Zcash
ZcashRank: # 15
Market Cap: $ 6,660,814,794
Volume (24hrs): $ 235,734,041
Circulating Supply: 16,791,066 ZEC
Price in BTC: Ƀ 0.00660105
Change (1 Hr): -0.88%
Change (7 Days): -15.62%
Change (30 Days): -28.59%
All Time High: $ 3,191.93
All Time High Date: October 29, 2016
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Zcash Coverter:
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| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- SecondFi targets two-week recovery after Cardano wallet exploitCointelegraph.com News - 10 hours agoSecondFi says it has completed forensic investigations, taken a final balance snapshot and is preparing to return assets.Cardano wallet SecondFi has identified a recovery path…
- EU lawmakers urge assessing DeFi, staking, NFT regulationCointelegraph.com News - 14 hours agoThe nonbinding report outlines Parliament’s vision for future EU crypto regulation and warns against national MiCA rules.The European Parliament’s economic affairs committee has urged the…
- Securitize expects to raise $400M ahead of public debutCointelegraph.com News - 17 hours agoSecuritize says less than 30% of shareholders in the acquisition firm taking it public elected to redeem, giving it an expected $400 million on its…
- Here’s what happened in crypto todayCointelegraph.com News - 17 hours agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and…
- SOL reclaims $72, but onchain data flags weakening momentumCointelegraph.com News - 19 hours agoSolana found strength from tokenized stock trading on its network, but a declining TVL and DEX volumes point to fading momentum. Key takeaways:Solana native token…
What is Zcash?
Zcash (ZEC) is a coin running on the Zcash blockchain. The main purpose of Zcash is to protect the privacy of its users. Zcash implements the "Zerocash" protocol which offers a high level of privacy. Using the Bitcoin's core code, Zcash implements the decentralized-anonymous-payment scheme. Although transactions are recorded on the blockchain, zero-knowledge succinct non-interactive arguments of knowledge (zk-SNARKs) protocol hide all information about the sender, receiver and amount of transaction. To verify a transactions, a "Zero-knowledge proof" protocol is used. Verification take place without revealing the sender or receiver and transaction size. These three pieces of information are recorded in an encrypted form on the blockchain and are not publicly accessible.
Zcash was founded by Zooko Wilcox, who is also the present CEO. He is known for his contribution to Digicash, ZRTP and SPHINCS. The team consists of 31 members and 6 advisors including Gavin Anderson and Vitalik Buterin. There are 4 members providing outside councilling for this project.
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