ZEC -1.88%

24h Change

$903 247 270.59

Market Cap

$414 213 416.32

24h Volume

$91.35

Current Price

ZCash (ZEC)

Zcash

Currency Trend

ZCash (ZEC)

Last historical data: 2020-04-02T16:29:03.000Z

Decimal places: 0

Algorithm: Equihash

Prooftype: PoW

Country origin:

Genesis date: 2016-10-28

Liquidity score: 69.561

Publi interest score: 35.598

Community score: 39.664

Developer score: 88.679

Coingecko score: 64.862

Market cap rank: 27

Coingecko rank: 12

Alexa rank: 146498

Bing matches: 4.31e+06

ZCash (ZEC)

ZCash (ZEC)

Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions.

Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private. Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase.

Our improvement over Bitcoin is the addition of privacy.

Zcash uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them. How Zcash works Zcash encrypts the contents of shielded transactions.

Since the payment information is encrypted, the protocol uses a novel cryptographic method to verify their validity. Zcash uses a zero-knowledge proof construction called a zk-SNARK, developed by our team of experienced cryptographers based on recent breakthroughs in cryptography.

These constructions allow the network to maintain a secure ledger of balances without disclosing the parties or amounts involved.

Instead of publicly demonstrating spend-authority and transaction values, the transaction metadata is encrypted and zk-SNARKs are used to prove that nobody is cheating or stealing. Zcash also enables users to send public payments which work similarly to Bitcoin.

With the support for both shielded and transparent addresses, users can choose to send Zcash privately or publicly.

Zcash payments sent from a shielded address to a transparent address reveal the received balance, while payments from a transparent address to a shielded address protect the receiving value.

Check out CoinBureau for guide on What is ZCash.

Zcash is a fully anonymous and decentralized cryptocurrency.

Transactions on its proof of work blockchain are untraceable because of zero-knowledge cryptography.

Is active

true

Fully premined

No

Premined value

N/A

Total coins mined

9660681.25

Net hashes per second

5.518870512e+09

Block reward

10

Block time

0

First historical data

2016-10-29T15:19:32.000Z

Last historical data

2020-04-02T16:29:03.000Z

TOP