Algorithm Equihash
Current Height 1401639
Difficulty
Price $ 109.98
-9.82%
High (24h) $ 123
Low (24h) $ 106
12719968,8280032
60.57%
Circulating Rate
258912168.07549098,1140008579.9448848
18.51%
Turnover Rate
1398920665.5366385,-1398920665.5366385 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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