Algorithm Equihash
Current Height 1015288
Difficulty
Price $ 64.84
+7.87%
High (24h) $ 65
Low (24h) $ 60
10298000,10702000
49.04%
Circulating Rate
661246132.2248398,6501666.217787266
99.03%
Turnover Rate
667747798.4426271,-667747798.4426271 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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