ZEC

Zcash

$85.22
  • 1h-0.71%
  • 24h+2.01%
  • 7d+19.60%
  • Rank24of 4360
  • Market capitalisation$830,392,292.560.24% of total0.61% of altcoins
  • 24h volume$413,276,672.350.48% of total0.64% of altcoins
  • Available supply9,744,343.75
  • Total supply9,744,343.75
  • Max supply21,000,000

Launched in 2016 by Zooko Wilcox-O’Hearn and based on the Zerocoin protocol, Zcash (ZEC) is a decentralized and open-source privacy-focused cryptocurrency that enables selective transparency of transactions. Zcash transactions can either be transparent or shielded through a zero-knowledge proof called zk-SNARKs. This allows the network to maintain a secure ledger of balances without disclosing the parties or amounts involved. Instead of publishing spend-authority and transaction values, the transaction metadata is encrypted and zk-SNARKs are used to prove that nobody is being dishonest.

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