"ZEC"

Search result of

ZEC (Zcash) was launched on October 28, 2016, and belongs to the category of privacy coins in the cryptocurrency market. ZEC is the first blockchain system to use a zero-knowledge proof mechanism, which provides complete payment confidentiality while still maintaining a decentralized network on a public blockchain. Similar to BTC, ZEC has a total supply of 21 million. However, unlike BTC, transactions on ZEC automatically hide the sender, receiver, and amount on the blockchain, and only those with keys can see the content of transactions. Users have full control over their keys and can choose to provide them to others to view the information. ZEC can be seen as a branch of BTC, as it retains the original BTC model and is based on modifications to a version of the Bitcoin code.

Zcash (ZEC) is a privacy-focused cryptocurrency that allows users to choose anonymity when conducting transactions. It is based on the Bitcoin codebase but utilizes a different hashing algorithm and security protocol. Zcash employs zero-knowledge proofs (zk-SNARKs) technology to offer "shielded addresses," enabling transaction anonymity. Users can opt for shielded or transparent transactions. The total supply of Zcash is capped at 21 million, similar to Bitcoin.

Zcash is a privacy coin created in 2016. The cryptocurrency was designed to undergo halving once in approximately four years. What is the impact of halving on Zcash?

This article introduces various privacy protocols in different blockchains, employing diverse methods to achieve privacy for blockchain users.

This article uses six charts to analyze the trends in the 2023 crypto industry, Crypto S&P 500, performance index of various sectors, individual cryptocurrencies, winners and losers among cryptocurrencies, and the performance index of smart contracts.

This article elucidates the fundamental principles of zero-knowledge proofs, their extensive applications, and the specific implementation of Zk-Proofs in a manner that is straightforward and easy to understand.

XMR, a privacy coin based on the CryptoNote protocol, was created in about 2013-2014. It is designed to achieve absolute anonymity through ring signatures and stealth addresses.

FLUX is a blockchain platform that aims to provide users with decentralized infrastructure to build Web 3.0 applications. Discover its features and potential as an investment.

An Unspent Transaction Output (UTXO) refers to the amount of cryptocurrency left after a transaction, which can be consumed at any point in time.

Privacy coins are cryptocurrencies designed to provide enhanced anonymity and privacy for users and their transactions.

This article delves into the role of Zero-Knowledge Proofs (ZK) in enhancing blockchain scalability and protecting privacy, illustrating their application scope and implementation in transaction processes through practical case analyses. Ultimately, the text also addresses the necessary trade-offs and decisions to be made between compliance with regulations and the protection of individual privacy.

Tornado Cash is an industry-leading coin mixer that enables anonymous transactions. On August 8, the U.S. Department of the Treasury’s Office of Foreign Assets Control announced that it would sanction Tornado Cash, roiling the community. On August 8, U.S. local time, the Office of Foreign Assets Control of the US Department of the Treasury (OFAC) announced the sanctions against the mixed currency protocol Tornado Cash, roiling the community. This event is expected to be a watershed in the growth of DeFi, and even the entire crypto industry. Then, what is Tornado Cash? How does it work? How did it become the target of sanctions by the US government? You’ll find all the answers to these questions in this article.

Delayed Proof of Work (dPoW) is a secondary consensus security algorithm, strategically designed to enhance the security of blockchains facing heightened vulnerability due to their low hash rate.

Galaxy Digital is a technology-driven financial services and investment management company that offers a comprehensive range of financial solutions covering the digital asset ecosystem to institutional and direct clients. Led by its CEO and founder, Mike Novogratz, Galaxy Digital is operating in areas such as trading, asset management, investment banking, mining, and principal investments.

This article introduces Layer1 privacy blockchain Aleo, covering aspects like the development team, funding scale, prospects analysis, economic model, token functionality, and price predictions.