Algorithm Equihash
Current Height 2748145
Difficulty
Price $ 64.62
+8.98%
High (24h) $ 67
Low (24h) $ 59
16328268,4671732
77.75%
Circulating Rate
140227942.29565758,914952508.5882106
13.29%
Turnover Rate
1055180402.416676,-1055180402.416676 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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