Cake Wallet Integrates Zcash support beyond Monero, allowing shielded addresses by default and transparent address rotation.
Alongside Zcash, Cake Wallet adds NEAR intents to allow cross-chain swaps.
Cake Wallet, a Monero- based privacy wallet has expanded its privacy offerings with native Zcash integration that allows shielded transactions by default, which positions the Cake Wallet as a broader privacy platform.
As per the official tweet posted on January 15 from Cake Wallet, Zcash support ensures anonymity is enabled by default to shielded addresses. With that, users can still select transparent addresses, though Cake Wallet adds a transparent address rotation functionality that creates a fresh Zcash address every time. Thereby, it decreases address reuse and on-chain traceability, and the technique improves user privacy.
1/ Zcash has officially joined the Cake family.
Here’s what’s new Zcash support — autoshielding, rotating t-addresses, background s
We współpracy z: https://thenewscrypto.com/cake-wallet-expands-privacy-stack-with-default-zcash-shielding/
