ZCash wallet

Secure your ZEC assets

Secure your ZCash assets with the most trusted hardware wallet. Cold storage wallets are typically encrypted devices that store users' ZCash assets offline, providing a layer of security against the evolving threats emerging from being connected to the Internet.




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How to manage ZCash with Ledger devices

Secure your ZCash (ZEC)

Secure multiple assets, including ZCash using a Ledger Hardware Wallet.
Your private keys, giving access to your assets, remain safe in a certified secure chip.

Ledger Nano S

Ledger Nano S

Protect your ZCash assets with the first and only
independently-certified ZCash wallet on the market.

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Ledger Nano X

Ledger Nano X

The Ledger Nano X is a Bluetooth® enabled secure and
CES award winning device that protect your ZCash assets

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How to manage your ZCash (ZEC)

Ledger Live

Directly manage your ZCash with Ledger Live, our own desktop and mobile application. Check your balance in real-time, send and receive your ZCash and 5,500+ other assets directly from Ledger Live.

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Praised by our community

Sladic M.

This is the one of best devices I ever purchased. LNS rules!

Bonfante J.

If you're investing in Cryptos then look no further.

John M.

It is 1 of the best ways store your crypto - highly recommended.

Francesci S.

It’s a very useful tool, essential for those who approach this type of market.

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What is ZCash (ZEC)

ZCash is one of the leading privacy-oriented cryptocurrencies that deploys a powerful technology called zk-SNARKs, which are a form of cryptographic primitive known as ‘zero-knowledge proofs.’


ZCash (ZEC) features

ZCash is an open-source fork of Bitcoin’s protocol released in October 2016, and its development is supported by the ZCash Foundation. ZCash is overseen by the Electric Coin Company -- the creators and founders of the protocol.

ZCash is a proof-of-work (PoW) blockchain network that relies on miners for consensus.

The most important value proposition of ZCash is privacy. Specifically, ZCash relies on optional anonymity called ‘shielded transactions’ where users generate a specific form of encryption, called zk-SNARKs, that completely masks the transaction details at the blockchain level.

The use of zk-SNARKs has positioned ZCash as one of the most scientifically-driven and advanced projects at the edge of digital privacy.

zk-SNARKs and Shielded Transactions

The Electric Coin Company is comprised of a large group of computer scientists, cryptographers, research scientists, and prominent crypto industry advisors. ZCash draws its identity as a scientifically-driven project, and its unique underlying technology is what separates it from other cryptocurrencies.

When using ZCash, users have two options to transfer ZEC, the native token of the network. They can send a standard transaction, which uses standard public key encryption like Bitcoin. Alternatively, they can select shielded transactions, which exercise the powerful cryptographic technology zk-SNARKs.

The use of zk-SNARKs

The abbreviation zk-SNARKs stands for ‘zero-knowledge succinct non-interactive argument of knowledge.’ The concept relies on the proof-of-construction that information between a prover and verifier can be authenticated without the information itself being revealed.

When a user chooses to send a shielded transaction, they construct a proof using the network’s specific public parameters available at the launch of the network -- known as the ‘common reference string.’ No information about the transaction is shared, and only the proof that the sender properly constructed the transaction is necessary to verify its authenticity.

Notably, generating these public parameters requires a controversial event called a ‘trusted setup.’ The parameter generation protocol has been covered extensively by ZCash to assure investors that the keys were not compromised, which could theoretically empower a malicious party to pass false proofs as valid.

Developments and Monetary Policy

One of the problems with shielded transactions is that generating the proof-of-construction is a computationally intensive process. As a result, it is inconvenient for mainstream users to leverage the power of shielded transactions.

To address this problem, ZCash recently completed its Sapling upgrade, which vastly improved the efficiency of using zk-SNARKs, particularly regarding generation time and memory consumed. Shielded transactions have consequently become much more accessible to mainstream users.

Although shielded transactions only comprise a minority of transactions on ZCash, Sapling has bolstered its prevalence in recent months. Similarly, users can select to reveal shielded transaction details to third-parties for the purpose of auditing.

Following Sapling, the next major upgrade for ZCash is scheduled for October 2019 and is called Blossom -- designed to increase block times.

Finally, one of the most distinct characteristics of ZCash is also its monetary policy. Similar to Bitcoin, ZCash maintains a 21 million cap on its supply. However, ZCash produces 12.5 ZEC per block at 2.5-minute block intervals.

Additionally, 20 percent of the block rewards for the first 4 years of the network are allocated to the Electric Coin Company as the ‘Founder’s Reward,’ which will decrease to 10 percent after 4 years -- with the rest of the reward going to miners.

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