Algorithm Equihash
Current Height 3481686
Difficulty
Price $ 1139.90
+0.62%
High (24h) $ 1159
Low (24h) $ 1114
16866879,4133121.0
80.32%
Circulating Rate
805894450.7196025,18420620824.426003
4.19%
Turnover Rate
19226515228.92868,-19226515228.92868 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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