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Ledger agrees to store ZCASH coins privately and untraceably
Ledger agrees to store ZCASH coins privately and untraceably
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Crypto Prune > News > Ledger agrees to store ZCASH coins privately and untraceably
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Ledger agrees to store ZCASH coins privately and untraceably

1 hour ago 2 Min Read

On January 12, Ledger confirmed an update regarding the integration of Zcash (ZEC) privacy features into its ecosystem. Development is focused on supporting shielded addresses (shielded) allows users to manage private transactions directly from the hardware.

According to the announcement, the technical team is currently migrating the Zcash application on Ledger to the Rust language, and is 60% complete. This transition is Mandatory requirements to guarantee security Check for functional equivalence before implementing Transaction Shielding on your existing wallet infrastructure.

Regarding the Ledger Live interface, the private balance sync flow has been validated using local nodes. These testing protocols are intended to ensure the stability of accounts secured in the desktop version before their official release to the general public.

To complement these privacy improvements, Ledger has plans. Enabling Zcash swap functionality By the end of January. This tool allows you to exchange ZEC within your application, subject to passing a final performance test.

What is Zcash Shield?

protocol Zcash Shield It is based on the use of private addresses (known as). Z address) Hide transaction data on the blockchain. Unlike transparent addresses, this system uses zero-knowledge cryptography (k-SNARK) to verify the legitimacy of a package without revealing the sender, recipient, or amount.

This technology keeps assets in a privacy pool, making the coin’s footprint technically untraceable to outside observers.

The integration into Ledger represents a significant advance, moving the processing of these complex cryptographic proofs into the secure environment of a physical chip, eliminating the exposure of personal data on connected devices.

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