Max Supply
21,000,000.0 ZEC
Remaining Supply
4,671,731
ZEC
Circulating Supply
16,328,268 ZEC
16328268,4671732.0
77.75%
Circulating Rate
Volume (24h)
¥ 500,638,442
$ 70,867,794
70867793.71906365,431809460.43175286
14.10%
Turnover Rate
Market Cap
¥ 3,551,113,031
$ 502,677,231
502677231.0615382,-502677231.0615382
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.
More