{
  "schema": "money2046.onchain.v1",
  "rule": "Each /onchain analysis publishes one ratio, risk, quality, or calendar reading for an agent about to move money or take a position. It does not publish a volume, TVL, market-cap, dominance, or top-N board. Missing or failed inputs fail closed to INSUFFICIENT_EVIDENCE. OK is a reading with sources, method, confidence, and limitations — not a VERIFIED_FRESH settlement.",
  "slug": "zcash-shielded-adoption",
  "question": "What share of ZEC activity is shielded?",
  "why_agent": "Counterparty and settlement privacy.",
  "metric_kind": "ratio",
  "value": {
    "shieldedActivityShare": "0.0175",
    "priorShieldedActivityShare": "0.0135",
    "trendDelta": "0.0039",
    "currentWindow": {
      "fromBlock": 3508441,
      "toBlock": 3508521
    },
    "priorWindow": {
      "fromBlock": 3474091,
      "toBlock": 3474171
    },
    "history": [
      {
        "at": "2025-11-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0000"
      },
      {
        "at": "2025-12-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0909"
      },
      {
        "at": "2026-01-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0337"
      },
      {
        "at": "2026-02-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0500"
      },
      {
        "at": "2026-03-01T00:00:00.000Z",
        "shieldedActivityShare": "0.1126"
      },
      {
        "at": "2026-04-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0609"
      },
      {
        "at": "2026-05-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0000"
      },
      {
        "at": "2026-06-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0126"
      },
      {
        "at": "2026-07-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0666"
      },
      {
        "at": "2026-08-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0285"
      },
      {
        "at": "2026-09-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0000"
      },
      {
        "at": "2026-10-01T00:00:00.000Z",
        "shieldedActivityShare": "0.0000"
      }
    ]
  },
  "unit": "share",
  "as_of": "2026-10-06T16:42:01.556Z",
  "sources": [
    {
      "name": "Blockchair Zcash transactions",
      "url": "https://api.blockchair.com/zcash/transactions"
    }
  ],
  "method_url": "/onchain/zcash-shielded-adoption/#method",
  "confidence": "low",
  "limitations": [
    "This is the share of sampled non-coinbase transactions that touch a shielded input, output, join-split, or a non-zero shielded value delta. It is activity, not the shielded pool's share of ZEC stock.",
    "Sapling and orchard chain value are not on the free Blockchair chain-stats feed. zcha.in did not answer. Pool stock stays unmeasured rather than invented.",
    "Coinbase (issuance) is excluded from both sides.",
    "Each window is a bounded Blockchair page sample of a pinned block span, not every transaction in the span.",
    "A monthly point is one Blockchair page near the start of that month. It is not every transaction in the month."
  ],
  "status": "OK"
}
