Algorithm Equihash
Current Height 1474347
Difficulty
Price $ 262.85
-8.45%
High (24h) $ 288
Low (24h) $ 246
13174581,7825419
62.74%
Circulating Rate
1330896869.5224042,2132057444.724421
38.43%
Turnover Rate
3462954248.5340285,-3462954248.5340285 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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