-
Bitcoin
$97,721.30
1.02% -
Ethereum
$3,299.15
-0.89% -
Tether USDt
$1.00
0.04% -
Solana
$254.43
2.06% -
BNB
$621.04
-0.29% -
XRP
$1.44
28.28% -
Dogecoin
$0.3973
2.98% -
USDC
$0.9999
0.01% -
Cardano
$0.9042
14.68% -
TRON
$0.1984
-0.62% -
Avalanche
$38.76
10.21% -
Shiba Inu
$0.0...02464
-0.09% -
Toncoin
$5.45
-0.85% -
Sui
$3.50
-2.59% -
Chainlink
$15.09
0.15% -
Bitcoin Cash
$477.92
-1.17% -
Polkadot
$6.18
5.79% -
Stellar
$0.2980
24.19% -
Pepe
$0.0...02023
-3.09% -
UNUS SED LEO
$8.79
-0.27% -
NEAR Protocol
$5.60
-1.67% -
Litecoin
$89.24
0.06% -
Aptos
$11.78
-2.64% -
Uniswap
$9.38
0.70% -
Dai
$0.9997
-0.04% -
Hedera
$0.1312
8.96% -
Cronos
$0.1857
2.35% -
Internet Computer
$9.84
6.20% -
Ethereum Classic
$27.52
0.96% -
Bonk
$0.0...04980
-3.27%
When was Zcash issued? Learn about the origin of Zcash in one article
Zcash emerged on October 28, 2016, as a fork of Bitcoin, introducing enhanced privacy through zk-SNARKs.
Oct 02, 2024 at 11:36 am
Zcash: Origin and Issuance
1. Genesis Block: Genesis Block
Zcash was launched on October 28, 2016, through the creation of the genesis block, which marks the beginning of the Zcash blockchain.
2. Development Team:
Zcash was developed by a team led by Zooko Wilcox, a renowned cryptographer and privacy advocate. The project received support from the Electric Coin Company, a non-profit organization dedicated to promoting privacy-enhancing technologies.
3. Forking: Zcash as a Fork
Zcash originated as a fork of the Bitcoin blockchain. It retained many of Bitcoin's features but introduced the concept of zero-knowledge succinct non-interactive arguments of knowledge (zk-SNARKs), which provide strong privacy enhancements.
4. Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs):
zk-SNARKs are cryptographic primitives that allow users to prove the validity of a transaction without revealing any underlying data. This enables transactions on the Zcash network to be shielded, concealing the sender, recipient, and amount involved.
5. Shielding and Transparency:
Shielding transactions provide anonymity to users, but Zcash also offers a transparent mode in which transactions are fully visible. This allows for compliance with regulatory requirements while still offering optional privacy.
6. Governance:
Zcash is governed by a set of community-elected officials known as the "Electric Coin Company Directors." The directors oversee the project's development, finance, and policy.
7. Mining:
Zcash is mined using the Equihash algorithm, which is designed to make mining less efficient on ASICs, reducing the centralization of mining power.
8. Adoption:
Zcash has gained adoption as a privacy-centric cryptocurrency for various use cases, including personal transactions, business payments, and as a store of value.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
Ethereum (ETH) Push to a New $6000 ATH to Send Pepe Coin (PEPE) on a 2700% Rally and One ETH-Based DeFi Token 8790% Higher
- 2024-11-22 22:30:01
-
Suncat, Tron Bull, and Twiskers Emerge as Top Trending Cryptos on Tron Chain Today
- 2024-11-22 22:20:02
-
Cryptocurrency Prices Continued Edging Higher, Sending Bitcoin to Less than 1% from $100,000
- 2024-11-22 22:20:02
-
Bitwise Asset Management Announces Upcoming Listing of a Spot Solana ETP on the Cboe BZX Exchange
- 2024-11-22 22:20:02
-
ver had these characteristics that made them good moneyoutput:title: Should Catholics Embrace Bitcoin or Hold It in Suspicion?
- 2024-11-22 22:20:02
-
Crypto Lists Reaches 150 New BTC Casino Reviews
- 2024-11-22 22:20:02
Related knowledge
What is ZEC coin? What can ZEC coins do? How to store ZEC coins?
Nov 06,2024 at 10:56pm
What is ZEC Coin?ZEC coin, also known as Zcash, is a privacy-focused cryptocurrency launched in October 2016.It utilizes advanced cryptography techniques to provide users with enhanced levels of transaction anonymity and fungibility.What Can ZEC Coins Do?Private Transactions: Zcash offers two types of transaction options: transparent and shielded. Shiel...
How to buy and trade ZEC coins? Where to buy ZEC coins?
Oct 31,2024 at 10:15pm
Step-by-Step Guide to Buying and Trading ZEC Coins1. Understanding ZEC CoinsZEC coins, also known as Zcash, are a privacy-centric cryptocurrency designed to provide users with enhanced transaction anonymity compared to Bitcoin. Unlike Bitcoin, where transactions are publicly recorded on the blockchain, ZEC uses advanced cryptography to obscure the sende...
