Algorithm Equihash
Current Height 3326513
Difficulty
Price $ 349.81
+6.82%
High (24h) $ 355
Low (24h) $ 326
16653507,4346493
79.30%
Circulating Rate
487851222.83658296,5337639546.088687
8.37%
Turnover Rate
5825490448.662547,-5825490448.662547 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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