Zcash Has Launched: Here's How to Get Some
Zcash (ZEC), the new digital currency lauded for its privacy features, is launching today amidst some massive hype. But until enough tokens become available on exchanges, Zcash enthusiasts are poised to acquire their ZEC first-hand by mining for it, either by setting up a home rig or by signing up for a cloud mining contract. Created from a fork of....
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With 418,244 ZEC in circulation right now, the market cap of ZCash becomes all the more impressive. Ever since ZCash as launched, people have been paying close attention to its price. Although its value against Bitcoin has declined, one ZEC is still quite costly. In fact, one can say the price of ZCash is going up slowly but steadily. Despite a small dip in value over the past 24 hours, ZCash is setting new highs month after month. Quite an impressive trend on the charts, when looking at the bigger picture. The uptrend of ZCash cannot be denied. Everyone knew ZEC would get dumped hard as....
In January, Bitcoin Magazine reported that a public alpha technology preview of Zcash, “a decentralized and open-source cryptocurrency that aims to set a new standard for privacy and anonymity through the use of groundbreaking cryptography,” had been released on Github. Zcash offers total payment confidentiality, while maintaining a decentralized network using a public blockchain. Unlike Bitcoin, Zcash transactions automatically hide the sender, recipient and value of all transactions on the blockchain. Only those with the correct view key can see the contents. Users have complete control....
Just after Zcash launched, the anonymous new digital currency that has taken the crypto world by storm, a bug was found that apparently prevents private transactions from being mined. Zcash’s official website states: “There is one known bug, which causes private transactions (those in which all of the inputs and outputs are shielded addresses) to not get mined. We’re going to release v1.0.1 shortly to fix it.” The Zcash Mining Pool currently has a big red banner which states: “Because of a critical Zcash wallet bug we are unable to send any payments to z addresses at the moment. Please....
In the game of anonymity, cryptocurrency fans have embraced Bitcoin and the blockchain technology which drives it. The technology does record and stamp the transaction, and is placed in the cloud, unlike Zcash, which sees its alpha release. Zcash has coded a decentralized network using a public blockchain. He and his team, a group of cryptologists, computer science and information security academics, have launched the first public alpha release of the world’s best effort to date of untraceable digital money. Wilcox’s Zcash, a “zero-knowledge proof” alternative to bitcoin, publishes its....
On October 28 the Zcash (ZEC) project will release its genesis block into the wild. There’s a lot of anticipation for this project, because it will deploy zero-knowledge security. Thanks to this, developers believe Zcash will be a truly anonymous ledger that doesn’t leak or reveal transaction data. The Upcoming Zcash Project Launch The Zero Knowledge....