Zcash Developers Contemplate Switch To Ethereum-based Block Timestamping
If this change were to implemented, a hard fork may not be necessary. Since the majority of network blocks are already using these requirements, a soft fork can be used. Ever since the ZCash project launched, developers have been making various changes to the code base. Improvements are always a welcome development, as well as keeping an eye on new features. A new proposal on GitHub indicates the project may switch to Ethereum-style block timestamps shortly. Some cryptocurrency enthusiasts see this as a lack of innovation. The launch of ZCash has been greeted with a lot of anticipation.....
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Uproov, a new and upcoming app for smartphones, is going to be the first to bring “heavyweight” real time global timestamping to the world, allowing anybody the ability to prove virtually anything without the need of “trusted” authorities. Timestamping is a process where certain information is wrapped in a block of the blockchain, thus engraving it “forever”. The concept is nothing new after the advent of Bitcoin, of course, and several online timestamping services have spawned in the past years: Tangible.io, Proof of Existence, OriginStamp, BitSig and BitProof. What can you do with a....
Ethereum Cofounder Vitalik Buterin feels that other blockchains, such as Dogecoin and Zcash should be following the same strategy now that the Ethereum merge has been completed. Ryan Selkis asked Buterin at the 2022 Messari Mainnet if all networks should shift to proof-of-stake (PoS) method. Buterin responded affirmatively. Zooko Wilcox-O’Hearn, the founder of Zcash, was […]
The developers of Zcash are on a mission to provide anonymity to cryptocurrency transactions and the team has been working with Ethereum developers to create the ‘HTTPS’ for Bitcoin’s internet of money. Zcash & Ethereum: Birth of ‘Baby ZoE’. This past July, Zcash developer Sean Bowe explained via the team’s blog that a group of programmers met at....
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....
Ethereum was designed and developed to operate as the base protocol for smart contract settlements. It allows multiple parties to establish unalterable agreements with one another for several use cases, mainly for legal purposes. The ZCash team is working on integrating its anonymous cryptocurrency and zk-SNARKs-based cryptography on top of Ethereum effectively anonymizing the protocol and providing a completely new level of privacy to Ethereum users. In a more technical sense, the ZCash team in collaboration with the members of the Ethereum R&D team are adding zero-knowledge succinct....