Algorithm Equihash
Current Height 1217491
Difficulty
Price $ 265.52
+6.60%
High (24h) $ 266
Low (24h) $ 241
11569262,9430738.0
55.09%
Circulating Rate
1213471609.2941778,1858451800.535291
39.50%
Turnover Rate
3071923277.0671854,-3071923277.0671854 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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