Zcash


Name

Zcash

Summary

Zcash is a cryptocurrency that uses cryptography to provide users with more anonymity than other cryptocurrencies like Bitcoin.
-It was founded by Zooko Wilcox-O'Hearn
-ZCash is a Proof-of-Work (PoW) cryptocurrency

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Rating

BBB

Symbol

ZEC

Overview

Zcash is a privacy and anonymity-focused decentralized cryptocurrency that uses zero-knowledge cryptography to provide anonymous value transfer. It employs the zk-SNARK zero-knowledge proof technology, which allows network nodes to verify transactions without disclosing any sensitive information.
The protocol allows users to choose whether transactions are shielded, in which case they are fully anonymous, or transparent, in which case they are accessible on the Zcash blockchain.

Historical Price Movement (in INR)

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Technology

The SHA-256 hash function, which is part of the SHA-2 series of algorithms, is used to protect the Zcash network. Zcash is a technology that stores unspent transaction output (UTXO) transfers in a distributed, time-stamped ledger in an append-only chain of 2MB data blocks. It employs a Proof-of-Work (PoW) consensus process.

Miners

80%

Founder

10%

Zcash Foundation

10%

Volume (17th May 2022)

$118,799,463

Total Supply

14265838

Circulating supply

14,265,837.50 ZEC

Crowd Sales

Zcash has raised a total of $1M in funding

Funding

15/01/2021: Initial Coin Offering- NA
1/12/2018: Venture Round- NA
28/10/2016: Initial Coin Offering- NA
20/01/2016: Seed Round- $1M

Country

USA

Name of Organization

Zcash Foundation (ZF)

Year Incorporated

2016

Registered Address

251 Little Falls Drive, Wilmington, New Castle, Delaware- 19808

Dispute Resolution and Governing Law

USA

Country Risk Assessment

A1

Founding Team
Name Designation Education Experience
Zooko Wilcox-O’Hearn Founder NA NA