Pre-migration documentation. This site reflects the pre-migration state of the protocol. It’s mostly current, but a few edges may not match ZERA at launch. We’re finalizing the new, detailed ZERA docs now. Thanks for your patience.
The Privacy Problem
Why Traditional Cryptocurrencies Reveal Everything
Traditional cryptocurrencies like Bitcoin were designed to be transparent, but this transparency comes at a huge cost to privacy.
The Address Linking Problem
Even if you use different addresses, sophisticated analysis can link them together. Companies and governments can use blockchain analysis tools to:
- Track money as it moves between addresses
- Identify patterns that reveal the same person owns multiple addresses
- Build profiles of users based on their transaction history
- De‑anonymize supposedly anonymous transactions
Zero‑knowledge cash solves these privacy problems by using advanced cryptography to create private transactions that are still verifiable. You can prove a transaction is valid without revealing the details that make it valid.
- Your balance remains private — no one can see how much money you have
- Transaction amounts are hidden — only you know how much you're sending
- No transaction history — your financial past stays private
- Still verifiable — the network can confirm transactions are valid
The Privacy Problems
Why This Matters
The Transparency Trap
When Bitcoin was created, the idea of a public ledger was revolutionary. Everyone could see every transaction, making it hard to cheat the system. But this transparency has a dark side: complete financial surveillance.
What Traditional Cryptocurrencies Reveal
With Bitcoin and similar cryptocurrencies, every transaction is permanently recorded on a public blockchain that anyone can view. This means:
- Your wallet balance is visible to everyone
- Every transaction you've ever made is public
- Who you've sent money to and received money from
- When you made transactions and how much
- Your spending patterns and financial behavior
Imagine if your bank account was completely public. Anyone could see:
Your employer can see your salary and spending habits
Your landlord can see your rent payments and financial stability
Advertisers can target you based on your spending patterns
Criminals can see you have money and target you for theft