ZEC Wallet Web: Why Instant Conversion-to-Stablecoin Workflows Require Transparent Address Intermediates (Privacy Trade-off Analysis)
A Zcash user holding ZEC in a shielded address faces a practical dilemma when converting to fiat currency quickly. Most regulated exchanges, market makers, and on/off ramps require deposit addresses that are transparently traceable on the public ledger. The user can send shielded ZEC to a transparent address—their own,...