{"id":574940,"date":"2024-02-14T04:00:11","date_gmt":"2024-02-14T04:00:11","guid":{"rendered":"https:\/\/uniquehot.com\/?p=574940"},"modified":"2024-06-11T07:05:40","modified_gmt":"2024-06-11T07:05:40","slug":"zcash-to-enhance-user-protection-with-privacy-focused-partnership","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/zcash-zec\/zcash-to-enhance-user-protection-with-privacy-focused-partnership\/","title":{"rendered":"Zcash To Enhance User Protection With Privacy-Focused Partnership"},"content":{"rendered":"<p>A partnership between privacy-focused projects Nym and Zcash was recently announced. The partnership aims to address some persisting issues in the sector to enhance <a href=\"https:\/\/uniquehot.com\/news\/solana\/solana-enhances-privacy-offerings-as-sols-uptrend-persists-with-4-gains\/\" target=\"_blank\" rel=\"noopener \">user protection and data privacy<\/a> in the Zcash ecosystem.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/new-milestone-for-google-and-multiversx-partners-launch-new-data-integration\/\" target=\"_blank\" rel=\"noopener \">New Milestone For Google And MultiversX, Partners Launch New Data Integration<\/a><\/div>\n<h2 style=\"font-weight: 400\">Data Leakage, A Challenging Issue<\/h2>\n<p style=\"font-weight: 400\">Electric Coin Company (ECC), the Zcash development organization, is collaborating with Nym, a privacy blockchain project focused on enhancing data confidentiality. The collaboration is possible through a Zcash Community Grants (ZCG) grant, as the project\u2019s team announced on its X (former Twitter) account.<\/p>\n<p style=\"font-weight: 400\">The partnership aims to address challenging user protection issues by integrating Nym\u2019s mixnet into the Zcash ecosystem. Integrating with the Zcash light client libraries would allow the wallet developers to implement Nym mixnet\u2019s privacy protection at their discretion.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/6 \ud83c\udf89\u00a0Nym is happy to announce a grant from Zcash Community Grants to integrate the Nym mixnet with Zcash, and enhance privacy for Zcash users by protecting against metadata leaks.<\/p>\n<p>&mdash; Nym (@nymproject) <a href=\"https:\/\/twitter.com\/nymproject\/status\/14968203?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 13, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"font-weight: 400\">The goal, as the <a href=\"https:\/\/blog.nymtech.net\/nym-begins-integration-for-complete-privacy-protection-on-zcash-ecosystem-7452d1ea7141\" target=\"_blank\" rel=\"noopener nofollow\">announcement<\/a> explains, is for the integration process of Nym and Zcash to fill the gap in the network layer. \u00a0This gap allows the metadata of user\u2019s transactions to be traceable and leaves the data vulnerable, which then presents a privacy problem for users, as the post explains:<\/p>\n<blockquote>\n<p style=\"font-weight: 400\">Powerful adversaries can analyze traffic patterns such as the stream of TCP\/IP packets used to submit transactions, which can then be used to de-anonymize users. ISPs can snoop on traffic patterns to passively record Zcash activity. And the growing crypto surveillance industry can passively spy on peer-to-peer traffic, as well as conduct active attacks.<\/p>\n<\/blockquote>\n<p style=\"font-weight: 400\">Nym will work with Zcash\u2019s already existing privacy-preserving infrastructure to \u201chelp provide an end-to-end protected solution for users\u2019 privacy. <a href=\"https:\/\/uniquehot.com\/analysis\/zec\/privacy-for-all-brave-to-integrate-zcash-protocol-on-native-crypto-wallet\/\" target=\"_blank\" rel=\"noopener \">Zcash uses zero-knowledge proofs<\/a> to secure transaction privacy, but \u201ceven advanced privacy protections like Zcash\u2019s auto-shielding feature are vulnerable at the network later.\u201d<\/p>\n<p style=\"font-weight: 400\">The Nym mixnet is a technology that prevents government, corporate, and criminal surveillance adversaries from tracing metadata by encrypting user data into sphinx packets and dispersing them across global \u2018mix nodes\u2019, making metadata patterns untraceable and ensuring online privacy:<\/p>\n<blockquote>\n<p style=\"font-weight: 400\">The mixnet achieves this by splitting data into identically sized encrypted Sphinx packets and dispersing these in three hops to \u2018mix nodes\u2019 worldwide at randomized intervals. Next, the mixnet shuffles in dummy \u2018cover\u2019 traffic, further complicating tracing. Together these features make tracking metadata patterns impossible even for powerful adversaries with a global view of the network.