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.
|Zcash Price||58.12 USD|
|24h Volume||201,309,482 USD|
|Yesterday's Open / Close||$54.22 USD / $56.84 USD|
|Yesterday's High / Low||$56.93 USD / $53.62 USD|
|Yesterday's Change||+2.62 USD (+4.83%)|
|Yesterday's Volume||$201,463,515 USD|