zcash Zcash (ZEC)

3.65% (24H)
Market CapVolumeAvailable Supply
$1.22 B$543.57 M11.35 M ZEC

Zcash current price is $107.29 with a marketcap of $1.22 B. Its price is 3.65% up in last 24 hours.

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.
CMC Currency Details (Advanced Design)
Loading Chart...
Enter Amount
Base Currency
Convert To

10 Zcash (ZEC)

# ExchangePairPriceVolume (24h)Updated

The #Zcash Arborist call is today at 2:30 PDT. This call convenes Zcash protocol contributors to discuss upgrade timelines and process, protocol R&D efforts, design and implementation of new protocol features, and more. Join us!

In tomorrow's ECC newsletter, we are going to introduce a new team member. 🎉🎉🎉
Subscribe here: https://electriccoin.co/

Unlike #Bitcoin, #Zcash gives you the option of confidential transactions and financial privacy. Zero-knowledge proofs allow transactions to be verified without revealing the sender, receiver or transaction amount. The more you know: https://bit.ly/3iWs5qi

"Zcash, for example, is on the cutting edge of privacy tech and encryption that can create proofs that secure identity and compress data to also enhance speed and scalability." https://bit.ly/3rznBdm

#Zcash $ZEC

Load More...
Loading facebook comment(s)CMC Currency Details (Advanced Design)
Notify of
Oldest Most Voted
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x