Zcash
ZcashRank: # 19
Market Cap: $ 6,060,617,036
Volume (24hrs): $ 608,544,235
Circulating Supply: 16,676,489 ZEC
Price in BTC: Ƀ 0.00468593
Change (1 Hr): 0.84%
Change (7 Days): 11.75%
Change (30 Days): 57.54%
All Time High: $ 3,191.93
All Time High Date: October 29, 2016
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- Strategy stock beats Bitcoin after rising 25% in a month: BTC bottom in?Cointelegraph.com News - 7 hours agoHistorically, MSTR’s outperformance signals traders are taking more risk, betting Bitcoin’s worst drawdown phase may be over.Strategy’s MSTR stock has jumped roughly 25% over the…
- China’s new online marketing rules tighten ban on crypto promotionsCointelegraph.com News - 8 hours agoChina’s new online marketing rules tighten an already sweeping crypto ban and place fresh pressure on financial influencers, echoing parallel crackdowns in Europe, Australia and…
- ECB signs standards deals to cut digital euro integration costsCointelegraph.com News - 8 hours agoThe ECB signed deals with three standards bodies to reuse open payment standards for the digital euro and lower integration costs for banks and merchants.The…
- Zondacrypto CEO goes off radar as Poland probe deepensCointelegraph.com News - 9 hours agoPolish prosecutors are investigating Zondacrypto over alleged fraud and fund access issues, while local media report that CEO Przemysław Kral is in Israel.Zondacrypto’s crisis deepened…
- Wisconsin sues Kalshi, Polymarket, others over sports event contractsCointelegraph.com News - 10 hours agoWisconsin’s lawsuit against Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com deepens the battle between state gambling enforcers and federal regulators over sports prediction markets.Wisconsin’s top law…
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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