ZEC & HALO: CORNERSTONE OF A PRIVATE WEB3
Secured by Halo zero-knowledge cryptography, Zcash and its native asset ZEC provide a private digital currency that’s fast, reliable and interoperable.
Discover how ZEC and Halo are ushering in an era of self-sovereignty and creative freedom.
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ABOUT ZEC AND HALO
ZEC & NU5
ZEC, the native asset of the Zcash protocol, is the private digital currency of Web3. With NU5 activation, the protocol will receive highly-anticipated user experience improvements.
- ZEC becomes Shielded by Default.
- Unified Addresses. No more toggling between z (shielded) and t (transparent) addresses.
- Trustless Setup. Circuit upgrades without the need for trusted setups make Zcash more secure and more agile for future improvements, such as supporting Zcash Shielded Assets (ZSAs).
Behind The Cryptography
Following NU5, the Zcash protocol will leverage the Halo 2 zero-knowledge proving system (“Halo”), invented and developed at Electric Coin Co. (ECC). As the first implementation of Halo within Zcash, this will serve as a catalyst for Zcash user confidence and scalability, while making the protocol more attractive, faster and less expensive for others to build on, accelerating Zcash’s use and growth.
Halo & Web3
Electric Coin Co. (ECC) has entered into an agreement with Protocol Labs, the Filecoin Foundation, and the Ethereum Foundation to explore Halo R&D, including how the Halo zero-knowledge cryptography might be used in their respective ecosystems.
Use Zcash: Digital Currency of Web3
Zcash (ZEC) is the leading privacy-preserving, decentralized blockchain and cryptocurrency, created to empower individuals with unparalleled security and economic freedom. Get started with a wallet or exchange below.
*Indicates support for Shielded by Default and/or Unified Addresses at NU5 activation (Q2 2022)
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