The Exciting Story of Zcash (ZEC)
Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using Zero-Knowledge proofs, or zk-SNARK. These constructions figure the material to defend a fortify journal of balances without disclosing the parties or amounts committed. Instead of publically demonstrating spend-authority and dealing values, the dealings metadata is encrypted and zk-SNARKs are utilized to try that nobody is dissimulation or concealment.
On July 28, the EXMO cryptocurrency exchange platform integrated Zcash (ZEC) cryptocurrency into their platform. The Company stated that ZEC has gained users’ attention and trust because of the high degree of anonymity of transactions in the system and the simplicity of its mining. EXMO initially launched trades in four currency pairs at a time: ZEC/BTC, ZEC/USD,ZEC/EUR, ZEC/RUB.
Currently trading at a $403 million market valuation Zcash has an available supply of 21 million coins just like Bitcoin. On April 4th 2017, Zcash entered the top 10 cryptocurrencies by market cap. Currently Zcash is at number 19 of cryptocurrencies by market cap.
Source:-http://oracletimes.com/2017/08/15/the-exciting-story-of-zcash-zec/
I actually bought some Zcash tonight :P Put a LOOOOOT of money into it too hehe...
By the end of this year,it might get really high
BY the end of TODAY! :P Already went up since last night when I bought- up about $6 USD or so. So x2000=?? :P
Great post going to do more DD
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by iamhaque from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
This post has received a 1.04 % upvote from @drotto thanks to: @banjo.