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Zcash explains Sapling on their blog, saying:
“Sapling is a network upgrade that introduces significant efficiency improvements for shielded transactions that will pave the way for broad mobile, exchange and vendor adoption of Zcash shielded addresses…Payments involving the new Sapling z-addresses can be constructed in as little as a few seconds and with only 40 megabytes of memory. Exchanges, mobile wallet providers, vendors and other 3rd parties will now be able to support shielded addresses. The increased use of shielded addresses will improve the effective privacy for the entire network.”