Cake Wallet has integrated Zcash (ZEC) into its platform as of February 2025, enhancing its privacy offerings for digital asset users. Known for its Monero (XMR) support, Cake Wallet now defaults to Zcash's shielded transactions, which encrypt both addresses and transaction amounts, maintaining high privacy standards. The integration also includes NEAR Intents, a feature for privacy-preserving cross-chain swaps, allowing asset exchanges across blockchains without compromising privacy. The integration utilizes zk-SNARKs technology, enabling transaction validation without revealing sender, receiver, or amount details. Cake Wallet's architecture ensures automatic privacy protection for all Zcash transfers, with features like automatic shielding and multi-signature support. Following the integration, Zcash trading volume rose by 18%, and Cake Wallet downloads increased by 34%, indicating strong market demand for integrated privacy solutions.
Cake Wallet Integrates Zcash to Enhance Privacy Features
This content is for informational purposes only and does not constitute investment advice.
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