Zcash ZEC Price Charts Market Cap Index

Zcash ZEC Price Charts Market Cap Index

ZCash (ZEC) price charts, high low price, graph history, live trade market, market cap value, latest news and other info. ZEC to USD (ZEC/USD). Zcash price ✓ $ $50.60 USD (2.92 %) Zcash Stay up to date with the current price of Zcash .
ZCash (ZEC) CryptoRank 27
Website
N/A

ZCash (ZEC)
Zcash
ZEC Values ZEC

ZCash (ZEC) valuesUSD Price
$50.60

ZCash (ZEC) BTC Price
0.0050

ZCash (ZEC) 24h Vol
$85.19 M

ZCash (ZEC) Market Cap
$365.13 M

ZCash (ZEC) Circulating
7,215,931

24h Vol
8,394 BTC
1 Hr
0.08 %
24 Hr
2.92 %
7 Day
-12.67 %
Today ZCash (ZEC) price in US dollars is currently $50.60 USD, and if converted to Bitcoin is 0.0050 BTC. ZCash (ZEC) prices are currently changing by 2.92% , with total coins in circulation totaling 35,978 coin's . Over the past 24 hours $85.19 M US dollars ZCash (ZEC) has been traded on Crypto Exchanges and 203 total market cap pairs. Get ZCash (ZEC)'s progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
ZCash (ZEC)
Start Date
N/A
Algorithm
Equihash
Proof Type
PoW
Facebook
N/A
ZCash (ZEC) Block NumberBlock Number
587145
ZCash (ZEC) Block TimeBlock Time
150
ZCash (ZEC) Block RewardBlock Reward
10
Total Mined
7,215,931 ZEC
Max Supply
0
ZCash (ZEC) Net Hashes Net Hashes
4,718,725,727.00 H/s
ZEC Charts

ZCash (ZEC) Price Charts

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Description

ZCash (ZEC) Description

ZCash is a privacy driven cryptocurrency. It uses the Equihash as an algorithm, which is an asymmetric memory-hard Proof of Work algorithm based on the generalized birthday problem. It relies on high RAM requirements to bottleneck the generation of proofs and making ASIC development unfeasible. 

ZCash uses  zero-knowledge Succinct Non-interactive Arguments of Knowledge (zk-SNARKs) to ensure that all information (sender, reciever, ammount) is encrypted, without the possibility of double-spending. The only information that is revealed regarding transactions is the time in which they take place.

Block explorer data from https://explorer.zcha.in/

Technology

ZCash (ZEC) Technology

zk-SNARKs

The Basic

Zcash is the first widespread application of zk-SNARKs, a novel form of zero-knowledge cryptography. The strong privacy guarantee of Zcash is derived from the fact that shielded transactions in Zcash can be fully encrypted on the blockchain, yet still be verified as valid under the network’s consensus rules by using zk-SNARK proofs.

The acronym zk-SNARK stands for “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge,” and refers to a proof construction where one can prove possession of certain information, e.g. a secret key, without revealing that information, and without any interaction between the prover and verifier.

“Zero-knowledge” proofs allow one party (the prover) to prove to another (the verifier) that a statement is true, without revealing any information beyond the validity of the statement itself. For example, given the hash of a random number, the prover could convince the verifier that there indeed exists a number with this hash value, without revealing what it is.

 

Application to ZCASH

In order to have zero-knowledge privacy in Zcash, the function determining the validity of a transaction according to the network’s consensus rules must return the answer of whether the transaction is valid or not, without revealing any of the information it performed the calculations on. This is done by encoding some of the network's consensus rules in zk-SNARKs. At a high level, zk-SNARKs work by first turning what you want to prove into an equivalent form about knowing a solution to some algebraic equations. In the following section, we give a brief overview of how the rules for determining a valid transaction get transformed into equations that can then be evaluated on a candidate solution without revealing any sensitive information to the parties verifying the equations.

Features

ZCash (ZEC) Features

Privacy Enhanced

A decentralized and open-source cryptocurrency that provides strong privacy protections. If Bitcoin is like http for money, Zcash is https—a secure transport layer.

 

Quick Stats
Zcash Rank 27
Zcash Price $50.60
Zcash Price (BTC) ฿ 0.0050
24h Vol$ 85,192,772
Market Cap$ 365,125,794
1h
0.08 %
24h 2.92 %
7d
-12.67 %
Coin Details
NameZCash (ZEC)
SymbolZEC
Start Date -
Total Mined 7,214,319
Previous Mined -
Net Hashes 4,718,725,727
Algorithm Equihash
Proof Type PoW
White Paper -
Top Coins
NamePrice24h
1. BTC $10,148.70 -2.07 %
2. ETH $184.26 -0.55 %
3. XRP $0.27 0.71 %
4. BCH $304.80 -1.65 %
5. LTC $72.35 -2.87 %
Top Gainers
NamePrice24h
312. BDT $0.12 9758.94 %
1168. BAY $0.020 1152.54 %
1188. CREDO $0.0068 589.33 %
1261. CYFM $0.000018 537.61 %
1504. WSP $0.0040 536.47 %
Top Losers
NamePrice24h
1359. ZEUS $0.0000030 -92.98 %
2161. GMBC $0.00012 -74.45 %
1838. COU $0.0000020 -72.89 %
2177. LVL $0.00011 -71.27 %
1889. LRM $0.00023 -71.10 %
Zcash News
ZCash (ZEC) Delisted from UK Coinbase Branch

ZCash (ZEC) Delisted from UK Coinbase Branch
The anonymous coin faced headwinds as the requirement for exchange transparency...

Crypto Savings App Goes Live in UK, Denmark, Czechia, and Estonia

Crypto Savings App Goes Live in UK, Denmark, Czechia, and Estonia
A cryptocurrency startup has launched a savings app for digital assets in four E...

Crypto Firms in the Czech Republic Must Register With Regulators or Face a $500,000 Fine: Report

Crypto Firms in the Czech Republic Must Register With Regulators or Face a $500,000 Fine: Report
Cryptocurrency-related businesses operating within the Czech Republic are report...

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