Wednesday, April 22, 2020
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Zcash is a cryptocurrency Coin. Can be bought at exchanges and from other people, it can also be obtained by mining (Equihash) The current price is $51.5.
Zcash is a privacy-protecting, digital currency built on strong science.
Shielded Zcash transactions are completely private.
Like Bitcoin, Zcash transaction data is posted to a public blockchain; but unlike Bitcoin, Zcash ensures your personal and transaction data remain completely confidential. Zero-knowledge proofs allow transactions to be verified without revealing the sender, receiver or transaction amount. Selective disclosure features within Zcash allow a user to share some transaction details, for purposes of compliance or audit.
Zcash also allows for transparent transactions, to accommodate for wallets and exchanges that don’t support private transactions.
Zcash was developed and launched by top cryptographers in 2016. The underlying protocol is based on the research of scientists from MIT, Technion, Johns Hopkins, Tel Aviv University and UC Berkeley.