Zcash

Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions. ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance. Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase.

Zcash, formerly "Zerocoin," was created in 2013 by a group of scientists from Johns Hopkins University. The team recruited additional scientists from leading academic institutions including MIT and Tel Aviv University to build the standalone Zcash protocol. Zcash was first mined in October 2016.


Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.

ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.

Zcash has a fixed supply of 21 million ZEC and undergoes block halvings every four years.

Zcash distributes a portion of its block rewards to development funding. 20% of Zcash issuance is allocated to the Electric Coin Company, the Zcash Foundation, and independent third-party developers, while 80% is rewarded to miners. 

Dogecoin

At Messari's Mainnet conference, Buterin admitted some cryptocurrencies will never switch to Proof-of-Stake — but added that he hopes some will achieve a "middle ground."

Vitalik Buterin Reveals Two Coins He Wants to Move to Proof-of-Stake

Ethereum co-founder Vitalik Buterin expects proof-of-work blockchains like ZCash and Dogecoin to transition to proof-of-stake consensus.  The post Vitalik Buterin expects Zcash and Dogecoin to migrate to proof-of-stake model appeared first on The Block.

Vitalik Buterin expects Zcash and Dogecoin to migrate to proof-of-stake model

Dash

Seychelles-based cryptocurrency exchange Huobi on Monday announced the delisting of seven tokens, citing financial regulations. The crypto exchange stated that trading services for privacy tokens including DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN were terminated on Sept.

Huobi To Delist 7 Privacy Tokens Beginning Sept. 19, Citing Financial Regulations

The company said it is complying with regulations in different countries and regions.

Crypto Exchange Huobi to Delist 7 Privacy Coins, Including Zcash, Monero

Seychelles-based crypto exchange Huobi plans to delist seven privacy-centric cryptocurrencies, including Monero and Zcash.

Crypto Exchange Huobi to Delist 7 Privacy Coins, Citing ‘Latest Financial Regulations'

The privacy coins monero and zcash managed to see fewer percentage losses against the U.S. dollar this week, in contrast to crypto assets like bitcoin, ethereum, and solana. Seven-day statistics indicate zcash has lost 5.6% against the USD, while monero dropped by 6.1%.

The Top Privacy Coins Saw Fewer Percentage Losses Than Most Tokens This Week

Stellar

ZEC, ZEN and XLM “may currently be a security, based on the facts as they exist today,” Grayscale said in recent, little-noticed filings.

SEC Questions Grayscale's Legal Stance on Stellar, Zcash and Horizen Crypto Trusts

Since the end of April, the top privacy crypto assets by market capitalization went from a combined value of $10.7 billion to today's valuation of around $5.09 billion. During that time frame, monero lost 48% in value while zcash shed 56% against the U.S. dollar. Privacy Coin Economy Sheds Billions Since End of April The […]

Top Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months

Bitcoin Cash

The recent plunge experienced in the cryptocurrency market has caused billions of dollars to flow out of the sector. As a result, the majority of cryptocurrencies are at a fraction of their values at all-time highs.

Cryptocurrencies Down The Most From All Time Highs, And No, It's Not DOGE Or SHIB

The ZCash (Crypto: ZEC) network has recently undertaken a considerable network upgrade that further protects its user privacy by removing the need for a "trusted setup,"  thus cementing user privacy. What Happened: According to Cryptonews, the Network Upgrade 5 occurred Tuesday at a block height of 1,687,104.

ZCash: How Network Upgrade 5 Improves Privacy, Scalability And Trust

Network Upgrade 5, originally announced last June, introduces new features like automatic shielding and unified addresses.

Zcash Nixes Trusted Setup, Enters New Era With Major Network Update

The privacy coin now allows transactions that are shielded by default, so users no longer have to opt in to hide payment details on the blockchain.

Zcash's NU5 Upgrade Goes Live, Boosting Privacy and Removing ‘Trusted Setups'

According to the Electric Coin Company, the team behind the cryptocurrency network Zcash, the protocol is soon to implement the largest upgrade in history. The Zcash development team has released the 5.0.0 codebase which supports the NU5 upgrade that will occur on or around May 31, at block height 1,687,104. Electric Coin Company and Zcash […]

The Latest Zcash Software Release Supports the Network's ‘Largest Upgrade in History'

In the fall of 2016, the cryptocurrency world was aflutter with excitement about the creation of a new kind of cryptocurrency, zcash.

