Italian MPs Aim To Ban ZCash And Other Anonymous Cryptocurrencies
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....
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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....
As ZCash gains popularity more platforms include support for the private and anonymous cryptocurrency. ZCash (ZEC), the private and anonymous cryptocurrency built over Bitcoin code has been gaining a lot of traction lately. The cryptocurrency community’s interest in ZCash has forced many companies to integrate it into their products. The latest ones to do so in the past couple of weeks include Jaxx— the blockchain wallet platform and Shapeshift — the crypto to crypto exchange. With the inclusion of support for ZEC, the total number of cryptocurrencies supported by Jaxx blockchain wallet....
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"....
Even though Wilcox claims his startup is not aimed at making illegal activities easier for criminals, he is quick to note how his company will not be liable for ZCash applications in a criminal environment. Bitcoin has often been touted as an untraceable and anonymous digital currency, even though it is neither at its core. Strangely enough, mainstream media has forgotten all about the headlines they wrote until a few weeks ago, as an untraceable Bitcoin alternative has launched. ZCash looks to bring anonymity to the digital currency ecosystem, making it perfect for those who wish to use....