Algorithm Equihash
Current Height 3117704
Difficulty
Price $ 308.04
-12.43%
High (24h) $ 362
Low (24h) $ 301
16286238,4713762.0
77.55%
Circulating Rate
808775146.0641557,4208076528.7781544
16.12%
Turnover Rate
5016851392.815718,-5016851392.815718 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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