open and affordable decentralized crypto currency that will completely protect the confidentiality of transactions through zero-level cryptography.
He uses the Equihash algorithm as an algorithm that is an asymmetric "Proof of Work" algorithm based on the generalized birth problem. Development of ASIC is not possible.
ZCash uses zero knowledge. Brief noninteractive arguments of knowledge (zk-SNARKs) to ensure that all information (sender, receiver, number) will be encrypted without the possibility of double expenses. The only information that is open about transactions is the time of use.
The project is on an open source platform based on the Bitcoin Core code, which has been thoroughly tested.