Zcash

Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions. ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance. Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase.

Zcash, formerly "Zerocoin," was created in 2013 by a group of scientists from Johns Hopkins University. The team recruited additional scientists from leading academic institutions including MIT and Tel Aviv University to build the standalone Zcash protocol. Zcash was first mined in October 2016.


Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.

ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.

Zcash has a fixed supply of 21 million ZEC and undergoes block halvings every four years.

Zcash distributes a portion of its block rewards to development funding. 20% of Zcash issuance is allocated to the Electric Coin Company, the Zcash Foundation, and independent third-party developers, while 80% is rewarded to miners. 

Over the last week, the United States and president Joe Biden's administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types of imported goods, and a series of harsh financial sanctions against Russia. In the midst of a restricted global economy, the top two privacy-centric crypto […]

Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy

As Bitcoin surges above $42,000 amid a big crypto announcement from the White House, privacy-focused altcoins are also sizzling with impressive gains. Among the leaders is decentralized payment gateway and original privacy coin Monero (XMR), which aims to hide not only the identity of senders and receivers but also the transaction amount itself. Monero witnessed […] The post Secret Class of Crypto Assets Explode As Bitcoin Blasts Above $42,000 appeared first on The Daily Hodl.

Secret Class of Crypto Assets Explode As Bitcoin Blasts Above $42,000

Political events in Russia and the U.S. could be behind the swift rise in privacy-preserving cryptocurrencies.

Privacy Coins Monero, Zcash Lead Crypto Market Rebound

Privacy-oriented cryptocurrencies Monero (CRYPTO: XMR) and ZCash (CRYPTO: ZEC) on Wednesday surged 28.3% and 20.9% over 24 hours to $204.90 and $142.52, respectively, seemingly following the news that Presiden

Why Privacy-Oriented Alternatives To Bitcoin Are Really Shooting Up Today

After climbing by nearly 100% last week, ANC was once again lower on Tuesday, as bears continue to ravage prices. This comes as ZEC evaded today's market uncertainty, and rose by as much as 16% during the session. Zcash (ZEC) Despite cryptocurrency markets falling by almost 2% in today's session, the price of zcash (ZEC) […]

Technical Analysis: ANC Falls 14%, as ZEC Leads Tuesday Gainers

Bitcoin

Polygon

The cryptocurrency market has climbed 5.5% amid reports of easing tensions around Ukraine.

3 Biggest Crypto Movers Of The Day

Basic Attention Token

Bitcoin Cash

Ethereum Classic

Chainlink

Litecoin

Decentraland

Solana

Stellar

The world's largest digital asset manager is offering a look at which crypto assets institutional investors are most interested in. Grayscale just detailed a complete breakdown of its crypto assets under management (AUM), which amounts to a staggering $40+ billion. The vast majority of Grayscale's holdings are in the Bitcoin (BTC) Trust, which accounts for […] The post Crypto Giant Grayscale Details Top Altcoins Held by Institutional Investors As 2022 Begins appeared first on The Daily Hodl.

Crypto Giant Grayscale Details Top Altcoins Held by Institutional Investors As 2022 Begins

On Friday, Electric Coin Company (ECC), the developers behind the privacy-centric crypto-asset zcash, revealed the network plans to transition to proof-of-stake (PoS) consensus. ECC also revealed the team plans to launch an official ECC wallet, as well as bolster the network's cross-chain interoperability. Zcash to Change From PoW to PoS The Zcash network currently leverages […]

Electric Coin Company Reveals Zcash Network to Transition to Proof-of-Stake in 3 Years

The creators of Zcash believe that privacy coins will be a big part of the next iteration of the internet.

Zcash Price Jumps 29% After Devs Announce Shift to Proof-of-Stake

Findora has announced a $100 million ecosystem fund as it looks to attract DeFi applications to the network.

