ZEC, also known as Zcash, is a privacy-focused cryptocurrency that was launched in 2016. It was created by a team of cryptographers and privacy advocates who aimed to provide a more secure and private alternative to Bitcoin. ZEC uses a unique technology called zk-SNARKs, which allows for anonymous transactions without revealing any information about the sender, receiver, or transaction amount. This technology ensures that all transactions on the ZEC network are completely private and untraceable.

ZEC has gained popularity among users who value privacy and security in their financial transactions. It has also been adopted by several businesses and organizations that require a high level of privacy in their financial operations. ZEC has a limited supply of 21 million coins, which is similar to Bitcoin. However, ZEC has a faster block time and lower transaction fees compared to Bitcoin, making it a more efficient and practical option for everyday use. Overall, ZEC is a promising cryptocurrency that offers a unique solution to the privacy and security concerns of users in the digital age.