A recent social media post from user CruiseZodler has emphatically defended Zcash's (ZEC) privacy capabilities, directly addressing claims of a "backdoor" and asserting its cryptographic strength. The post highlighted Zcash's use of zero-knowledge proofs (zk-proofs) and the Zashi app as key components in achieving robust, shielded privacy, drawing a direct comparison to Monero (XMR).
"There's no backdoor. ZEC on Binance is like Bitcoin. Send it to @zashi_app and with one click it goes into the black hole of zk-proof shielded privacy that is stronger than the decoy privacy of XMR. It's not that difficult to understand," CruiseZodler stated in the tweet. This statement underscores the belief that Zcash offers a superior, untraceable privacy solution once funds enter its shielded pool.
Zcash employs zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) to enable its optional privacy features. This cryptographic method allows transaction details—such as sender, recipient, and amount—to be verified as valid without revealing the underlying information. While Zcash supports both transparent and shielded transactions, the Zashi app is designed to facilitate the seamless transition of ZEC into fully shielded, private transactions, promoting wider adoption of its core privacy technology.
The debate between Zcash and Monero often centers on their differing approaches to privacy; Zcash offers optional privacy with selective disclosure capabilities via "viewing keys," while Monero enforces mandatory privacy for all transactions. Critics sometimes misinterpret Zcash's optionality and viewing keys as a "backdoor" or vulnerability. However, proponents argue that fully shielded Zcash transactions are cryptographically secure, with the option to reveal details serving as a feature for compliance rather than a flaw.
The Electric Coin Company (ECC), the creators of Zcash, has consistently clarified that the privacy of shielded transactions relies on the strength of zk-SNARKs. While early trusted setup ceremonies for Zcash led to some misconceptions, these processes have been significantly decentralized and improved. The Zashi app, developed by ECC, aims to simplify the user experience for shielded ZEC, making it easier for users to leverage Zcash's strong privacy guarantees.