Confidential ZEC trading goes live on Shield

Traders can now buy, sell, and provide liquidity for ZEC while keeping their identity, portfolio, and trading strategies confidential. Shield has launched the first confidential onchain trading pair for ZEC, allowing users to manage their Zcash alongside other assets in its non-custodial wallet. The new pair gives ZEC holders access to a confidential, non-custodial AMM where they can buy, sell, and provide liquidity without publishing their wallet activity to the market. The launch expands Shield’s supported markets through its concentrated-liquidity AMM on Aleo. With this launch, Shield adds ZEC support to its non-custodial wallet, allowing users to manage the asset alongside their other supported holdings. Zcash launched in October 2016 with support for transparent and shielded transactions. Transparent addresses work much like Bitcoin addresses. Their balances and transaction histories are publicly visible. Shielded transactions encrypt the sender, recipient, and amount, while allowing the network to verify that each transaction follows its rules. Zcash was the first widespread application of zkSNARKs, demonstrating that a decentralized network could verify transactions without ...