Ycash (YEC) is a privacy-focused digital currency based on Zcash, designed for secure, decentralized transactions. More
| Fully Diluted Valuation | $922,323 |
|---|---|
| 24H Trading Volume | $1,278 |
| 24H Low / High | $0.03 / $ 0.06 |
| Circulating Supply | 16.85M |
| Total Supply | 16.86M |
| Max Supply | 21.00M |
| Categories | Privacy 4 more |
|---|---|
| Founder | Howard Loo |
| Website | y.cash |
| Socials | 2 more |
| Explorer | Safe 1 more |
| Name | Pair | OG Score |
|---|
Ycash, launched in April 2019 by Howard Loo and the Ycash Foundation, aims to bring greater privacy and fairness to digital currency transactions. Built on the foundations of Zcash and Bitcoin, Ycash prioritizes privacy through its use of zero-knowledge proofs, keeping transaction details confidential.
Unlike many cryptocurrencies reliant on specialized mining hardware (ASICs), Ycash uses the Equihash (192,7) algorithm, allowing anyone with standard computer hardware to participate in mining. This approach promotes a more democratic distribution of coins, with 95% of block rewards going directly to miners.
With a fixed supply of 21 million coins, similar to Bitcoin, Ycash ensures scarcity and potential value retention. It operates 24/7, facilitating borderless transactions without inflation concerns. The Ycash Foundation oversees development efforts, managing a fund to support improvements and ensure accessibility.
Ycash strives to offer a secure, efficient, and equitable alternative for global digital transactions, aiming to maintain privacy and transparency while fostering broader participation in cryptocurrency mining and usage.
Ycash stands out for its strong focus on privacy, utilizing zero-knowledge proofs to keep transaction details confidential, unlike traditional cryptocurrencies.
Howard Loo is the founder of Ycash and the Ycash Foundation. He initiated the project in April 2019.
You can buy Ycash (YEC) on Nonkyc.io, SafeTrade cryptocurrency exchanges.
Join
OGAudit
