ZCash (ZEC) is a cryptocurrency or a form of digital asset. ZCash (ZEC) price for today is $52.28 or 0.0049 BTC with a 24-hour trading volume of $ 121.17 Million. ZEC price changes -2.66 % in the last 24 hours. It has a circulating supply of 7.23 Million coins and a max supply of 0 coins.
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, reciever, ammount) is encrypted, without the possibility of double-spending. The only information that is revealed regarding transactions is the time in which they take place.
Block explorer data from https://explorer.zcha.in/
|ZEC/BTC Price||฿ 0.0049|
|24h Vol||$ 121,171,106|
|Market Cap||$ 378,062,086|
|Full Name||ZCash (ZEC)|
|Available/Total Supply||7.23 M - 0|