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 2-8-19
    by Gibson Ashpool on Febbraio 8, 2019 at 17:46

    By Elise Hamdon This is our fortnightly community and communications update; last week’s engineering update is available here. Eleven months ago we discovered a counterfeiting vulnerability in the cryptography underlying some kinds of zero-knowledge proofs. The counterfeiting […]

  • Zcash Developers Update 2-1-19
    by Gibson Ashpool on Febbraio 1, 2019 at 19:17

    by Paige Peterson This is our fortnightly engineering update which happens after the conclusion of each 2-week engineering sprint. You can check out last week’s update for recent news on community and communications. Zcashd TeamThis team focuses on development of the zcashd client […]

  • Zcash Developers Update 1-25-19
    by Gibson Ashpool on Gennaio 25, 2019 at 16:01

    By Elise Hamdon This is our fortnightly community and communications update; last week’s engineering update is available here. Please feel free to peruse and work onthe “Encouraged Community Work” GitHub board for things that the Company can’t get to in the next 4 […]

  • Zcash Developers Update 1-18-19
    by Gibson Ashpool on Gennaio 18, 2019 at 17:22

    By Paige Peterson This is our fortnightly 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. Zcashd TeamThis team focuses on development of the zcashd client and […]

  • Zcash Developers Update 1-11-19
    by Gibson Ashpool on Gennaio 11, 2019 at 20:09

    By Elise Hamdon This is our fortnightly community and communications update; the engineering update from last week is available here. The final NU2 Blossom Network Upgrade Goals were announced by Zooko, outlining the next few versions of the zcashd software leading up to the […]



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