Market Data & Token Stats
| Fully Diluted Valuation | $5.49B |
|---|---|
| 24H Trading Volume | $333.58M |
| 24H Low / High | $306.68 / $333.28 |
| Circulating Supply | 16.67M |
| Total Supply | 16.67M |
| Max Supply | 21.00M |
Key Project Information
| Categories | Proof of Work (PoW) 7 more |
|---|---|
| Founder | Zooko Wilcox-O'Hearn |
| Website | z.cash Whitepaper |
| Socials | 3 more |
| Chains | Near-protocol Ecosystem |
| Explorer | Zecblockexplorer 4 more |
| Contracts |
zec.o.....near
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Zcash (zec) Expert User Reviews
Is Zcash safe or a scam? Read verified Crypto OG reviews about Zcash
$zec Markets
| Name | Pair | OG Score |
|---|
About Zcash
Zcash, a notable player in the world of cryptocurrencies, stands out for its strong focus on privacy and anonymity. Launched in 2016, Zcash is a digital currency that evolved from the Zerocoin project, with its roots in a collaboration among scientists from Johns Hopkins, MIT and Tel Aviv University. This cryptocurrency is a testament to the advancements in digital security and privacy, with Zooko Wilcox-O'Hearn, a cypherpunk and computer security expert, at its helm as the founder and CEO.
What sets Zcash apart is its unique approach to transaction privacy. Utilizing the zk-SNARK (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) technology, Zcash offers two types of transactions: transparent and shielded. Transparent transactions, similar to those in Bitcoin, are visible on the blockchain, allowing public addresses and transaction amounts to be seen by anyone. However, shielded transactions leverage zk-SNARKs to ensure complete anonymity, concealing the sender, recipient and amount transferred. This dual system places Zcash at the forefront of privacy-preserving cryptocurrencies, offering users the choice between transparency and complete privacy.
Zcash also addresses the common misconception that all cryptocurrencies offer anonymity. Unlike Bitcoin and other pseudonymous currencies, where transactions are traceable through blockchain forensics, Zcash provides an optional layer of privacy that is unparalleled. This feature is particularly significant in a world where digital privacy is increasingly sought after. Additionally, Zcash operates on a proof-of-work mechanism, similar to Bitcoin and has a fixed total supply of 21 million units, maintaining a familiar structure for those acquainted with Bitcoin's framework.
What is unique about Zcash (ZEC)?
Zcash stands out for its privacy and anonymity in transactions, using zk-SNARK technology to offer optional transaction transparency.
Who are the founders of Zcash (ZEC)?
Zcash was founded by Zooko Wilcox-O'Hearn, with notable contributions from Matthew D. Green and a team from Johns Hopkins University.
Who are the backers/investors of Zcash (ZEC)?
Early investors of Zcash include Roger Ver and Vitalik Buterin as an advisor, with funding also from the Electric Coin Company and the Zcash Foundation.
What is the consensus mechanism of Zcash (ZEC)?
Zcash uses a proof-of-work (PoW) consensus mechanism, similar to Bitcoin.
Where can I buy Zcash (ZEC)?
You can buy Zcash (ZEC) on Binance, CoinbaseGate.ioBitgetOKX cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Zcash Official Website, Zcash Whitepaper, Zcash GitHub Repository and Zcash X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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