The Zcash deposit addresses issued on the Gemini platform are transparent (t-addresses) and start with a "t".
Types of Zcash Addresses
The Zcash network features two primary types of addresses:
- Transparent Addresses (t-addresses):
These are public addresses used by most wallets and centralized platforms like Gemini. They start with a "t." - Shielded Addresses (z-addresses):
These are private addresses that offer enhanced privacy through encryption. They start with a "z."
Zcash Transaction Types
ZEC can be sent between transparent and shielded addresses, resulting in four types of transactions:
- Public: Transparent address → Transparent address
- Shielding: Transparent address → Shielded address
- Deshielding: Shielded address → Transparent address
- Shielded/Private: Shielded address → Shielded address
Recipients of a shielded or deshielding transaction do not learn about the sender's address through the transaction receipt in their wallet. The receivers only learn the value sent to their address(es).