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The recent price increase of Dash is essentially a rebound; previously, ZEC was leading the pack, and other privacy coins couldn't keep up. Not to mention 300%-500% gains, even 50% takes effort. After several days of bullish candles, a correction has begun today. Breaking the $100 mark isn't a big challenge, but market sentiment needs a breather, a buffer to prepare for the next rally.
When it comes to privacy coins, we have to start with two veteran players.
Dash was launched in 2014, with its core focus being an improved payment tool—fast transactions combined with privacy protection. It operates on a dual-layer network: miners handle the underlying tasks maintaining the blockchain, while masternodes are responsible for instant transactions, coin mixing privacy, and decentralized governance. Currently, the emphasis is on optimizing the masternode system, advancing the Dash Platform development, including username services and decentralized storage, and expanding payment applications in Latin America.
ZEC entered the scene two years later, in 2016, emphasizing privacy first. It uses zero-knowledge proofs (zk-SNARKs) technology to protect transactions, encrypting sender, receiver, and amounts, but users can also opt for transparent transactions—privacy is optional. Zcash is now working on protocol upgrades, such as Halo 2 technology to improve scalability and simplify trusted setup, while building ecological applications and enterprise-grade compliant privacy solutions.
Both originate from Bitcoin's lineage and aim to enhance privacy and payment efficiency, but their technical approaches differ—Dash relies on a hybrid network and governance innovation, while ZEC depends on zero-knowledge proofs. Their current directions are quite similar, focusing on making user experience simpler while ensuring compliance.