The Upcoming Launch of Anonymous Project Zcash
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....
Related News
ZCash seems to take a somewhat similar approach to this industry as Ripple does, which could put them in an awkward legal position. Today is the day on which Zcash will officially launch. This new cryptocurrency has been getting a lot of attention from Bitcoin enthusiasts in recent weeks. With a strong focus on anonymity, this currency could become an interesting contender for established altcoins. But in Italy, the launch of Zcash is greeted with a new bill to ban fully anonymous cryptocurrencies. Italy, along with a lot of other countries around the world, is not overly keen on....
There's been plenty to gawk at since Zcash's October launch. Heralded as the world's most anonymous cryptocurrency, Zcash rode a wave of hype with its cypherpunk origin story (complete with its own secretive "ceremony") and an initial frenzy where speculators drove the price of its tokens over $1,000 before they were even released. But perhaps above all, the technology has become synonymous with the promise of its bleeding-edge cryptography, zk-SNARKS, which shield senders and receivers, as well as the balances of each zcash address. Only users with the correct "key"....
There's been plenty to gawk at since Zcash's October launch. Heralded as the world's most anonymous cryptocurrency, Zcash rode a wave of hype with its cypherpunk origin story (complete with its own secretive "ceremony") and an initial frenzy where speculators drove the price of its tokens over $1,000 before they were even released. But perhaps above all, the technology has become synonymous with the promise of its bleeding-edge cryptography, zk-SNARKS, which shield senders and receivers, as well as the balances of each zcash address. Only users with the correct "key"....
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....
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....