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 4-20-18
    by Gibson Ashpool on April 20, 2018 at 23:50

    By Paige Peterson Releases & Upgrades Just after last week’s update, we finished the process for releasing the first Overwinter compatible Zcash version, 1.1.0. We urge users to upgrade their Zcash clients in anticipation for the Overwinter activation on June 25th. If you […]

  • Zcash Developers Update 4-13-18
    by Gibson Ashpool on April 14, 2018 at 1:45

    By Paige Peterson Releases and upgrades So we intended to get the 1.1.0 release out at the beginning of this week but got stalled a few days and are working diligently to get the release announcement blog and the new version onto the Zcash release repository. This release includes […]

  • Zcash Developers Update 4-6-18
    by Gibson Ashpool on April 6, 2018 at 19:28

    By Paige Peterson Just a quick dev update on Overwinter and Sapling this week. I’ll elaborate on more community related updates next week but as a reminder: Zcon0 & Consensus Scholar program applications are open! Overwinter Release This week we made […]

  • Zcash Developers Update 3-30-18
    by Gibson Ashpool on March 30, 2018 at 22:29

      By Paige Peterson Releases & upgrades We continued our work reviewing and testing code for the upcoming release and has resulted in several closed issues and merged pull requests. The next release is planned for April 9th. We added a new zcashd schedule page to our website […]

  • Zcash Developers Update 3-23-18
    by Gibson Ashpool on March 23, 2018 at 16:48

    By Paige Peterson Releases & Upgrades Well, Overwinter activated on testnet this week and so far so good. We’re working on updating the testnet block explorer that we maintain to work with the change in transaction format introduced by the upgrade. We are also starting a more active push […]



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