ZEC

ZEC

Zcash
$36.11
+0.81%
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  • Market Cap
    $187,646,301
  • 24h Vol (Global)
    ฿9,076 ($71,959,159)
  • Circulating Supply
    5,196,519
  • Issue Date
    2016-10-28
  • Issue Price
    -
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
21,000,0005,196,5192016-10-28-POW1
explorer.zcha.in
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
7,659,818Equihashhttps://github.com/zcash/zcashhttps://z.cash/COIN

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, receiver, amount) is encrypted, without the possibility of double-spending. The only information that is revealed regarding transactions is the time in which they take place.

Teams
    Zooko Wilcox

    Zooko Wilcox

    Founder and CEO

    Zooko has more than 20 years of experience in open, decentralized systems, cryptography and information security, and startups. He is recognized for his work on DigiCash, Mojo Nation, ZRTP, “Zooko's Triangle”, Tahoe-LAFS, BLAKE2, and SPHINCS. He is also the Founder of Least Authority.

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    Nathan Wilcox

    Nathan Wilcox

    CTO

    Nathan is dedicated to open, secure technologies and has over 10 years of experience in software development, performance analysis, and security audits. Prior to Zcash, he managed development at Least Authority, where he led security audits for Ethereum, SpiderOak, Cryptocat, GlobaLeaks, and other projects. For fun, he enjoys developing tools for Python, Rust, and Ethereum.

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    Andy Murray

    Andy Murray

    CFO

    Andy Murray has 2 current jobs as CFO at Zcash and SVP & CFO at Swiftpage. Andy has been the Chief Financial Officer for multiple technology companies including six software companies comprised of 4 enterprise licensing models and 2 Software as a Service models. Andy completed a successful IPO as the CFO at SignalSoft Inc. going public on NASDAQ and later executed the sale of SignalSoft to Openwave Systems. Over the years, he has raised capital of over $135+ M in debt and equity.

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Introduction

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, receiver, amount) is encrypted, without the possibility of double-spending. The only information that is revealed regarding transactions is the time in which they take place.

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