Decrypt’s Tim Copeland attended a developer conference hosted by the Electric Coin Company in Croatia. He reports that the company is considering the most significant possible changes to its product, Zcash. #2 Privacy Coin Considering Massive Development Pivot If you’re studying crypto, you may have heard of Zcash. It’s a “privacy coin” which allows users to guard their transaction details from the public, and currently the #2 coin in its class by market capitalization (after Monero). Zcash developers want the cryptocurrency to service as many as 10 billion people in the coming three decades, Copeland reports, and they’re willing to
Zcash (ZEC), one of the largest privacy coins, will soon undergo its first “friendly fork,” creating Ycash, an effort to uphold a few notable early tenants of the Zcash project including mineability on retail hardware. Announcing Ycash, The First ‘Friendly Fork’ of the Zcash Blockchain https://t.co/tqPSC3GViZ — Ycash Foundation (@YcashFoundation) April 11, 2019 According to the […]
The company behind privacy coin Zcash (ZEC) announced Thursday that it is rebranding from Zcash Company to Electric Coin Company to better differentiate itself from Zcash’s non-profit foundation and the coin itself. The change also mirrors the company’s legal name, which has always been Zerocoin Electric Coin Company, LLC. Zcash Company is now the Electric Coin […]
San Francisco-based Coinbase announced Friday that privacy coin Zcash (ZEC) has become the latest project to be featured in Coinbase Earn, a new section of the website that allows users to earn cryptocurrency while learning by completing specific tasks like watching videos. While previous additions to the Earn program, like Basic Attention Token (BAT), have been welcomed by the crypto […]
Tel Aviv-based trading app eToro announced this week that Zcash (ZEC) has become the latest altcoin to join the growing list of tradeable digital assets. Zcash is now available on eToro. As our selection of cryptocurrencies continues to grow and expand, we are happy to introduce the most recent addition: Zcash. You can now buy and sell […]
Following the launch of Zcash (ZEC) on Coinbase Pro last week, Coinbase has announced support for the cryptocurrency on Coinbase.com and on the crypto exchange’s Android and iOS apps, enabling users to buy, sell, send, receive, or store ZEC throughout the company’s platforms and services. Zcash Now Available on Retail Brokerage Coinbase At the moment, Zcash support is
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One week after Coinbase listed privacy coin Zcash (ZEC) on Coinbase Pro, the exchange has announced that ZEC is now live on its retail trading app for iOS and Android. ZEC is now live on Coinbase and in the Android and iOS apps. Coinbase customers can log in now to buy, sell, send, receive, or store ZEC. https://t.co/dR1h0eqIqe — […]
On November 30, Zcash (ZEC), a privacy-focused cryptocurrency, was integrated into Coinbase Pro, a U.S.-based regulated digital asset exchange operated by Coinbase. The exchange told investors that throughout the foreseeable future, withdrawals of Zcash shielded transactions, private or anonymous transactions on the Zcash network, will not be supported. Coinbase said: “Initially, we will support deposits
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Digital asset exchange Kucoin has partnered with an Israeli startup to introduce credit card payments for cryptocurrency purchases and we’ve covered it in The Daily. Also, Coinbase has added privacy coin zcash to its professional trading platform, while Okex has delisted dozens of trading pairs with low liquidity. And in Ghana, over 100,000 investors have lost millions of dollars in a coin scam.
Popular cryptocurrency exchange Coinbase is launching Zcash (ZEC) trading on its professional trading platform Coinbase Pro. The announcement made via Coinbase’s blog page states that inbound transfers of the currency will begin at 10 p.m. PST on Thursday, November 29, 2018, though early deposits have already begun.
The blog reads, “Once sufficient liquidity is established, trading on the ZEC/USDC order book will start. ZEC trading will initially be accessible for Coinbase Pro users in the U.S. (excluding New York), the U.K., the European Union, Canada, Singapore and Australia. Additional jurisdictions may be added later.”
A few of the top 15 cryptocurrencies saw notable increases over the past twenty-four hours. Stellar saw a gain of 15% against the US dollar, with 22% of its volume being against USD or USD-pegged cryptocurrencies themselves – meaning these gains are realistic, not just figurative. Litecoin gained over 13% against the dollar while Monero
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Researchers at computer security firm McAfee Labs discovered a lethal new cryptojacking malware called “WebCobra,” which steals victims’ computing power to mine the cryptocurrencies Monero or Zcash secretly. The spike in cryptocurrency prices has inspired a new wave of cybercriminals, who use malware to cannibalize unsuspecting victims’ computers to mine crypto. Infections Spotted In Brazil, … Continued
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Privacy-focused Zcash, currently worth just over $ 110 per coin, has completed a network upgrade dubbed “Sapling” that it says will vastly improve transaction speed as well as reduce the actual size of transactions themselves. Zcash hopes that this will make mobile and other types of transactions more common and feasible on the network, saying it
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For those who don’t know, Zcash is a privacy focused cryptocurrency, much like Monero. Zcash has been designed to use strong scientific protocol to ensure enhanced security and enhanced privacy. By protecting privacy and ensuring security, Zcash is considered one of the truly secure cryptocurrencies.
If we take Bitcoin as an example, Bitcoin transactions are publicly visible, though transactions are somewhat anonymised, these transactions can be traced. With a simple analysis, users of the Bitcoin blockchain can then be identified. With Zcash however, transactions are publicly visible, however though using intelligent algorithms, transaction data is kept totally confidential. According to the Zcash website:
GMO Internet, Inc., a Japanese tech giant focused on finance, media and now cryptocurrency, announced this week that it has expanded its crypto mining business beyond ASIC miners for Bitcoin to launch a free-to-use software for mining privacy coin Zcash (ZEC) with Nvidia-based rigs. According to the announcement, the software is specifically designed for Nvidia […]
Japanese tech firm GMO is expanding its nascent cryptocurrency mining operation beyond bitcoin through the release of a software client designed to mine zcash and other Equihash-based cryptocurrencies using general-purpose GPU chips. Japanese Firm Releases Zcash Mining Software Dubbed Cryptoknocker, the software has specifically been developed for mining rigs composed of Nvidia graphics cards (GeForce
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Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these system to work, it comes with a significant downside: privacy is often quite limited. Analytics companies and other interested parties — let’s call them “spies” — have ways to analyze the public blockchains and peer-to-peer networks of cryptocurrencies like Bitcoin, to cluster addresses and tie them to IP addresses or other identifying information.
Ethereum co-creator Vitalik Buterin has a plan to scale the Ethereum network to accommodate a ~3,200 percent increase in transactions without the use of second-layer technologies such as Plasma. Buterin: ZK-SNARKS Could Help ETH Scale to 500 tx/s Writing on an ETH research forum in a post originally published on Saturday, Buterin said that Ethereum
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Scalability problems plague Ethereum. Often, the Ethereum blockchain is clogged and slow, hardly a surprise given how many projects exist on the Ethereum blockchain though. There could be a new solution within some new practices that have been pioneered within the Zcash network, according to Coindesk:
“A form of cryptography pioneered by zcash might help scale ethereum, founder of the platform Vitalik Buterin said on a research forum Saturday. Named zk-snarks, Buterin said, by using the tech, ethereum can potentially scale ‘by a huge amount’ up to 500 transactions per second, without relying on layer-two scaling solutions.”
Cryptocurrencies will need to undergo some big changes if they want to remain relevant as more time progresses. In the case of ZCash, one of its biggest changes to date is coming to fruition. The following aspects about the perceived “Sapling” upgrade well worth keeping an eye on moving forward. They all usher in some interesting developments for this particular cryptocurrency.