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 11-30-18
    by Gibson Ashpool on Nov 30, 2018 at 22:23

    By Elise Hamdon This is our fortnightly community and communications update; we didn’t post an engineering update last week, due to the holiday, so we’re adding those summaries into this week’s update. Next week we’ll have our regularly scheduled Engineering update. Zcashd […]

  • Zcash Developers Update 11-9-18
    by Gibson Ashpool on Nov 9, 2018 at 23:23

    By Marshall Gaucher This week concludes a 2-week engineering sprint. You can check out last week’s update for recent updates on community and communications. FYI: Sapling activation is complete!! Please update your node to the latest Zcash version. Zcashd […]

  • Zcash Developers Update 11-2-18
    by Gibson Ashpool on Nov 2, 2018 at 7:31

    By Elise Hamdon This is our fortnightly community and communications update, for the latest update on the engineering front, check out last week’s update. Exciting news this week! The Zcash Sapling network upgrade activated at block height 419200. Sapling introduces new shielded […]

  • Zcash Developers Update 10-26-18
    by Gibson Ashpool on Ott 26, 2018 at 21:10

    By Paige Peterson This week concludes a 2-week engineering sprint. You can check out last week’s update for recent updates on community and communications. FYI: Sapling is activating in 2 days!!! The Foundation is organizing a livestream hangout: Sapling activation […]

  • Zcash Developers Update 10-19-18
    by Gibson Ashpool on Ott 19, 2018 at 21:37

    By Elise Hamdon This is our fortnightly community and communications update, for the latest update on the engineering front, check out last week’s update. FYI: This week 2.0.1 was released! It is the first Sapling RPC supported version of the Zcash node software. We […]



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