<\/p>\n<\/blockquote>\n<h2 style=\"font-weight: 400\">A Shared Vision: Privacy For Everyone<\/h2>\n<p style=\"font-weight: 400\">Nym and Zcash are privacy-focused projects that protect users\u2019 rights to their personal information and transaction data. \u201cIt is an alienable right to a dignified life free from gross intrusion and interference,\u201d said Harry Halpin, cofounder and CEO at Nym Technologies.<\/p>\n<p style=\"font-weight: 400\">Halpin also commented on the state of the digital realm regarding privacy matters. The CEO believes that although intrusion and interference are the \u201cnormal state of affairs,\u201d a change is needed. \u201cWith this groundbreaking integration, Nym and Zcash are working to make real privacy online a reality,\u201d he concluded.<\/p>\n<p style=\"font-weight: 400\">Josh Swihart, CEO of ECC, expressed his positive outlook on the partnership, reaffirming that network-level privacy has been a \u201cmissing piece since Zcash\u2019s inception.\u201d He believes that privacy ecosystems coming together will only \u201cdeepen protections from everyday users to protect their financial privacy.\u201d<\/p>\n<p style=\"font-weight: 400\">Global regulators have scrutinized privacy-focused projects and accused them of enabling criminal activity. Last year, Zcash (ZEC), alongside other privacy coins like Monero (XMR), was announced to be delisted from Binance, the largest crypto exchange in the world, in four European countries. Similarly, Binance <a href=\"https:\/\/uniquehot.com\/news\/monero\/monero-plummets-following-major-crypto-exchange-delisting-are-more-losses-imminent\/\" target=\"_blank\" rel=\"noopener \">recently announced<\/a> its plan to delist Moreno in the US amid regulatory pressure.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/analysis\/xmr\/what-is-monero-xmr-network\/\" target=\"_blank\" rel=\"noopener \">What Is Monero (XMR) Network?<\/a><\/div>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-574944 aligncenter\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/ZECUSDT_2024-02-13_14-00-11.png?resize=1023%2C518\" alt=\"ZEC, ZECUSDT, Zcash, Crypto\" width=\"1023\" height=\"518\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/ZECUSDT_2024-02-13_14-00-11.png?w=1023 1023w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/ZECUSDT_2024-02-13_14-00-11.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/ZECUSDT_2024-02-13_14-00-11.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/ZECUSDT_2024-02-13_14-00-11.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/02\/ZECUSDT_2024-02-13_14-00-11.png?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<pre style=\"text-align: center\">ZEC is trading at $20.71 in the hourly chart. Source: ZECUSDT on <a href=\"https:\/\/www.tradingview.com\/x\/igiRk1iC\/\" target=\"_blank\" rel=\"noopener nofollow\">tradingview.com<\/a><\/pre>\n<div class=\"disclaimer-shortcode\">Feature image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A partnership between privacy-focused projects Nym and Zcash was recently announced. The partnership aims to address some persisting issues in the sector to enhance user protection and data privacy in the Zcash ecosystem. Related Reading: New Milestone For Google And MultiversX, Partners Launch New Data Integration Data Leakage, A Challenging Issue Electric Coin Company (ECC), the Zcash development organization, is collaborating with Nym, a privacy blockchain project focused on enhancing data confidentiality. The collaboration is possible through a Zcash Community Grants (ZCG) grant, as the project\u2019s team announced on its X (former Twitter) account. The partnership aims to address challenging user protection issues by integrating Nym\u2019s mixnet into the Zcash ecosystem. Integrating with the Zcash light client libraries would allow the wallet developers to implement Nym mixnet\u2019s privacy protection at their discretion. The goal, as the announcement explains, is for the integration process of Nym and Zcash to fill the gap in the network layer. \u00a0This gap allows the metadata of user\u2019s transactions to be traceable and leaves the data vulnerable, which then presents a privacy