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ZECUSD
Zcash / United States dollar
crypto Composite

Real-time
5/30/2023 5:15:42 PM UTC
33.580USD-0.030%(-0.010)16,261ZEC545,402USD
33.547Bid   33.610Ask   0.063Spread
OverviewHistoricalTrendsNewsMore
Composite
33.580
Coinbase
33.580
Gemini
33.560
Bitfinex
33.632
Kraken
33.490
Binance.US
33.600
Bittrex
33.034
open chart   
open chart   
Market Cap
548.303M USD
Category
Payments
Sector
Currencies
Consensus
Proof-of-Work
Hash
Equihash
Genesis Block
2016-10-28
Related
ZECUSDTZECEURZECBTCZECETH
Jan 25, 2022
07:00AM EST  OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced the fourth quarter 2021 performance and quarterly rebalancing of the OTCQX and OTCQB indexes, including the OTCQX Canada Index and the OTCQX Dividend Index.   GlobeNewswire Inc
Nov 30, 2021
08:30AM EST  Grayscale Investments, the worlds largest digital currency asset manager, today announced the launch of Grayscale Solana Trust -- the sixteenth product in Grayscales suite of investment offerings.   GlobeNewswire Inc
Oct 18, 2021
08:30AM EDT  Grayscale Investments, the worlds largest digital currency asset manager, today announced that Grayscale Zcash Trust, Grayscale Stellar Lumens Trust, and Grayscale Horizen Trust (the Trusts) have begun trading on the OTCQX Best Market, the top tier operated by OTC Markets Group Inc., under symbols ZCSH, GXLM, and HZEN, respectively.   GlobeNewswire Inc
08:02AM EDT  OTC Markets Group Welcomes Grayscale Stellar Lumens Trust, Grayscale Horizen   PR Newswire
Oct 15, 2021
04:36PM EDT  Forget NFTs, The Crypto Community Is Crazy About Tungsten Cubes   Benzinga
More News
Profile
Zcash is a privacy-preserving cryptocurrency providing anonymous value transfer using zero-knowledge cryptography. The protocol provides the option for transactions to be either shielded, in which case they will be completely anonymous, or transparent, in which case they will be visible on the Zcash blockchain. Zcash pays out a portion of its block rewards, called the "Founder's Reward", to fund protocol development. It currently allocates the Founder's Reward to the Electric Coin Company and the Zcash Foundation who develop and steward the Zcash protocol respectively. Zcash, the protocol, is a distributed, time-stamped ledger of unspent transaction output (UTXO) transfers stored in an append-only chain of 2MB data blocks. A network of mining and economic nodes maintains this blockchain by validating, propagating, and competing to include pending transactions (mempool) in new blocks. Economic nodes (aka "full nodes") receive transactions from other network participants, validate them against network consensus rules and double-spend vectors, and propagate the transactions to other full nodes that also validate and propagate. Valid transactions are sent to the network's mempool waiting for mining nodes to confirm them via inclusion in the next block. Mining nodes work to empty the mempool usually in a highest-to-lowest fee order by picking transactions to include in the next block and racing against each other to generate a hash less than the target number set by Zcash's difficulty adjustment algorithm. Zcash uses a Proof-of-Work (PoW) consensus mechanism to establish the chain of blocks with the most accumulated "work" (a.k.a., energy spent on solved hashes) as the valid chain. Other network peers can cheaply verify the chain's work 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 (zero-knowledge succinct non-interactive arguments of knowledge). Zk-SNARKs are specific zero-knowledge proofs whereby 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. Zcash addresses are either private (z-addresses) or transparent (t-addresses). Z-addresses start with a "z," and t-addresses start with a "t." The two Zcash address types are interoperable, and funds can be transferred between z-addresses and t-addresses. A Z-to-Z transaction appears on the public blockchain, so it is known to have occurred and that the fees were paid. But the addresses, transaction amount and the memo field are all encrypted and not publicly visible. Transactions between two transparent addresses (t-addresses) work just like Bitcoin: The sender, receiver and transaction value are publicly visible. The owner of an address may choose to disclose z-address and transaction details with trusted third parties using view keys and payment disclosure.

Zcash (ZEC-USD) Live Summary

Zcash price today is $33.580, and the 24-hour volume is 16,261. Zcash is down -0.030% in the last 24 hours. Zcash market cap is $548,303,265 with a circulating supply of 16,328,269. The max supply is 21,000,000.


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