> For the complete documentation index, see [llms.txt](https://anonverse.gitbook.io/anonverse/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://anonverse.gitbook.io/anonverse/v.cash/introduction-of-v.cash.md).

# Introduction of V.Cash

![](/files/2gnj9duZjmTCZAWh3Xqa)

**V.Cash** is a **fully decentralized** **non-custodial** **protocol** allowing private transactions in the crypto-space.

As a decentralized protocol, Anonverse smart contracts have been implemented within the **Binance Smart Chain**

 blockchain which makes them immutable. They can neither be changed or tampered with. Therefore, nobody - including initial developers - can modify or shut them down. All governance and mining smart contracts are deployed by the community in a decentralized manner.

As a non-custodial protocol, users keep custody of their cryptocurrencies while operating **V.Cash**. Indeed, at each deposit, they are provided with the private key enabling the access to the deposited funds, which gives users complete control over their assets.

### How privacy is achieved?

**V.Cash** improves transaction privacy by breaking the on-chain link between source and destination addresses. It uses a smart contract that accepts BNB & other tokens deposits from one address and enable their withdrawal from a different address.

To preserve privacy, few good practices are in order, such as the use of a relayer for gas payments to withdraw funds towards an address with no pre-existing balance.

### **How does V.Cash run?**

Codes behind **V.Cash** functioning - smart contacts, circuits & toolchain - are fully **open sourced.** Working as a DAO (Decentralized Autonomous Organization), **V.Cash** governance and mining smart contracts are deployed by its community.

The protocol also functions with zk-SNARK, which enables zero-knowledge proofs allowing users to demonstrate possession of information without needing to reveal it. The use of this technology is based **on open source research made by Zcash team with the help of Ethereum community**. 

User interface is hosted on **IPFS** (InterPlanetary File System) by the community, minimizing risks of data being deleted. Indeed, the interface will work as long as at least one user is hosting it.