ZCASH Mining is Set to Begin on 28 October.

It is time to set up your cloud mining for ZCASH. Genesis Mining is offering a Promo of 3% savings when you use promo coupon code gD3srb. I imagine many of my fellow Steemers will try to set up ZCASH mining for themselves. Personally I don't have the time or technical knowledge. So I will outsource my ZCASH mining.

Why ZCASH?

I have to admit that I have been caught up in the hype of ZCASH!

WHAT IS ZCASH?

Zcash offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Unlike Bitcoin, Zcash transactions automatically hide the sender, recipient, and value of all transactions on the blockchain. Only those with the correct view key can see the contents. Users have complete control and can opt-in to provide others with their view key at their discretion.

Zcash transactions do not depend on the cooperation of other parties.

HOW DOES IT WORK?

Since the contents of Zcash transactions are encrypted and private, the system uses a novel cryptographic method to verify payments.

Zcash uses a zero-knowledge proof construction called a zk-SNARK, developed by our team of experienced cryptographers. These constructions allow the network to maintain a secure ledger of balances without disclosing the parties or amounts involved. Instead of publicly demonstrating spend-authority and transaction values, the transaction metadata is encrypted and zk-SNARKs are used to prove that nobody is cheating or stealing.

WHO IS BEHIND ZCASH?

All of the authors of the Zerocash protocol are on our team, which includes most of the creators of the Zerocoin protocol and leading researchers of zk-SNARKs themselves.

Check Out the Investors Page on the ZCASH Website.

I am working on some amazing crypto projects but the ZCASH mining launch has me all worked up. If you were looking at ShadowCash or Monero then this is a crypto currency that you should consider.

If You Need to Know Why ZCASH is the Talk of the Crypto World Check out the Buzz Page.

Use Coupon Code gD3srb when signing up on Genesis Minng and Save 3%.

I personally invested One Bitcoin into ZCASH mining on Genesis Mining. If I see that it does well I will increase my investment.

ZCash Image credit to @AxiomDivine