ConsenSys, the developer behind MetaMask, isn’t the only one snooping on our transactions, but they’ve taken the most heat for it.
Zcash (ZEC) is a privacy-focused cryptocurrency that allows anonymous “shielded” transactions using advanced cryptographic technology called zero-knowledge proofs.
Zcash’s roots trace back to 2013 with “Zerocoin,” a proposed privacy extension of the Bitcoin protocol that was rejected by core developers for its novelty, computational cost and impractical implementation.
The researchers and scientists behind the proposal pivoted to creating an entirely new cryptocurrency, “Zerocash” (now simply Zcash), hiring long-standing cryptography advocate and builder Zooko Wilcox as CEO of the Zcash Company. In 2017, the Zcash Foundation, a 501(c)3 nonprofit entity, was launched to further advance Zcash and its principles in the broader community while further decentralizing its development.
In 2019, the Zcash Company rebranded itself as the Electric Coin Company and relinquished control of the Zcash trademark to the Zcash Foundation.
Zcash development is currently focused on improving its core privacy features, creating a more accessible user experience, and building bridges and interoperability with other blockchains such as Ethereum.
Want to keep the government from snooping on your transactional history? Start studying the forensics of crime and privacy on the blockchain.2013
The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins.5912
Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price.5078
Russian independent media Meduza has managed to raise $250,000 in funding in order to continue providing unbiased news on the war in Ukraine.2293
It turns out the pseudonymous John Dobbertin, who was one of the six participants in the Zcash Ceremony, was Edward Snowden all along.13568
Many privacy coin developers are convinced that all the necessary mechanisms to regulate AECs are already in place.11622
Proof-of-work mining escaped severe regulatory pressure, but crypto derivatives and CNY Tether premium show investors‘ lack of excitement.7590
BTC’s technical setup suggests a potential breakout to the upside and charts suggest DOT, SAND, RUNE and ZEC would be the first to benefit from any bullish price action.20980
The price of ZEC surged to $243.84 following Silbert’s announcement but has still fallen more than 20% since reaching a six-month high of more than $300 on Thursday.8941
Bitcoin price is still pinned below $60,000, but the recovery in ETH and altcoins suggests that the current correction could be coming to an end.22553
Fits and starts below crucial resistance at $60,000 continue with Bitcoin’s RSI due to rebound.17025
The massive upside move comes as a part of a rebound that started Nov. 19 after Electric Coin Company discussed the prospects of moving Zcash to proof-of-stake.17441
Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange.22055
One of the most fully decentralized blockchain projects is holding a contest offering zk-SNARKS developers $250,000 in rewards to develop use cases.6631