t-address (zcash)
The t address (Transparent)
The t address, also known as a transparent address, is a standard Zcash wallet address that allows for public sending and receiving of funds. Transactions using the t address are visible publicly on the Zcash blockchain, meaning that the sender’s address, the receiver’s address, and the transaction amount are visible to all participants in the network.
The t address is particularly useful when you want to make transactions that do not require anonymity and can freely share information about them with other users.
The Z address (Private)
Unlike transparent addresses, z addresses (encrypted) are fully private and provide users with complete anonymity. By using complex mathematical cryptographic techniques, transactions made using z addresses are fully encrypted, meaning they are visible only to the sender and the receiver.
Z addresses are ideal for situations where full privacy and transaction anonymity are required, for example when sending a large amount of funds or sensitive information.
Summary
The choice between the t address and the z address gives Zcash users the ability to tailor the level of privacy to their needs. The t address ensures transaction transparency, while the z address guarantees complete anonymity. This unique feature of Zcash is popular among those seeking a high level of privacy in cryptocurrency transactions.