problem for users, as the post explains: Powerful adversaries can analyze traffic patterns such as the stream of TCP\/IP packets used to submit transactions, which can then be used to de-anonymize users. ISPs can snoop on traffic patterns to passively record Zcash activity. And the growing crypto surveillance industry can passively spy on peer-to-peer traffic, as well as conduct active attacks. Nym will work with Zcash\u2019s already existing privacy-preserving infrastructure to \u201chelp provide an end-to-end protected solution for users\u2019 privacy. Zcash uses zero-knowledge proofs to secure transaction privacy, but \u201ceven advanced privacy protections like Zcash\u2019s auto-shielding feature are vulnerable at the network later.\u201d The Nym mixnet is a technology that prevents government, corporate, and criminal surveillance adversaries from tracing metadata by encrypting user data into sphinx packets and dispersing them across global \u2018mix nodes\u2019, making metadata patterns untraceable and ensuring online privacy: The mixnet achieves this by splitting data into identically sized encrypted Sphinx packets and dispersing these in three hops to \u2018mix nodes\u2019 worldwide at randomized intervals. Next, the mixnet shuffles in dummy \u2018cover\u2019 traffic, further complicating tracing. Together these features make tracking metadata patterns impossible even for powerful adversaries with a global view of the network. A Shared Vision: Privacy For Everyone Nym and Zcash are privacy-focused projects that protect users\u2019 rights to their personal information and transaction data. \u201cIt is an alienable right to a dignified life free from gross intrusion and interference,\u201d said Harry Halpin, cofounder and CEO at Nym Technologies. Halpin also commented on the state of the digital realm regarding privacy matters. The CEO believes that although intrusion and interference are the \u201cnormal state of affairs,\u201d a change is needed. \u201cWith this groundbreaking integration, Nym and Zcash are working to make real privacy online a reality,\u201d he concluded. Josh Swihart, CEO of ECC, expressed his positive outlook on the partnership, reaffirming that network-level privacy has been a \u201cmissing piece since Zcash\u2019s inception.\u201d He believes that privacy ecosystems coming together will only \u201cdeepen protections from everyday users to protect their financial privacy.\u201d Global regulators have scrutinized privacy-focused projects and accused them of enabling criminal activity. Last year, Zcash (ZEC), alongside other privacy coins like Monero (XMR), was announced to be delisted from Binance, the largest crypto exchange in the world, in four European countries. Similarly, Binance recently announced its plan to delist Moreno in the US amid regulatory pressure. Related Reading: What Is Monero (XMR) Network? ZEC is trading at $20.71 in the hourly chart. Source: ZECUSDT on tradingview.com Feature image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":574951,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[92558],"tags":[91641,16246,7835,10048,85639],"class_list":["post-574940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-zcash-zec","tag-crypto-privacy","tag-cypherpunk","tag-zcash","tag-zec","tag-zecusdt"],"acf":[],"yoast_head":"\n<title>Zcash To Enhance User Protection With Partnership<\/title>\n<meta name=\"description\" content=\"Zcash and Nym has recently partnered to enhance users privacy protection htrough the integration of Nym&#039;s mixnet into the Zcash ecosystem.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.\",\"url\":\"https:\/\/uniquehot.com\/author\/rubmargarcia\/\"}]}<\/script>\n","yoast_head_json":{"title":"Zcash To Enhance User Protection With Partnership","description":"Zcash and Nym has recently partnered to enhance users privacy protection htrough the integration of Nym's mixnet into the Zcash ecosystem.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/zcash-zec\/zcash-to-enhance-user-protection-with-privacy-focused-partnership\/","og_locale":"en_US","og_type":"article","og_title":"Zcash To Enhance User Protection With Partnership","og_description":"Zcash and Nym has recently partnered to enhance users privacy 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Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. 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