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 8-10-18
    by Gibson Ashpool on August 10, 2018 at 16:03

    By Paige Peterson This is our fortnightly community and communications update, for the latest update on the engineering front, check out last week’s update. Overall, there is a lot of heads-down work being done in anticipation of the 2.0.0 release, Sapling, website rebranding and […]

  • Zcash Developers Update 8-3-18
    by Gibson Ashpool on August 3, 2018 at 14:28

    By Paige Peterson This week concludes a slightly longer sprint as most of the teams had opted into a one-time 3 week sprint in order to reorient after a couple of distracting weeks with Zcon0 and folks taking time off around the 4th of July. So a lot was accomplished this sprint! Zcashd Team This […]

  • Zcash Developers Update 7-27-18
    by Gibson Ashpool on July 27, 2018 at 10:31

    By Paige Peterson This is our fortnightly community and communications update, for the latest update on the engineering front, check out last week’s update. From the blog… The last two weeks have seen some exciting industry announcements which we elaborated on in the blog: […]

  • Zcash Developers Update 7-20-18
    by Gibson Ashpool on July 20, 2018 at 16:03

    By Paige Peterson This week will have a more casual format for the update as most of the teams have opted into a one-time 3 week sprint which started last week. This is in order to reorient ourselves after a couple of distracting weeks with Zcon0 and folks taking time off around the 4th of […]

  • Zcash Developers Update 7-13-18
    by Gibson Ashpool on July 13, 2018 at 12:08

    By Paige Peterson  This is our fortnightly community and communications update, for the latest update on the engineering front, check out last week’s update. From the blog… We had a light past couple of weeks on the blog. If you haven’t seen the 1.1.2 release […]



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