Coin Information - Zcash - ZEC



ZEC
Zcash

Market Capitalization
USD 514,987,024.022
24hr Volume (Global)
243,839,204.628
Circulating Supply
9,538,493.75
Current Price
USD 53.9903927727
Date (UTC)
2020-07-07 08:38:34
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.
Last
0.00575072
24h Change
-1.862%
24h High
0.00609483
24h Low
0.00567411
24h Volume
28.70163129 ZEC
Interval