What is Zcash?
Zcash is a privacy-focused cryptocurrency that operates on a decentralized blockchain. It is based on the Bitcoin codebase and has a fixed supply of 21 million units. One of the key features of Zcash is the ability...
Zcash is a privacy-focused cryptocurrency that operates on a decentralized blockchain. It is based on the Bitcoin codebase and has a fixed supply of 21 million units. One of the key features of Zcash is the ability for transactions to be made with complete anonymity. Transactions can be either "transparent" or "shielded," with the latter employing a zero-knowledge proof called zk-SNARKs. While most Zcash coins are currently in the transparent pool, the option for shielded transactions is available for those who desire complete privacy.
Zcash also offers the option of "selective disclosure," allowing users to prove payment for auditing purposes while still maintaining anonymity. The company has made it clear that Zcash was not developed to facilitate illegal activity and has held virtual meetings with law enforcement agencies to explain the currency's fundamentals.
A portion of the block rewards earned by miners goes to the Zcash development fund, which supports projects such as Zcash Open Major Grants and The Zcash Foundation. With its emphasis on privacy and security, Zcash is a cryptocurrency that's changing the way we think about digital transactions.
Price change 1 hour-0.28%
Price change 24 hour-3.40%
Price change 7 days-0.73%
Price change 14 days-1.72%
Price change 30 days0.00%
24 Hour Trading Volume$11,744,833.00
24 Hour Volume Change-9.28%
24 Hour Market Cap Change-3.26%
Fully Diluted Market Cap$516,180,000.00
All Time Low/High$19.75 | $3,191.93
Percentage Change Since All Time High-99.23%
Percentage Change Since All Time Low24.31%
Market cap rank#149
Volume / Market Cap0.05886
Circulating Supply8,121,123 (38.67%)
Sunday, June 18, 2023
|14:05:28||Here's why Shiba Inu, Zcash, Monero, Kava prices just rallied||Invezz|
Wednesday, May 31, 2023
|13:30:09||Crypto Exchange Binance to Remove Privacy Coins From 4 European Markets||Bitcoin|
Tuesday, May 2, 2023
|16:27:21||Top 3 Privacy-Focused Cryptos for a Secure Investment||Investorplace|
Upcoming Zcash Events
No upcoming events for Zcash known.
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