Cryptocurrency Market Capitalizations ZCash

1Zcash details
Zcash is a cryptocurrency aimed at using cryptography to provide enhanced privacy for its users compared to other cryptocurrencies such as Bitcoin.
2History

The Zerocoin protocol was improved and transformed into the Zerocash system, which was then developed into the Zcash cryptocurrency in 2016. Development of protocol improvements and the reference implementation is led by the Zerocoin Electric Coin Company, colloquially referred to as Zcash Company. The founder and CEO of Zcash Company is Zooko Wilcox-O'Hearn. Its founding team includes cryptographer Matthew D. Green from Johns Hopkins University. Roger Ver was one of Zcash Company's initial investors. Zcash payments are published on a public blockchain, but users are able to use an optional privacy feature to conceal the sender, recipient, and amount being transacted. Like Bitcoin,
Zcash has a fixed total supply of 21 million units. In the first 4 years, 20% of the coins created in that period are allocated to a "founders' reward" shared between investors, developers, and a non-profit foundation. Transactions can be "transparent" and similar to bitcoin transactions in which case they are controlled by a t-addr, or can be a type of zero-knowledge proof called zk-SNARKs; the transactions are then said to be "shielded" and are controlled by a z-addr. Zcash coins are either in a transparent pool or a shielded pool; as of December 2017 only around 4% of Zcash coins were in the shielded pool and at that time most wallet programs did not support z-addrs and no web-based wallets supported them. Zcash affords private transactors the option of "selective disclosure", allowing a user to prove payment for auditing purposes. One such reason is to allow private transactors the choice to comply with anti-money laundering or tax regulations. "Transactions are auditable but disclosure is under the participant's control."

Zcash Community All Things Zcash

  • Zcash Developers Update 2-16-18
    by Gibson Ashpool on February 16, 2018 at 18:20

    By Paige Peterson 1.0.15/Overwinter We decided to delay the 1.0.15 release to Monday (Feb 19) to allow the engineers time for sufficient review and final touching up of the outstanding Overwinter PRs. As a formality, we’ll still be putting out a release candidate but much of […]

  • Zcash Developers Update 2-9-18
    by Gibson Ashpool on February 9, 2018 at 16:08

    By Paige Peterson 1.0.15 Final reviews of pull requests for the 1.0.15 release are coming to a close. Overwinter ZIP drafts have also had some final editing and review (but are still open for review from others in the community, especially third-party services who might affected […]

  • Zcash Developers Update 2-2-18
    by Gibson Ashpool on February 2, 2018 at 19:21

    By Paige Peterson Following the pattern of the last several weeks, engineering has been heavily focused on implementing the code for Overwinter into the upcoming 1.0.15 release. We’ve been simultaneously updating the ZIP drafts that specify the changes to Zcash that Overwinter […]

  • Zcash Developers Update 1-26-18
    by Gibson Ashpool on January 26, 2018 at 19:04

    By Paige Peterson 1.0.15 and Overwinter We continued focus on Overwinter implementation to get ready for setting the activation height on testnet at the 1.0.15 release. The tickets relevant to Overwinter are in the NU0 project. Many of the pull requests are in final stages of being written and […]

  • Zcash Developers Update 1-19-18
    by Gibson Ashpool on January 19, 2018 at 18:52

    By Paige Peterson 1.0.15 release & Overwinter This week we continued onwards with the 1.0.15 release which includes Overwinter specification and implementation. While Overwinter implementation is the priority, we hope for the release to address other issues as well (all of which can […]



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