|Brief||ZCash appeared on the market in the fall of 2016. It stands out among other crypto currencies as the first coin created on the basis of a new zero-knowledge proof protocol also known as zk-SNARK protocol.|
|Last updated:||23 February, 2019 00:29:03|
|Current price, USD:||$53.927|
|Current price, BTC:||0.0135747|
|Market capitalization, USD:||$321 155 636|
|Available supply:||5 955 344 ZEC|
|Volume 24 hours, USD:||$195 072 677|
General ZEC facts, technical details and general information about Zcash crypto currency
ZCash appeared on the market in the fall of 2016. It stands out among other crypto currencies as the first coin created on the basis of a new zero-knowledge proof protocol also known as zk-SNARK protocol. The uniqueness of this protocol lies in the ability to confirm the reliability of information without disclosing data about the parties to the transaction and its amount (the only information disclosed is the fact of transaction itself). Such an algorithm allows us to talk about the truly absolute anonymity of this payment system.
The base for creating this digital currency was laid for 3 years before its presentation, as early as 2013. The development of ZCash (ZEC) involved a whole team of cryptographers from the world's most famous universities; they are still cooperating with the company, and their work is paid by a percentage of the income of the miners.
A full-scale software for mining ZEC coins was issued in October 2016. To install it, one needs to have Linux as operating system, and random-access memory of at least 4GB.
We list daily Zcash historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|22 Feb||54.453||53.85||55.38||323 911 020|
|21 Feb||54.730||53.29||54.777||325 163 730|
|20 Feb||54.639||54.377||55.715||324 225 951|
|19 Feb||55.524||53.81||56.945||329 086 022|
|18 Feb||52.568||52.523||55.621||311 192 204|
|17 Feb||51.343||50.606||52.809||303 565 679|
|16 Feb||51.316||50.838||51.852||303 041 290|
|15 Feb||51.457||51.153||51.71||303 507 477|
|14 Feb||52.257||51.419||52.303||307 848 767|
|13 Feb||54.013||52.438||54.614||317 814 175|
|ZEC price change 24 hours||-0.51%|
|ZEC price change 7 days||4.94%|
Last Friday, the developers of the ZCash-oriented crypto-currencies aimed at increased privacy presented the first compatible version of the software for Nod with the future upgrade of Sapling. Sapling involves holding a hard-core without creating new coins, which is expected to take place on October 28. The new solution is based on blind signatures and evidence with zero disclosure, which will allow users to hide the sender / receiver balances and transactions. The developers intend to test the solution in a test network ZCash, and then invite the community to implement softfilks for implementation in the main protocol.
We publish the most accurate Zcash Forecasts and News including crypto industry experts' opinion on a daily basis