ZEC coin issuance price and total issuance volume in one article
Nov 05,2024 at 01:34pm
ZEC Coin Issuance Price and Total Issuance Volume1. Issuance PriceZcash (ZEC) was launched in 2016 with an initial issuance price of $5.50 per coin.2. Total Issuance VolumeZEC has a capped total issuance of 21 million coins.Issuance Schedule:Blocks 1-2.1 million: 50 ZEC per blockBlocks 2.1 million-4.2 million: 37 ZEC per blockBlocks 4.2 million-6.3 mill...
What is the issuance and circulation of ZEC coins?
Nov 04,2024 at 03:33am
What is the issuance and circulation of ZEC coins?IssuanceZEC coins are issued through a process called mining.Miners verify and add new transactions to the Zcash blockchain and are rewarded with ZEC coins.The maximum supply of ZEC coins is capped at 21 million, similar to Bitcoin.Circulating supplyAs of February 2023, the circulating supply of ZEC coin...
On which platform can ZEC coins be purchased? Recommended trading platforms for buying ZEC coins
Nov 10,2024 at 07:04pm
On Which Platform Can ZEC Coins Be Purchased? Recommended Trading Platforms for Buying ZEC Coins1. BinanceBinance is the world's largest cryptocurrency exchange by trading volume. It offers a wide range of cryptocurrencies, including ZEC. Binance has a good reputation for security and reliability.2. CoinbaseCoinbase is a popular cryptocurrency exchange ...
How to buy ZEC coins? How many ways are there to buy ZEC coins?
Nov 09,2024 at 03:19am
How to Buy Zcash (ZEC) CoinsZcash (ZEC) is a privacy-focused cryptocurrency that allows users to make anonymous transactions. While not as well-known as Bitcoin or Ethereum, ZEC offers several advantages, including enhanced privacy and security.As a prospective ZEC investor, understanding the various methods available for purchasing this digital currenc...
What is ZEC coin? What can ZEC coins do? How to store ZEC coins?
Nov 06,2024 at 10:56pm
What is ZEC Coin?ZEC coin, also known as Zcash, is a privacy-focused cryptocurrency launched in October 2016.It utilizes advanced cryptography techniques to provide users with enhanced levels of transaction anonymity and fungibility.What Can ZEC Coins Do?Private Transactions: Zcash offers two types of transaction options: transparent and shielded. Shiel...
How to buy and trade ZEC coins? Where to buy ZEC coins?
Oct 31,2024 at 10:15pm
Step-by-Step Guide to Buying and Trading ZEC Coins1. Understanding ZEC CoinsZEC coins, also known as Zcash, are a privacy-centric cryptocurrency designed to provide users with enhanced transaction anonymity compared to Bitcoin. Unlike Bitcoin, where transactions are publicly recorded on the blockchain, ZEC uses advanced cryptography to obscure the sende...
ZEC coin issuance price and total issuance volume in one article
Nov 05,2024 at 01:34pm
ZEC Coin Issuance Price and Total Issuance Volume1. Issuance PriceZcash (ZEC) was launched in 2016 with an initial issuance price of $5.50 per coin.2. Total Issuance VolumeZEC has a capped total issuance of 21 million coins.Issuance Schedule:Blocks 1-2.1 million: 50 ZEC per blockBlocks 2.1 million-4.2 million: 37 ZEC per blockBlocks 4.2 million-6.3 mill...
What is the issuance and circulation of ZEC coins?
Nov 04,2024 at 03:33am
What is the issuance and circulation of ZEC coins?IssuanceZEC coins are issued through a process called mining.Miners verify and add new transactions to the Zcash blockchain and are rewarded with ZEC coins.The maximum supply of ZEC coins is capped at 21 million, similar to Bitcoin.Circulating supplyAs of February 2023, the circulating supply of ZEC coin...
On which platform can ZEC coins be purchased? Recommended trading platforms for buying ZEC coins
Nov 10,2024 at 07:04pm
On Which Platform Can ZEC Coins Be Purchased? Recommended Trading Platforms for Buying ZEC Coins1. BinanceBinance is the world's largest cryptocurrency exchange by trading volume. It offers a wide range of cryptocurrencies, including ZEC. Binance has a good reputation for security and reliability.2. CoinbaseCoinbase is a popular cryptocurrency exchange ...
How to buy ZEC coins? How many ways are there to buy ZEC coins?
Nov 09,2024 at 03:19am
How to Buy Zcash (ZEC) CoinsZcash (ZEC) is a privacy-focused cryptocurrency that allows users to make anonymous transactions. While not as well-known as Bitcoin or Ethereum, ZEC offers several advantages, including enhanced privacy and security.As a prospective ZEC investor, understanding the various methods available for purchasing this digital currenc...
See all articles
