Privacy coins compared: Monero and Zcash
Monero and Zcash differ on privacy by default
This article compares Bitcoin, Monero and Zcash. The source material gives specific details about Monero and Zcash.
Monero requires privacy mechanisms for ordinary transfers. Zcash supports both transparent and shielded modes.
Key points from the source
- Monero requires privacy mechanisms for ordinary transfers.
- Zcash supports transparent and shielded modes.
- Neither coin erases an exchange's identity records.
What the source confirms about each coin
Monero uses privacy mechanisms as a requirement for ordinary transfers. Zcash offers a choice between transparent and shielded modes.
Transparent mode is presented as distinct from shielded mode in the source. The source does not provide further detail on how those modes work.
Exchange identity records remain separate
Neither Monero nor Zcash erases an exchange's identity records. An exchange is a platform where users buy and sell crypto.
This means the privacy approach of the coin does not remove records held by an exchange.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.