Max Supply
21,000,000.0 ZEC
Remaining Supply
4,489,289
ZEC
Circulating Supply
16,510,710 ZEC
16510710,4489290.0
78.62%
Circulating Rate
Volume (24h)
¥
3,339,342,684
$ 480,487,875
480487875.27669233,5028846452.245808
8.72%
Turnover Rate
Market Cap
¥
38,289,322,549
$
5,509,334,314
5509334313.993411,-5509334313.993411
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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