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  • Weekly Zcash Discussion - May 16, 2021 - Use this thread for general chatter, basic questions, and if you're new to Zcash May 16, 2021
    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
  • Unfortunate lost zcash May 16, 2021
    I mined some ZEC back in 2017, unfortunately it was on a laptop, and unfortunately the motherboard is fried, and unfortunately I'm feeling a type of way seeing the prices of this today. I assume there isn't a way to recover? submitted by /u/NumerousMango2256 [link] [comments]
    /u/NumerousMango2256
  • BTC Down, ZEC Up May 16, 2021
    What would be a good narrative for ZEC pumping when BTC inevitable goes back to $20,000 to test Saylor (aka Pyscho Killer) average buy? Let's see how strong his and his board members diamond hands are shall we. He seems to excel at buying the mega tops Both are POW, so wondering how ZEC can […]
    /u/lost_civilizations
  • ZEC mentioned on Jimmy Fallon wont move the market May 16, 2021
    Zoomers are hooked on hype and get rich fomo and coins that have no fundamental value. Most don't even understand the term circulating supply. If its under $1, their monkey brain lights up and they buy. Don't see them rushing to buy a privacy coin unfortunately unless Zooko starts acting like a marketing clown like […]
    /u/lost_civilizations
  • Embrace this dip May 16, 2021
    Gives us more time to accumulate and gives people that fomoed in at 300+ a chance to DCA at lower cost. Also at the lower price it allows normal people to get more coins for cheaper while big stack algos are selling due to maintaining the btc ratio. Overall im in it for at least […]
    /u/bestzec
  • follow news, tweets, and podcasts about Zcash on coinfeeds May 16, 2021
    submitted by /u/coinfeeds-bot [link] [comments]
    /u/coinfeeds-bot
  • ZCash4Mac - can't send out coins May 15, 2021
    Hi all, I am a complete crypto newbie. I bought ZCash a few years ago and just opened my ZCash4Mac wallet recently and it seemed outdated so I downloaded Exodus so I could transfer my coins there. I did a test transfer and it shows it out to the right destination address, but shows not […]
    /u/Beneficial_Aspect846
  • Zcash made its debut on Jimmy Fallon last night. 😉 May 15, 2021
    https://twitter.com/jswihart/status/1393586281318289411?s=20 submitted by /u/zecjosh [link] [comments]
    /u/zecjosh
  • May 14, 2021 - weekly forum update May 15, 2021
    Here are your weekly Zcash updates: ICYMI - the recording from the last Arborist call is up on Youtube. You can see all of the past community calls from Zeal Calls, Gardening Club and Arborist calls on ECC’s youtube channel. Check out this thread 4 where Zooko dispels a few common Zcash myths in simple […]
    /u/fireice_uk
  • Hints for app with buy-sell volumes? May 15, 2021
    I am interested to see not only the coin price and overall trading volumes. Buy-sell trading volumes combined through major echanges (Gemini, Bibabce, Kraken, …) and trading pairs (ZEC/BTC, ZEC/EUR, ZEC/USD, …) need to be shown, as well. Thanks! submitted by /u/No_Pomegranate8668 [link] [comments]
    /u/No_Pomegranate8668

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.