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What is the difference?

Exchange Dogecoin to Zcash

What do you need to know?

  • ­The average time for exchanging DOGE to ZEC is no more than 1 minute
  • ­Only 4 DOGE blockchain confirmations is needed to complete the exchange

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What is Dogecoin?

Dogecoin is a decentralized Internet currency for settlements between network users. The token is developed on the Scrypt algorithm, based on the fork of the LTC coin, called Luckycoin.

The processing speed of transactions in the Dogecoin blockchain

One of the advantages of Doge is the very fast transaction processing speed compared to other cryptocurrencies. This is due to relatively simple mining, which allows for faster block processing. The block is created once a minute, that is, 2.5 times faster than LTC.

To make an exchange, 4 confirmations are required.

Dogecoin network fee

Dogecoin has one of the lowest fee rates, while it practically does not change even when transferring large amounts. The average commission is no more than $0.01.

Zcash the first truly anonymous cryptocurrency

Zcash — a decentralized cryptocurrency developed by Zerocoin Electric Coin Company in 2016. The main feature is the ability to send truly hidden payments, which provide a high level of security and anonymization. Since the Zero-Knowledge protocol is used, the blockchain does not get full open transaction information.

Address Types

There are 2 types of addresses: a z-address, which is protected by a zero-disclosure proof protocol and is anonymous, and a t-address, which is public. Today 95% of ZEC addresses are open.

Transaction processing speed on the Zcash blockchain

ZEC is a relatively fast blockchain. The average formation time of a new block is approximately 2.5 minutes, which is several times faster than Bitcoin. The developers plan to improve the software and even switch to a completely new blockchain in the future, reducing the complexity of mining. This will reduce the time to confirm one transaction to 1-5 minutes.

Zcash network fee

Cryptocurrency Zcash gained great popularity not only due to anonymity. Many users rated the extremely low fee on transfers. For example, for 2019, it did not exceed $0.0007, and the average figure was in the range of $0.0001.

exchange in 3 easy steps

  1. Enter the desired amount of Dogecoin and write your wallet address to receive currency.
  2. Click the "Exchange now" button and you will be taken inside your order.
  3. Send Dogecoin to the address from your order, after the required network confirmation, Zcash will be sent instantly.