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. 

Dash

Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today.

Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023

Hedera

Lido DAO

Altcoins are rising above the moving average lines and climbing to new highs.

Weekly Cryptocurrency Market Analysis: Altcoins Consolidate Near Recent Highs In Preparation For An Uptrend

Solana

Blockchain analytics firm Santiment is expressing bullish sentiment on seven crypto assets which are currently being heavily betted against. Santiment says that layer-1 blockchain Solana (SOL), decentralized public network Hedera (HBAR) and privacy coin ZCash (ZEC) are some of the crypto assets that are set to rally amid heavy shorting.

Solana (SOL), Zcash (ZEC), Hedera (HBAR) and Four Under-the-Radar Altcoins Primed for Breakouts: Santiment

The last 12 months have been tough on digital currency investors as the crypto winter has caused a large sum of value to leave the once-bustling economy. The privacy coin economy, for instance, shed more than 55% against the U.S. dollar as it dropped from $11.7 billion in Jan. 2022 to the current $5.22 billion.

Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs

The European Union is considering a ban on banks and crypto providers dealing with cryptocurrencies that aim to enhance user privacy. The post European AML rules could ban privacy coins: CoinDesk appeared first on The Block.

European AML rules could ban privacy coins: CoinDesk

The Electronic Coin Company, the organization behind Zcash, claims that concerns of a spam attack are mostly just fear, uncertainty and doubt (FUD)

Zcash May Be Getting Spammed, but the Blockchain is Doing Just Fine, the Company Behind it Says.

Zcash, a privacy-focused proof-of-work blockchain, is undergoing an attack. The post Someone is clogging up the Zcash blockchain with a spam attack appeared first on The Block.

Someone is clogging up the Zcash blockchain with a spam attack

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

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.

News for Zcash Crypto (ZEC)