Privacy Blockchain Putting Up $100 Million to Compete With Zcash and Monero

According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication:

Audius & Zcash Among Top Crypto Movers In 24H

On December 11, 2019, the CEO of Twitter announced the company was funding a project aimed at creating a decentralized social media standard. Jack Dorsey said that the ultimate goal of the project dubbed “Bluesky” is for Twitter to be a client of the standard. A year and eight months later, Bluesky announced that a […]

Former Zcash Developer to Lead Twitter's Decentralized Social Media Project Bluesky

Former Zcash core developer Jay Graber will lead Twitter's initiative to "develop an open and decentralized standard for social media."

Twitter Names Former Zcash Dev to Head Decentralized Social Network Bluesky

Bluesky's new leader comes from the world of crypto.

Twitter Picks Zcash Developer Jay Graber to Run Decentralized Social Media Wing

Over the past 24 hours, Zcash's (CRYPTO:ZEC) price has risen 6.66% to $126.73. This continues its positive trend over the past week where it has experienced a 15.0% gain, moving from $109.56 to its current price.

Zcash Rises More Than 6% In 24 hours

Zcash creator Zooko Wilcox sees advantages to switching to proof of stake.

Zcash Creator Urges ZEC to Be Less Like Bitcoin, More Like Ethereum

Zcash founder Zooko Wilcox sets forth his case that privacy coin Zcash should switch over to proof of stake. The post Zooko Wilcox advocates that Zcash should move to proof of stake appeared first on The Block.

Zooko Wilcox advocates that Zcash should move to proof of stake

The funding will go towarddeveloper salaries as they develop Arti.

Tor Project Receives $670K From Zcash Open Major Grants for Coding Language Upgrade

Dash

So-called privacy coins use advanced techniques to shield details from public view, but they've come under increased scrutiny from regulators.

What Are Privacy Coins? Monero, Zcash, and Dash Explained

Ethereum

Closely-followed analyst Credible Crypto is naming the seven assets that he picked up during the latest marketwide correction. In a new tweet, Credible Crypto asserts that some of the larger market cap altcoins continue to look strong during the abrupt correction, without any dramatic price decreases. According to the trader, the dip provides a prime […] The post Top Analyst Says He's Loading Up on Ethereum, XRP and 5 Altcoins Amid Widespread Market Correction appeared first on The Daily Hodl.

Top Analyst Says He's Loading Up on Ethereum, XRP and 5 Altcoins Amid Widespread Market Correction

Grayscale, the world's largest crypto asset management firm, is on a buying spree after purchasing massive amounts of cryptocurrencies to the tune of $1 billion in just 24 hours.  In a tweet posted on April 9th, Grayscale revealed that its total assets under management (AUM) stands at $46.1 billion.  04/09/21 UPDATE: Net Assets Under Management, […] The post Crypto Giant Grayscale Adds $1 Billion in 24 Hours Amid Litecoin, Stellar Lumens and Zcash Buying Spree appeared first on The Daily Hodl.

Crypto Giant Grayscale Adds $1 Billion in 24 Hours Amid Litecoin, Stellar Lumens and Zcash Buying Spree

Bittrex's announcement today damaged the markets of the privacy coins.

Privacy Coins Drop 10% After Bittrex Announcement

Monero (XMR), Zcash (ZEC), and Dash (DASH) are all down double-digit percentages following an announcement that U.S. cryptocurrency exchange Bittrex will be delisting the privacy coins on January 15. According to Bittrex, while the exchange “generally seeks to provide users up to 30 days to withdraw any delisted tokens… in certain instances the withdrawal period […] The post Privacy coins slide following Bittrex delisting appeared first on The Block.

Privacy coins slide following Bittrex delisting

While Bittrex gave no reason for the removals, exchanges around the world have been moving to delist coins that seek to hide the activity of their users.

Bittrex to Delist Privacy Coins Monero, Dash and Zcash

Privacy coins are under scrutiny by regulators.

News for Zcash Crypto (ZEC)