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  • 80 RTX 3090s September 23, 2022
    Let's say you could your hands on 80 RTX 3090s would that be profitable? What kind of hashrates would one get. 1Th/s? 500 Mh/s. 10 Mh/s? Is it feasible? submitted by /u/Responsible-Clue-661 [link] [comments]
    /u/Responsible-Clue-661
  • Zcash narratives with David Boyer from Zcash Media September 21, 2022
    submitted by /u/oprah_2024 [link] [comments]
    /u/oprah_2024
  • Recovering Zec Sub Account (index 1) September 20, 2022
    Im having a problem recovering a secondary/sub account from a seed phrase. The main ZEC account and sub account were originally created via Ledger wallet (which currently wont send ZEC due to “getVarint called with unexpected problem”) I have no problems recovering the main Zec account (index 0) using Ywallet but the sub account (index […]
    /u/Deep-Goal1080
  • How do I mine Zcash on binance pool with bMiner? September 19, 2022
    Hello everyone, its a pretty straightforward question but is there anyone who could help me out with setting up bminer to mine with binance pool?, no matter what i do, whenever i start mining with bminer, the miner just opens and closes. can someone please help me with the configuration? submitted by /u/jebaithoven [link] [comments]
    /u/jebaithoven
  • Weekly Zcash Discussion - September 18, 2022 - Use this thread for general chatter, basic questions, and if you're new to Zcash September 18, 2022
    What is Zcash? Zcash is a privacy preserving digital currency. It is the first blockchain to leverage a novel technology called Zero-knowledge proofs to enable privacy and selective transparency. 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 […]
    /u/AutoModerator
  • Huobi Global to Delist DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN - Huobi Global-Official September 12, 2022
    submitted by /u/oprah_2024 [link] [comments]
    /u/oprah_2024
  • Weekly Zcash Discussion - September 11, 2022 - Use this thread for general chatter, basic questions, and if you're new to Zcash September 11, 2022
    What is Zcash? Zcash is a privacy preserving digital currency. It is the first blockchain to leverage a novel technology called Zero-knowledge proofs to enable privacy and selective transparency. 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 […]
    /u/AutoModerator
  • Zcash: Shielded Transactions | Bitcoin's Privacy Problem (with Zooko Wilcox) September 9, 2022
    submitted by /u/oprah_2024 [link] [comments]
    /u/oprah_2024
  • YWallet: UA support coming? September 6, 2022
    I switched from the Android Zecwallet Lite app to YWallet when the former basically quit working, and YWallet did a surprisingly good job at syncing fast (particularly in the past week, for some reason). Now with Zecwallet Lite supporting UAs, I'm tempted to switch back to Zecwallet Lite on my Android phone. Does anyone know […]
    /u/aarnott
  • Zecwallet Lite adds UAs, but leaves accounts/diversifiers muddled September 6, 2022
    I'm delighted to see that both the Windows and Android Zecwallet Lite apps now support UAs! It doesn't seem to expose the full power a zcash fullnode would, around UA accounts vs diversifiers. When I ask for a new UA, I don't know whether I'm getting the same account but a different diversifier or a […]
    /u/aarnott

What Is ZCash ?

The crypto coin Zcash wants to improve the anonymity of those using Bitcoin and developed from the Zerocoin project. At first, the protocol for the Zerocoin got improvements and renamed Zerocash, and then in 2016 the Zcash cryptocoin appeared. [1] Zooko Wilcox-O’Hearn is a founder and CEO of Zcash. The founding team also includes Matthew D. Green from Johns Hopkins University who is a cryptographer. One of Zcash’s initial investors is Roger Ver.

The Zcash payments can be seen on a public blockchain, however its users have the possibility of hiding transaction details, such as sender, receiver, and the amount sent. There’s a fixed total supply of 21 million units of Zcash coins, much like Bitcoin. [2]

 

Some users need to prove payment for auditing purposes, and they can do so thanks to the “selective disclosure” feature on private transactions. This is done to permit private transactors to abide with the regulations regarding anti-money laundering or taxing. The transactions are auditable, however it is the participant who has control over the disclosure. [3] Wilcox held virtual meetings with various law enforcement agencies from around the U.S. to describe the basis and even went on record saying that the purpose of this currency is not that of facilitating illegal activity.

 

Since April 4, 2017, Zcash can be seen in the top 10 cryptocoins by market cap.