Zcash
ZECWhat is Zcash (ZEC): complete guide for Beginners and Investors
Zcash is a privacy cryptocurrency: transactions can be shielded so that sender, recipient and amount stay hidden while still being verifiable.
Rate
At this moment, the price of Zcash is —. The 24-hour trading volume is —. Over the past 24 hours, the price of Zcash has changed from — to —. The daily high reached — over the past 24 hours, while the daily low was —.
History
Launched in 2016 out of academic cryptography research, with a widely publicised multi-party ceremony to generate its initial parameters.
Technology
It uses zero-knowledge proofs — zk-SNARKs — to prove a transaction is valid without revealing its contents. Shielded and transparent addresses coexist on the same chain.
Use cases
ZEC is held by those who consider financial privacy essential, and it reacts to regulatory news about privacy technology more than most assets.
Forecast
Walbi does not publish price targets. What can be said is what moves this instrument: zEC is held by those who consider financial privacy essential, and it reacts to regulatory news about privacy technology more than most assets. It trades here as a USD-settled perpetual contract, so a position carries no ownership of the underlying and funding is exchanged between long and short holders for as long as it stays open.
Zcash details
| Ticker: | ZEC |
|---|---|
| Website: | https://z.cash |
| Algorithm: | Proof of Work |
| Max Supply: | 21 million ZEC |
| Type: | Cryptocurrency · Privacy |
| Founder: | Zooko Wilcox and the Electric Coin Company |
| Launch: | 2016 |