Zcash
ZcashRank: # 35
Market Cap: $ 5,712,441,616
Volume (24hrs): $ 765,315,830
Circulating Supply: 16,359,231 ZEC
Price in BTC: Ƀ 0.00313918
Change (1 Hr): -2.53%
Change (7 Days): 44.92%
Change (30 Days): 400.34%
All Time High: $ 3,191.93
All Time High Date: October 29, 2016
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- Ondo tokenizes over 100 US stocks and ETFs on BNB ChainCointelegraph.com News - 24 minutes agoMore than 3.4 million daily users of BNB Chain now have access to over 100 tokenized stocks and ETFs on Wall Street after the latest…
- Bitchat hits No. 2 on app charts in Jamaica as Hurricane Melissa strikesCointelegraph.com News - 1 hour agoDownloads for decentralized messaging app Bitchat has surged in Jamaica as 185-mile-per-hour winds batter the Caribbean, cutting off communication. Jamaicans have rushed to download Jack…
- Here’s what happened in crypto todayCointelegraph.com News - 1 hour agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3…
- Mastercard in talks to acquire zerohash for nearly $2B: ReportCointelegraph.com News - 2 hours agoThe potential acquisition would mark one of Mastercard’s largest crypto bets yet, expanding its stablecoin and tokenization infrastructure amid growing competition. Mastercard is reportedly in…
- Securitize, BNY Mellon launch tokenized fund backed by structured creditCointelegraph.com News - 2 hours agoSecuritize and BNY Mellon are bringing AAA-rated collateralized loan obligations onchain, with Grove planning a $100M anchor as institutional demand for tokenized assets grows. Securitize,…
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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