Zcash: Difference between revisions
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{{about|'''Zcash''' (cryptocurrency), not about Zerocoin|that|Zerocoin}} |
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'''Zcash''' is a decentralized and open-source [[cryptocurrency]] that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private. |
'''Zcash''' is a decentralized and open-source [[cryptocurrency]] that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.<ref>{{Cite web|url=https://news.bitcoin.com/snowden-zcash-bitcoin-risks/|title=Snowden: Anonymous 'Zcash' Could Solve Bitcoin Surveillance Risks|accessdate=2016-10-08|author=Jon Southurst|date=2016-06-07|publisher=Bitcoin.com|language=英文}}</ref><ref>{{Cite web|url=https://z.cash/about.html|title=Zcash - About|accessdate=2016-10-08|language=英文|quote=Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.}}</ref> |
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== References == |
== References == |
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Revision as of 14:17, 9 October 2016
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 Zcash logo | |
| Unit | |
|---|---|
| Symbol | ZEC |
| Demographics | |
| Date of introduction | 28 October 2016 |
| User(s) | Worldwide |
| Valuation | |
| Supply growth | edit |
Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.[1][2]
History
Starting in 2014, the Zcash protocol (briefly know as "Zerocash") was developed through a collaboration between the original Zerocoin researchers at John Hopkins University and a group of cryptographers at MIT, the Israel Institute of Technology, and Tel Aviv University, who together were able to improve upon the original design by making it more efficient and more anonymous.
The Zcash porject was formally announced by CEO Zooko Wilkox on Jan 20, 2016, as an evolution of the existing Zerocoin project (the work of Matthew Green, Ian Miers, Christina Garman, Aviel D. Rubin, at The Johns Hopkins University Department of Computer Science, Baltimore)
"With the new Zerocash protocol, unlike the old Zerocoin protocol, users can make direct payments to each other with a vastly more efficient cryptographic protocol that also hides the amount of the payment, not just its origin."
This new protocol by Eli Ben-Sasson, Alessandro Chiesa, Christina Garman, Matthew Green, Ian Miers, Eran Tromer, and Madars Virza produced a coin which would no longer be an “Add-On” to the original Bitcoin but instead would be a new full-fledged digital currency.
The first mining of ZEC is due to commence with the release of the 1.0.0 "Sprout" release on October 28, 2016.
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See also
References
- ^ Jon Southurst (7 June 2016). "Snowden: Anonymous 'Zcash' Could Solve Bitcoin Surveillance Risks" (in 英文). Bitcoin.com. Retrieved 8 October 2016.
{{cite web}}: CS1 maint: unrecognized language (link) - ^ "Zcash - About" (in 英文). Retrieved 8 October 2016.
Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.
{{cite web}}: CS1 maint: unrecognized language (link)
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