|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:||Thursday, July 2, 2020 9:00:02PM UTC|
|Current price, USD:||51.340|
|Market capitalization, USD:||488 057 563|
|Available supply:||9 506 469 ZEC|
|Volume 24 hours, USD:||234 453 237|
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, $|
|Jun 23||53.330||52.39||59.22||552 237 006|
|Jun 24||58.340||54.41||59.31||520 454 959|
|Jun 25||55.200||54||56.51||529 961 140|
|Jun 26||55.930||55.04||56.4||527 204 753|
|Jun 27||55.650||52||55.65||496 023 010|
|Jun 28||52.690||51.95||53.54||493 625 377|
|Jun 29||51.930||51.93||52.97||497 007 323|
|Jun 30||52.580||51.58||52.69||489 874 330|
|Jul 01||51.580||51.44||52.43||492 573 720|
|Jul 02||51.860||50.91||53.14||488 057 563|
|ZEC price change 24 hours||-1.15%|
|ZEC price change 7 days||-8.49%|
ZEC lost its momentum after the market stopped caring about Anon coins. This was such a popular topic and then suddenly everyone didn’t care anymore. Could it be because everyone wants banks to join the party? Definitely. No one wants to invest in...
Jed June 2, 2020 ZEC
I have no doubt that in a few years, ZCash, and some other privacy coins, will remain the only haven for true cryptopunks like me. The global governments are already laying their greasy hands on many non-privacy crypto solutions while bashing...
Mexican Ninja April 3, 2020 ZEC
ZEC and all the other anon currencies are beginning to lose their luster. Everyone is rooting for the big banks and corporations to adopt their currency. Before the trend of crypto and blockchain everyone wanted their coins to be anonymous because...
Marie April 19, 2019 ZEC
Zcash is about to undergo another big hard fork. It's called Overwinter and this is a big catalyst to net a comfortable profit on a coin that otherwise has been fairly lackluster. I think jumping into coins when they announce that they will either...
Jim March 27, 2019 ZEC
There's other privacy coins that I trust moving funds around in more than ZEC. The reason is because ZEC allows public transactions and this will allow blokchain analysis groups to eventually track and trace my movements. zk-SNARKs is the best...
Marie March 9, 2019 ZEC
|Price, USD||24h||7 days|
|UNUS SED LEO||1.250||-0.61%||4.45%|
We publish the most accurate Zcash Forecasts and News including crypto industry experts' opinion on a daily basis