Algorithm Equihash
Current Height 3481746
Difficulty
Price $ 1129.23
-1.53%
High (24h) $ 1159
Low (24h) $ 1114
16866978,4133022.0
80.32%
Circulating Rate
881835687.957256,18164806150.402687
4.63%
Turnover Rate
19046641792.575672,-19046641792.575672 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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