Zcash
ZcashRank: # 16
Market Cap: $ 6,698,251,385
Volume (24hrs): $ 1,259,818,956
Circulating Supply: 16,751,385 ZEC
Price in BTC: Ƀ 0.00638212
Change (1 Hr): 2.46%
Change (7 Days): -26.85%
Change (30 Days): -29.77%
All Time High: $ 3,191.93
All Time High Date: October 29, 2016
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- Bitcoin most oversold since 2020 crash: Can BTC rebound to $70K next?Cointelegraph.com News - 17 hours agoBitcoin’s latest oversold RSI mirrors 2020 and February 2026 setups that preceded 50% and 30% rebounds, putting $70K back in focus.Bitcoin (BTC) is now flashing…
- ETH falls to 13-month low on Zcash bug news and Bitcoin drop to sub-$60K: Is $1.4K next?Cointelegraph.com News - 1 day agoETH price crashed below $1,600 as a vulnerability in Zcash emerged and Bitcoin sold off below $60,000 for the first time in months. Key takeaways:Ether…
- Travala lets AI agents book hotels with USDC on BaseCointelegraph.com News - 1 day agoTravala’s new protocol lets AI agents search and book hotels with USDC on Base, but travelers still approve the final payment.Singapore-based crypto travel platform Travala…
- Crypto tax proposals weighed ahead of Tuesday House hearingCointelegraph.com News - 1 day agoAmong the issues US lawmakers are expected to discuss in a digital asset taxation hearing are “de minimis” reporting exceptions for crypto transactions.The US House…
- Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?Cointelegraph.com News - 1 day agoBitcoin bears piled into short positions as BTC price slid to $60,000. Will the $2.6 billion in short leverage lead to an upside squeeze? Key…
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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