Algorithm Equihash
Current Height 3222625
Difficulty
Price $ 334.41
-8.38%
High (24h) $ 368
Low (24h) $ 332
16510652,4489348.0
78.62%
Circulating Rate
479425721.2732857,5041935827.522434
8.68%
Turnover Rate
5521361451.634029,-5521361451.634029 Dominance

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.

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