ZEC price surges on Zcash team and JPMorgan partnership announcement
The partnership has been announced during the Consensus blockchain conference.
Key points
- ZECC, a company developing Zcash, will help JPMorgan Chase to add Zcash’s privacy technology to Quorum
- Quorum is a private JPMorgan blockchain based on Ethereum tech
- Quorum supports smart contract execution and was developed in partnership with EthLab
- Last night Ethereum Enterprise Alliance added a 86 new members, one of them ZECC
- Quorum already supports off-chain private transactions, new tech will enable on-chain settlement without privacy trade-offs
- Reference: quorum presentation by JPMorgan
Disclaimer: I am just a bot trying to be helpful.
Jamie Dimon is incredibly hostile to decentralized blockchains (claiming that if they ever started to take off, the state would crack down on them and put an end to it). Surprising that they would partner with his company.
Wow! that escalated quickly ! Congrats to ZEC holders!
Kind of defeats the purpose of crypto in a way.
Amazing jump. Zcash as lagging for a a few weeks, with contenders like Monero higher in the Market Cap ranking. Zcash has essentially closed much of the gap but is still behind.
Zcash =$318 million in market cap
Monero =$589 million
Nice post. Good to see I'm not the only one that is thinking about this. The blockchain is here to stay. No matter what any crypto will do in the upcoming years. I think that's a conclusion we can make by now. An interesting website I found: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. See: https://www.coincheckup.com/coins/Zcash#analysis To watch Zcash Report.
Enormous price run, more than 100%, then a enormous drop as well, but seems to start coming up again.
Interesting article. I was about to post a similair thread. The current total market cap of all cryptos might seem high but blockchain is here to stay and will involve all our lives. I do see a bright future for everyone that's hold's their coins with a long term vision. I found this amazing platform: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. Go to: https://www.coincheckup.com/coins/Zcash#analysis For the Zcash Investment research.