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Zcash developers want to launch an L1 protocol for compatibility with the Ethereum Virtual Machine (EVM).
The Z Protocol (the project's working title) will enable a number of custom use cases within the Zcash Bitcoin fork. All transactions on the network will be private by default, and security will be ensured by Bitcoin miners via the Satoshi Plus consensus mechanism (used in the Core blockchain). Participants in the latter will receive a bonus allocation during a potential Z token airdrop, according to the announcement.