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
Rating
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)
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 |