There isn't anything in ZeroCash that I would describe as a derivative instrument.
The super-simplified explanation I would give is that it lets you encrypt the content of your transactions and prove just enough properties about the encrypted data so that the network can tell that the the transactions as valid without actually revealing any of the private specifics.
There isn't anything in ZeroCash that I would describe as a derivative instrument.
The super-simplified explanation I would give is that it lets you encrypt the content of your transactions and prove just enough properties about the encrypted data so that the network can tell that the the transactions as valid without actually revealing any of the private specifics.