X @Cointelegraph

NEAR Intents & Zcash Integration - NEAR Intents facilitated cryptocurrency swaps, exemplified by Zcash, addressing challenges like exchange withdrawal pauses [1][2] - NEAR Intents technology allows users to swap almost any cryptocurrency pair without relying on a single party [1][2] - NEAR Intents splits cryptocurrency swaps (e g, Bitcoin to Zcash) into multiple trades, leveraging active solvers and pairs like ZEC-NEAR and USD-ZEC [2] Technical Functionality - NEAR Intents provides users with a quote for the final amount of Zcash they will receive, encoding the trade details into a specific address [3] - Solvers execute the trade by withdrawing from NEAR into Zcash once the deposit is credited to the specified address [3] - NEAR Intents simplifies cryptocurrency swaps, similar to how Uber connects users with drivers [4] Future Implications - Intent-based architecture, as demonstrated by NEAR Intents, represents a significant advancement in wallet technology [3] - NEAR Intents can swap coins to BTC or enhance privacy, performing the "heavy lifting" for users [4]