Transarent & Private BitcoinZ Addresses

When it comes to cryptocurrency, being able to trace a specific transaction can prove to be useful in certain situations, but on the other hand privacy matters when utilizing a 100% non-traceable transaction you make sure that neither your pseudo-anonymous address nor your transaction details can be viewed or traced publicly. This is one of the reasons why the community behind BitcoinZ developed the feature of two different addresses on the BTCZ network.

Transparent Address

A transparent BitcoinZ address is public address like Bitcoin or Bitcoin cash which are pseudo-anonymous currencies that are in fact traceable with enough time and resources. All transparent BitcoinZ addresses start with the letter "t".

Example:
t1YUoD5yUSncgt8mY9FaKrmnyeBbhqgR1XH

Private Address

The technology behind BitcoinZ draws from the successful ZCash and utilizes "Zero Knowledge Proof" or "Zero-Knowledge Succinct Non-Interactive Argument of Knowledge" also known as zkSNARKs. This technology allows users the choice to send currency to another users without leaving any signature of where the money is coming from, therefore making the transaction completely anonymous.

Example:
zcDFnb1Cp2hzvN2LzNq4Ug9nAKrwAtCFwWv4Ve2w25KKQJtoPFhsBRcsV41pZ95nwH317JJBeTYdYa6PPuga7qVaFQxhHqG

To get your own transparent or private address check out this BitcoinZ address generator.