Privacy Coin Zcash Makes Its Ethereum ‘Wrapped’ Debut With Tokensoft and Anch...

Privacy Coin Zcash Makes Its Ethereum ‘Wrapped’ Debut With Tokensoft and Anch...

WZEC is the first asset to be launched by “Wrapped,” a partnership between Ethereum tokenizers Tokensoft and qualified custodian Anchorage.


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How Edward Snowden Helped Create Privacy Coin Zcash

Per a Forbes exclusive, activist Edward Snowden revealed his participation in a ceremony that led to the creation of the privacy coin Zcash. Developed by the Electric Coin Company (ECC), the privacy coin was deployed in 2016 in a secret ceremony with the aid of 6 individuals. Related Reading | New York Prosecutors Present Clear Legal […]

Altcoin Report: Zcash ‘Bug’ Diminshes Privacy

Zcash encounters technical problems, Mintcoin proves controversial, and BipCoin makes its debut. Want to catch up on your latest altcoin news? Read the stories below. ZCASH. Zcash, the latest addition to the world of altcoins, has encountered a bug that prevents private transactions. The official website states: “There is one known bug, which causes private transactions (those in which all of the inputs and outputs are shielded addresses) not to get mined. We’re going to release v1.0.1 shortly to fix it.” Funds sent to “t” addresses can be processed, while “z” addresses are out of the....

ZCash on Ethereum: Anonymity With Smart Contracts

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....

Is Zcash Giving Investors Mixed Signals?

Zcash has been giving investors some relatively mixed signals, making crypto-enthusiasts a little unsure of where they stand. Following the digital currency’s recent launch, trading on Poloniex shot to explosive records, and the price of Zcash reached approximately $2 million per coin, an incredible improvement over the mere $1,000 investors were paying near the beginning. Matthew Green, an assistant professor at Johns Hopkins University who began working on Zcash three years ago, explained some of the motivation behind the cryptocurrency’s birth: “The basic story is that we have been....

Electric Coin Company Reveals Zcash Network to Transition to Proof-of-Stake i...

On Friday, Electric Coin Company (ECC), the developers behind the privacy-centric crypto-asset zcash, revealed the network plans to transition to proof-of-stake (PoS) consensus. ECC also revealed the team plans to launch an official ECC wallet, as well as bolster the network’s cross-chain interoperability. Zcash to Change From PoW to PoS The Zcash network currently leverages a proof-of-work mining algorithm called Equihash, which allows miners to compete in order to find new blocks on the Zcash chain. In a blog post published on November 19, ECC announced the network will....