Is Zcash traceable?
Shielded Zcash transactions are encrypted, and users' addresses, their transaction amount, and memo field are completely private.
If you use a shielded Zcash address to send and receive ZEC, your transaction history and wallet balance are not traceable. It’s like spending cash at a grocery store: There’s no publicly viewable record of where that money came from or who spent it. If you use a transparent Zcash address, then your holdings and financial history are publicly available (like Bitcoin). Some Zcash wallets now autoshield funds they receive from transparent addresses.
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