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."

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Zcash Community All Things Zcash

  • Zcash Developers Update 10-11-19
    by Gibson Ashpool on Ottobre 11, 2019 at 20:41

    By Elena Giralt Happy Fall Everyone!    Welcome to our Engineering update. You can expect this Engineering update every other week. If you have questions or feedback, don’t be shy. Drop your thoughts in the comment section below. General Updates ECC Live Stream has been […]

  • Zcash Developers Update 9-27-19
    by Gibson Ashpool on Settembre 27, 2019 at 20:53

    By Elena Giralt Howdy! Welcome to our Engineering update. From here on out, you can expect this Engineering update every other week, alternating with Community updates from Helena. Arborist Team: This team focuses on the development of the zcashd client, librustzcash and protocol upgrades. […]

  • Zcash Developers Update 9-20-19
    by Gibson Ashpool on Settembre 20, 2019 at 18:04

    By Helena Flack Welcome to our fortnightly community and communications update. I would like to start by welcoming Elena Giralt, our new Product Marketing Manager, to the team! Really excited to have you on board and Elena will be writing the Technical bi-weekly updates so expect to hear more from […]

  • Zcash Developers Update 8-18-19
    by Gibson Ashpool on Agosto 16, 2019 at 16:28

    By Helena Flack Welcome to our fortnightly community and communications update; last week’s engineering update is available here A quick intro from me: I’m Helena and I joined ECC last week as the Communications Manager, so just wanted to quickly introduce myself before we get […]

  • Zcash Developers Update 8-4-19
    by Gibson Ashpool on Agosto 4, 2019 at 19:18

    By Chris A This is our biweekly engineering update, which happens after the conclusion of each engineering sprint. You can check out last week’s update for recent news on community and communications. Arborist Team This team focuses on development of the zcashd client, lightwalletd, […]



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