Max Supply
21,000,000 ZEC
Remaining Supply
4,856,707
ZEC
Circulating Supply
16,143,292 ZEC
16143292,4856708
76.87%
Circulating Rate
Volume (24h)
¥
646,521,273
$ 89,902,004
89902004.24459672,536286685.22500753
14.36%
Turnover Rate
Market Cap
¥
4,503,173,191
$
626,188,669
626188668.5021938,-626188668.5021938
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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