Algorithm Equihash
Current Height 1679761
Difficulty
Price $ 98.79
-0.85%
High (24h) $ 102
Low (24h) $ 94
14457975,6542025
68.85%
Circulating Rate
161821630.48901293,1266467203.637264
11.33%
Turnover Rate
1428288834.126277,-1428288834.126277 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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