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What is the difference between zec and zen (the relationship between zen and zec)

• Metaverse & Beyond • 60 views

What’s the difference between zec and zen According to the official news of zccash, zk start protocol is a blockchain platform based on Zero-knowledge proof technology. Its main feature is to use zero knowledge technology to solve the transaction confirmation problem of Bitcoin and Ethereum; Another important feature is the ability to achieve decentralized authentication; In addition, it can also allow users to conduct transactions without sacrificing privacy; Both of them have passed the concept of “Secure multi-party computation” proposed by the Zcash Foundation, thus realizing cross chain communication, while zc start publishes the encrypted information to the smart contract and operates as a consensus mechanism. What is the difference between the two? The characteristics of both projects are as follows:

Firstly, security: both can be audited 2. Performance: Different advantages such as asynchronous payment in the same currency Thirdly, efficiency (compatibility): Compared to other networks, the two most suitable public chains for use are zkRollup (ZK) and PoS. (Note: ZEC and ZEN are the underlying tokens developed under the Ethereum Classic Protocol.) In the past few days, a network called “zen” has released its version of Zcash. This means that users can directly log in to the software and make transactions through their wallets and browsers

The network will use Zero-knowledge proof technology to realize decentralized applications with security, privacy, anonymity and security Compared to Bitcoin, ZEN has better security, scalability, and a larger market size. It also provides a new general payment system and a new function fully supported by Cryptography, aiming to let people send Cryptocurrency or legal assets without trust Currently, ZEC is the third largest digital token by market value, with a market value of approximately $500 million. However, the company behind it, ZenCash, launched its first blockchain based security platform in November 2021- Zec. Finance (formerly known as Zeus). We are building a powerful solution to solve this problem. “The relationship between Zen and Zec should first introduce that zkSNARKS is a new type of smart contract standard. When someone tries to create a brand new protocol, they will automatically perform a series of operations. This approach is called “zero knowledge”. Simply put, this is because anyone can create their own ZeroKey code and run a complete main network without a central server Secondly, it should be considered that ZEC is not the only service that can provide more efficient and cost-effective services. Despite its many advantages, it remains important due to its complexity and ease of use drawbacks Below, we will explore two key factors. Zero key technology: Zero keys: allows you to create an unlicensed and unrestricted financial service. It can also be used to create more levels of reciprocity If you want to establish a completely controlled application ecosystem, “zero knowledge” (zero knowledge) technology can be designed as a very useful feature without the need for any intermediary institutions. The emergence of zero knowledge technology enables developers to easily build various products and services without relying on intermediaries Although zero knowledge technology can help eliminate barriers for third-party participants, there are also some limitations in certain aspects, such as a lack of support for external information sources. For most people, they are not familiar with these concepts, but once they know what zero knowledge is, they may not necessarily understand how zero knowledge operates, thereby reducing risk and efficiency. Therefore, only those who can achieve this will have real power.

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