Sentences with phrase «viewable by an observer»

According to Zcash's blockchain, as of writing, only an approximate 5.05 % of funds are held in z - addresses (private addresses utilizing zero - knowledge proofs to ensure privacy)-- on the contrary, a majority of Zcash transactions are not private, and are easily viewable by an observer.

The Bitcoin blockchain is completely transparent; every transaction, its history, and the amount being sent or received is public and easily viewable by an observer.