Algorithm Equihash
Current Height 1296572
Difficulty
Price $ 113.37
+4.89%
High (24h) $ 116
Low (24h) $ 107
12063087,8936913.0
57.44%
Circulating Rate
287042749.74673253,1080554693.7282596
20.99%
Turnover Rate
1367597386.789776,-1367597386.789776 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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