Algorithm Equihash
Current Height 3303120
Difficulty
Price $ 379.54
+21.43%
High (24h) $ 383
Low (24h) $ 310
16621317,4378683
79.15%
Circulating Rate
1044018690.1051837,5264515618.474816
16.55%
Turnover Rate
6308534008.536105,-6308534008.536105 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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