Why Is Zcash Thriving? Paid Promotion Or Real Momentum?
After years in the wilderness, Zcash (ZEC) has staged a roughly 740% price “pump” this year, with analysts linking the move to surging demand for on-chain privacy and a cluster of high-profile endorsements. The speed and timing of the rally have ignited a heated debate on X: is Zcash’s resurgence driven by coordinated paid promotion, or by genuine improvements in its technology and monetary design? The flashpoint came from infrastructure founder Mert Mumtaz (@0xMert_), who mocked the idea that a single “mega-whale” is paying off every visible supporter. “There’s a person in crypto so....
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A cryptocurrency with the promise to bring a new kind of anonymous digital transaction will launch today. With the mining of the first block of code, a new immutable ledger of transactions, known as a blockchain, will enter an already thriving market, one that boasts notable entries including bitcoin and ethereum. But the Zcash blockchain differs from bitcoin, the first public blockchain, in two key ways. First, the transactions clear in a fraction of the time. Second, and arguably more important, Zcash is based on an internally developed cryptographic tool called a zk-SNARK that doesn't....
Canary Capital CEO Steven McClurg has thrown fuel on the long-running debate over privacy coins, branding Zcash’s latest rally a “pump and dump” which has been rug-pulled while promoting Litecoin as his preferred privacy asset for regulated markets. Litecoin Better Than Zcash? In a series of posts on X, McClurg said the Zcash surge that […]
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....
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....
With less than a month to go before its launch, momentum is continuing to build around Zcash. The much anticipated anonymous cryptocurrency project gained a big ally today in hosted mining company, Genesis Mining, which announced that users would soon be able to mine for the digital currency. With the news, customers can now buy miners operated by Genesis, which offers similar services for bitcoin and ethereum. But while the genesis block for the Zcash blockchain won't launch until 28th October, the product offering can be seen as evidence that interest in the technology, first announced....