Born to Die? Why ZCash May Not Live Up To Expectations
ZCash, a new Zooko Wilcox project, has impressive list of investors and advisers, but will the new cryptocurrency pass the reality check of decentralisation and anonymity? Genesis block’s launch is near. October 28 may see the launch of the genesis block of ZCash - a new cryptocurrency from the same name project led by Zooko Wilcox. The project causes great interest: without being a genuine market player yet, the company has become a part of Digital Currency Group; the buzz around ZCash is really huge, and the currency itself was valued even before the actual release. On the surface it....
Related News
Jaxx wallet users can join the Zcash party starting immediately, with live integration completed today. Zcash User Demand Drove Jaxx Integration. Decentral, which created the universal blockchain wallet, said it was responding to significant community demand and interest in Zcash. Jaxx also aimed to ensure Zcash was ready as close as possible to its official launch date. As of Tuesday morning EST, Zcash is immediately available on seven of Jaxx’s nine platforms. Support for iPhone and iPad is expected in the coming weeks, pending App Store approval. Founder and CEO of Jaxx Anthony Di Iorio....
Zcash has officially gone live. The first transaction block of the privacy-focused blockchain has been created, a development that follows months of enthusiasm as well as growing momentum from market speculators. Since it was proposed in May 2014, developers and backers have pitched Zcash as a financial tool designed to prioritize transaction privacy, one that could also solve for issues like fungibility that still affect bitcoin. Yet the project has had its detractors, including those who question the startup's business model and how it derives funding, in part, from the network itself.....
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....
The price of the blockchain-backed asset zcash (ZEC) has shown signs of settling down over the last several trading sessions, experiencing only modest changes in its long volatile value. Since the start of trading on 7th January, the value of the tokens that power the zcash blockchain have mostly fluctuated between $44 and $48 on CoinMarketCap, a range that tightened further today when ZEC moved between $45 and $46.50. At the time of report, 1 ZEC was trading at $45.43. This relative calm offers a sharp contrast to the wild volatility that ZEC experienced in the months since the....
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....