Edward Snowden Taught Zcash CEO Zooko Wilcox A CIA Trick To Help Keep The Creation Ceremony Secure

Also today, Russia is one step closer to passing a bill that will regulate cryptoassets — here's what's changed.

Crypto News, April 28: Ronin Vows to Beef Up Security, and Zcash Co-Founder Reveals Himself

Edward Snowden, the well-known whistleblower and former computer intelligence consultant who exposed the Five Eyes Intelligence Alliance, has revealed he took part in the Zcash creation ceremony. Snowden says that during the creation ceremony he “participated” and leveraged the “pseudonym John Dobbertin.” Snowden Played the Role of ‘John Dobbertin' During the Zcash Launch A recent […]

Famed Whistleblower Edward Snowden Reveals He Took Part in the Zcash Launch Ceremony

Snowden is best known for his time as a whistleblower at the National Security Agency, where he released thousands of documents that revealed how the U.S. was spying on its own citizens.

Zcash: Edward Snowden Unmasked as 'John Dobbertin' — One of Privacy Coin's Co-Founders

The NSA whistleblower was one of six people holding part of a private key to create Zcash.

Edward Snowden Helped Create Zcash Privacy Coin

The NSA whistleblower and privacy advocate was one of six participants in the cryptocurrency's fabled 2016 “trusted setup” ceremony, using a pseudonym.

Edward Snowden Played Key Role in Zcash Privacy Coin's Creation

The Graph

As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while DOGE extended Monday's gains. The Graph (GRT) GRT was easily one of the biggest gainers in crypto markets on […]

Biggest Movers: GRT up 15%, While ZEC Rallies Following Recent Losses

Ethereum Classic

Ethereum classic was easily the biggest gainer in the top 30 on Thursday, as the global crypto market was trading 0.9% lower as of writing. ZEC was also higher on the day, in what was a choppy session, as volatility remained higher, following a recent decline in prices. Ethereum Classic (ETC) Ethereum classic (ETC) was […]

Biggest Movers: ETC Biggest Gainer in Top 30 on Thursday, ZEC Also Rises

Cardano

ApeCoin

A closely followed crypto analyst and trader is laying out some near-term forecasts for a series of altcoins, including Cardano (ADA). The pseudonymous trader known as Altcoin Sherpa tells his 170,000 Twitter followers that Cardano (ADA) still has some gas left in the tank after its recent surge. According to the trader, at the very […] The post Analyst Says One Ethereum Rival Is Gearing Up for Massive Rally, Updates Forecast on ApeCoin, Cardano and Zcash appeared first on The Daily Hodl.

Analyst Says One Ethereum Rival Is Gearing Up for Massive Rally, Updates Forecast on ApeCoin, Cardano and Zcash

Avalanche

Crypto markets were mainly in the green on Saturday, with AVAX, RUNE and ZEC being some of the notable gainers. Apecoin traded lower during its third session, falling by as much as 13%, following back-to-back gains. Avalanche (AVAX) LUNA, WAVES, and FTM were all trading over 10% on Saturday, however it was AVAX that was […]

Biggest Movers: AVAX Almost 20% Higher, as RUNE and ZEC Near 15% Gains on Saturday

Over the last week, the United States and president Joe Biden's administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types of imported goods, and a series of harsh financial sanctions against Russia. In the midst of a restricted global economy, the top two privacy-centric crypto […]

Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy

As Bitcoin surges above $42,000 amid a big crypto announcement from the White House, privacy-focused altcoins are also sizzling with impressive gains. Among the leaders is decentralized payment gateway and original privacy coin Monero (XMR), which aims to hide not only the identity of senders and receivers but also the transaction amount itself. Monero witnessed […] The post Secret Class of Crypto Assets Explode As Bitcoin Blasts Above $42,000 appeared first on The Daily Hodl.

News for Zcash Crypto (ZEC)