The Zcash Blockchain is Now Live
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.....
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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....
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....
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....
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....