[ZCASH] New release of Zcash - extra high-anonymity crypto [RELEASE]
Greetings, steemians! There is a new Zcash release ready. Let's read a little about it.
Zcash developer "str4d" has announced the release of Zcash (ZEC) 1.0.12, the latest stable build of project's proof-of-work (Equihash) cryptocurrency with (optional) privacy features to conceal the transaction details on the blockchain:
"Today we're announcing the release of Zcash 1.0.12, which includes bug fixes and usability improvements. It also adds a new RPC method z_shieldcoinbase as an experimental feature, for easily shielding Coinbase UTXOs. We encourage mining pools and exchanges to test it out over the next few weeks, and give feedback, before we make it a fully-supported RPC method in an upcoming release. Summary of the changes included in this release: we added z_shieldcoinbase as an experimental feature; we changed the importprivkey RPC method to return the public address corresponding to the imported key; we fixed build issues encountered when using GCC 7; we added support for fetching the public network parameters from IPFS."
Here are the complete release notes as published on the project's GitHub pages.
The Zcash project releases official wallets for Debian-based distributions only (unofficial third-party wallets are available from here): zcash-1.0.12-amd64.deb (3.00MB). The source link: v1.0.12.tar.gz (4.57MB, compile instructions).
About Zcash
| Date of Launch | 2016-10-28 |
|---|---|
| Forked from | Bitcoin |
| Total Number of Coins | 21,000,000 |
| Consensus Mechanism | Proof-of-Work |
| Hashing Algorithm | Equihash |
| Supported Platforms | Linux |
| Status | Healthy |
| Popularity | 20 (10.8 hits per day) |
Zcash (ZEC) is a decentralised, open-source cryptocurrency launched in October 2016 as a fork of Bitcoin. Its main focus is on privacy and anonymity of transactions. The project uses a technology called "Zerocash", a cryptographic currency protocol that does not reveal the origin, destination and the amount of the payment in the blockchain; instead, the correctness of the transaction is demonstrated via the use of a cryptographic concept called "zero-knowledge proof". Like Bitcoin, Zcash is a proof-of-work cryptocurrency generated by mining with a total supply set at 21 million coins. The block time is just 2.5 minutes (four times faster than Bitcoin's), but the reward is initially set to 12.5 ZEC per block (four times fewer than Bitcoin's). For mining, Zcash uses the Equihash hashing algorithm. Zcash is a heavily-funded corporate entity which has introduced a "founders' reward" where 10% of all mined coins is being distributed to the stakeholders in the Zcash Company.
Useful links
| Cryptocoin | Zcash (ZEC) |
|---|---|
| Home Page | https://z.cash/ |
| User Forums | https://forum.z.cash/ |
| Documentation | https://z.cash/support/ |
| Source Code | https://github.com/zcash/zcash |
| Wallet Download | https://z.cash/download.html |
| Blockchain Explorer | https://explorer.zcha.in/ |
| Coin Exchanges | https://bitfinex.com • https://bittrex.com • https://bter.com • https://cryptopia.co.nz/ • https://hitbtc.com/ • https://kraken.com/ • https://poloniex.com • https://shapeshift.io • https://yobit.net |
| Related Websites | https://zcashcommunity.com • https://zcashblog.wordpress.com/ • https://coinGecko.com • https://en.wikipedia.org/wiki/Zcash |
Feedback
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As always, your cryptomarket survey expert,
Den Ivanov aka @SXIII from Random City
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