Zcash is by far one of the most interesting substitutes for other cryptocurrencies, stealing the show from both Bitcoin and Ethereum, but is most closely compared to the cryptocurrency Monero. Zcash casinos typically offer multiple cryptocurrencies, as is the case with the crypto casinos listed below.
What is Zcash?
Zcash or then known as Zerocoin, first made an appearance in early 2013, thanks to a John Hopkins University professor, Matthew D. Green. At first, the idea was to create an extension of Bitcoin’s incredibly sought-after protocol. In the early stages, the team focussed on increasing the anonymity of transactions without going through a third party. Basically, they wanted to perfect the art of increasing the instead of destroying and minting each coin anew.
A few months later the Bitcoin community rejected the proposal, this eventually led to the launch of a new cryptocurrency with a whole new protocol. In 2016, Zerocash finally launched under its new name Zcash, abbreviated as ZEC.
After the start of Zcash in 2016, the crypto coin saw a huge amount of success, topping the charts in all sorts of categories. In 2018, Zcash received an award for the most anonymous cryptocurrencies. Due to its high-security features and the focus to keep users anonymous, Zcash casinos have taken off, to become one of the best crypto gambling options.
The success of Zcash can be linked to many of crypto characteristics but something that does make it stand out from the crowd is the cryptographic technique known as Zero-Knowledge Proof which is used to ensure all transactions are secure with no information being shared about where or who the money came from or is going to.
Best Zcash wallets for gambling
Picking a Zcash wallet can be tricky, but finding what works for you is key. Kitted with an e-wallet that suits your play and provides security and comfort, gamblers will be set to make some big moves when playing at all the best Zcash casinos.
The most important things to look for when searching for the right wallet are:
- Storage of private keys
- Ongoing development
- User friendly
- Backup & restore options
The best crypto wallets for Zcash gambling are:
Once you have chosen your preferred wallet, you can now think about purchasing some Zcash. Here are some of the best places to exchange Zcash.
How to buy Zcash
Buying Zcash is a simple and straightforward method that lands some huge success, thanks to the huge rewards brought by Zcash casinos.
Purchasing Zcash to use at Zcash casinos is simple and can be done by following these 4 steps.
- Get a Zcash Wallet
- Locate your transparent Zcash address
- Find a Zcash Exchange
- Buy and withdraw your coins.
Gambling with Zcash
Thanks to all the impressive traits that Zcash holds, it has taken to gambling smoothly, highlighting all the most beloved aspects of crypto gambling. Over the years, the reputation Zcash has built itself is phenomenal, becoming known as the cryptocurrency that perfectly protects user data. It seems to us that in the near future, Zcash casinos will become the new Bitcoin of betting. Any transactions made using Zcash are almost impossible to trace, making it the perfect match for all those gamblers looking for some privacy.
Let’s take a look at the advantages of gambling with Zcash.
Zcash uses a technology called zk-SNARKs – proof with zero disclosure. To put it simply it basically means that the validity of each transaction is confirmed without sharing any details about the sender or receiver.
The transparency of the transactions meets the same level of transparency that Bitcoin provides, but with Zcash there you get to choose whether you want the transaction to be transparent or not.
All units have no usage history, so all coins are sold and traded at the same price.
Cheap and fast transactions
Zcash has transaction fees that are next to nothing. The cost of an average transaction fluctuates between $0.001- $0.002 or even less. Besides that, the transfer takes much less time than many other crypto coins do.
Get gambling with the best Zcash casinos
Now that you know of all the advantages that Zcash brings to gambling, we are sure we will see you at all the best Zcash casinos, raking in rewards you never deemed possible. Use all the tips of the trade we have provided you with and start your Zcash adventure.
Crypto casinos that offer Zcash gambling are definitely forward-thinking, as players are able to play securely, privately, and conveniently from the comfort of one platform. If you’re looking for a Bitcoin gambling rival, Zcash should be your go-to.