Zcash
ZcashRank: # 18
Market Cap: $ 10,073,434,263
Volume (24hrs): $ 1,773,125,001
Circulating Supply: 16,383,381 ZEC
Price in BTC: Ƀ 0.00680122
Change (1 Hr): -1.09%
Change (7 Days): 32.24%
Change (30 Days): 146.27%
All Time High: $ 3,191.93
All Time High Date: October 29, 2016
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- Why Kohaku is central to Ethereum’s 2025 privacy shiftCointelegraph.com News - 38 minutes agoKohaku brings practical privacy to Ethereum wallets with safer recovery, private modes and shared standards designed for real-world use. When Vitalik Buterin walked on stage…
- Here’s what happened in crypto todayCointelegraph.com News - 51 minutes 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…
- HSBC to bring tokenized deposits to US and UAE as stablecoin race heats upCointelegraph.com News - 1 hour agoHSBC is the latest megabank to double down on tokenized deposits versus stablecoins by preparing for new launches in the US and the UAE next…
- Ethereum’s Fusaka fork explained for dummies: What the hell is PeerDAS?Cointelegraph.com News - 1 hour agoHow Ethereum’s Fusaka upgrade scales the L1 and the L2s — explained for ordinary crypto fans without the usual baffling technical jargon. After three successful…
- Kenya’s new crypto law faces stress test as Bitcoin ATMs appear in mallsCointelegraph.com News - 2 hours agoKenyan regulators say no crypto firms are licensed under the new VASP Act and warn that providers claiming approval are doing so illegally. Bitcoin ATMs…
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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