zcash 2017-12-06T22:20:33+00:00

zcashlogo2

What is ZCash?

Zcash was introduced in 2016 and was created by a group known as ZECC. The main feature of this particular cryptocurrency is the selective transparency of transactions. The actual Zcash transactions appear on the public blockchain but the sender, recipient and the amount of the transaction is allowed to remain private.

ZCash is becoming popular with those who’re conscious about keeping their identities safe online. Monero is similar in the sense that transactions mask the users identity. The Z in ZCash actually stands for Zero knowledge, which basically means that although the transactions are still visible on the public blockchain, there is zero knowledge of the users identity. The original name was ZeroCoin when it first started life in 2013, but then changed to ZCash in 2016.

Zcash has the same total supply as Bitcoin which is capped at 21 million units, of which there are currently just over 1.5 million in circulation. The team behind it believed that the biggest fall down of Bitcoin was it’s lack of privacy, and therefore privacy is paramount for ZCash.

Exchanges:

More information & resources

Zcash (ZEC) Live Price:

Recent cryptocurrency news

Federal Reserve Chairperson Janet Yellen on Bitcoin

December 15th, 2017|0 Comments

The current Federal Reserve Chairperson Janet Yellen has some statements that she wants to shout out before leaving her Federal seat. Janet Yellen became the Federal Reserve Chairperson in February of 2014 and has led [...]

Kickstarter Doesn’t Seem to Be as Open to ICOs as Indiegogo

December 15th, 2017|0 Comments

Kickstarter's largest rival, Indiegogo, has recently announced that it will be partnering with Microventures to conduct vetted initial coin offerings on their site. The announcement is a big move by Indiegogo, establishing themselves as innovative and [...]

Venezuelan Citizens Have Found a New Solution to Their Problems, Bitcoin

December 15th, 2017|0 Comments

It looks like the economic crisis in Venezuela has not let up and has only worsened as the years progress. An increasing amount of citizens of the economic crisis-torn country are now turning to and [...]

  • canya ico token sale hodlers club on bitguru

CanYa Sets a New Standard for Future ICOs – The HODLers Club

December 14th, 2017|0 Comments

Initial Coin Offerings (ICOs) have emerged as one of the hottest and most controversial aspects of the cryptocurrency space. In recent months, they have become an increasingly popular source of funding for start-ups as a [...]