The majority of existing cryptocurrencies, including Bitcoin and Ethereum, have transparent blockchains. Transactions can be verified and/or traced by anyone in the world. This means that the sending and receiving addresses of these transactions could potentially be linked to real-world identities.
Zent Cash, on the other hand, uses various technologies to ensure the privacy of its users.
Unlike selectively transparent alternatives (e.g. Zcash), Zent Cash is the only major cryptocurrency where every user is anonymous by default. The sender, receiver, and amount of every single transaction are hidden through the use of three important technologies: Stealth Addresses, and Ring Signatures.
Because every transaction is private, Zent Cash cannot be traced. This makes it a true, fungible currency. Merchants and individuals accepting Zent Cash do not need to worry about blacklisted or tainted coins.
With Zent Cash, there are no wire transfer or check clearing fees, no multi-day holding periods, and no fraudulent chargebacks. Because Zent Cash is decentralized, it is not constrained by any particular legal jurisdiction and provides safety from capital control.
The Zent Cash Project is at the forefront of cryptocurrency privacy and security. Its Research Lab and Development Team are constantly working on new, innovative technologies.