Zcash
ZcashRank: # 10
Market Cap: $ 22,335,290,277
Volume (24hrs): $ 796,284,661
Circulating Supply: 17,010,174 ZEC
Price in BTC: Ƀ 0.01620333
Change (1 Hr): 0.28%
Change (7 Days): 3.58%
Change (30 Days): -15.55%
All Time High: $ 3,191.93
All Time High Date: October 28, 2016
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- News
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- Discord is making public chats searchable on Google: How to opt outCointelegraph.com News - 8 hours agoDiscord conversations on large public servers will soon reach audiences far beyond their communities, raising privacy concerns. Discord is making a policy change that will…
- VanEck launches diversified ETF combining stocks, bonds and Bitcoin exposureCointelegraph.com News - 11 hours agoVanEck’s new Wealth Builder ETF targets a 2% Bitcoin allocation, with a permitted range of 1% to 5%, gaining exposure through a spot Bitcoin ETP.US…
- Intel, IBM, Oracle and IonQ latest to object to OKX-ICE tokenized stocksCointelegraph.com News - 11 hours agoMore than 40% of the companies initially proposed to have their stocks listed in tokenized form have asked to opt-out.Four companies have joined the list…
- Quantum fears already limiting Bitcoin’s growth, Stacks founder saysCointelegraph.com News - 12 hours agoSpeaking on Cointelegraph’s Chain Reaction podcast, Muneeb Ali warned that uncertainty over Bitcoin’s quantum security could deter institutional investors.Concerns about quantum computing are slowing institutional…
- Ripple, Robinhood expand partnership to bring RLUSD to retail and institutional marketsCointelegraph.com News - 12 hours agoRipple also expanded its collaboration with BNY on digital asset custody and partnered with C2FO to bring trade finance settlement onto the XRP Ledger.Ripple and…
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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