I commend fryguy for trying. People with PhD's in computer science have trouble figuring out how Zcash works. It seems to require a very strong mathematics bac

I commend fryguy for trying. People with PhD's in computer science have trouble figuring out how Zcash works. It seems to require a very strong mathematics background and it's an order of magnitude more complicated than Bitcoin. I don't think that you're going to get a good ELI5 for it for a while. Zcash is based on Zerocash. In case you ever want to feel like a simpleton: http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf http://zerocash-project.org/media/pdf/zerocash-extended-2014...