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Algorithm Equihash
Current Height 3533533
Difficulty
Price $ 1300.40
+4.05%
High (24h) $ 1323
Low (24h) $ 1246
16938152,4061848
80.66%
Circulating Rate
867723591.2141122,21158668010.24404
3.94%
Turnover Rate
22026391386.183514,-22026391386.183514 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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