European Hackers Group Holds ICO For Modified ZCash Suited For Deep Web
A group of European hackers is holding an ICO for an altcoin that it claims is a version of ZCash that has improved privacy and anonymity, the group announced in a prepared statement. The self-described “ethical” hackers group views this altcoin, called Ebitz, as suited for use on the Deep Web. Ebitz tokens will be available for purchase through Dec. 26 or until it reaches its 500 BTC goal. Unlike ZCash, Ebitz doesn’t support “founder rewards.” The consensus algorithm has been changed to proof-of-stake to prevent the platform from being controlled by few centralized GPU farms. An Improved....
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Just as the recent arrival of ZCash pushes it claim as the leading anonymous digital currency over Monero, a new coin is now seeking to relieve ZCash of the same claim, tagging itself as “an advanced version of ZCash with better privacy and selective transparency.” Ethical hackers. Developed by a group of European ethical hackers, Ebitz touts itself as a new version of ZCash, minus its two identified problems - more than 20 percent of the supply within the first four years will be allocated to private investors, and a slow start mining solution with few private investors having access to....
Over the past few months, an increasing number of cryptocurrency enthusiasts and investors have cited the importance of ZCash and its potential impact on the ecosystem of digital currencies in terms of privacy and anonymity. However, there exists a relatively large community of experts and users that aren’t convinced of the ZCash hype train. Merits. Many investors and experts including Dan Morehead of prominent bitcoin venture capital Pantera Capital are optimistic towards the features of ZCash that can cover the limitations of bitcoin. As Morehead outlines, some of them include: Selective....
In the game of anonymity, cryptocurrency fans have embraced Bitcoin and the blockchain technology which drives it. The technology does record and stamp the transaction, and is placed in the cloud, unlike Zcash, which sees its alpha release. Zcash has coded a decentralized network using a public blockchain. He and his team, a group of cryptologists, computer science and information security academics, have launched the first public alpha release of the world’s best effort to date of untraceable digital money. Wilcox’s Zcash, a “zero-knowledge proof” alternative to bitcoin, publishes its....
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....
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....