Project Information
Zcash (ZEC) is the first blockchain system to use the zero-knowledge proof mechanism, which is based on the Bitcoin 0.11.2 code modification. It can provide complete payment confidentiality and can use the public blockchain to maintain a decentralized network. The total amount of ZEC is 21 million, and its transactions automatically hide the sender, recipient, and amount of all transactions on the blockchain. Only those who have the viewing key can see the content of the transaction. Users have full control and can choose to provide viewing keys to others.
Contract address: 0x1ba42e5193dfa8b03d15dd1b86a3113bbbef8eeb
Official website: https://z.cash/?page=0
X：https://twitter.com/electriccoinco
Total supply: 21 million
Circulation: 16,328,300
Market value: 459 million
Global total market value: $2.02 trillion
Circulation rate: 77.75%
Locking and Allocation
There are still 11 and a half hours to go before the next unlocking. This unlocking accounts for about 0.02% of the supply, and miners are rewarded 0.02%. Currently, 70.39% has been unlocked, and there is 29.61% of the lock-up share left. The distribution of Zcash is very simple, 90% for miners and 10% for founders.
The Zcash team information is very large. There are 21 public team members, 13 of whom are engineers. The project focuses on technological development and is still working on it. As an old target for so many years, the growth space for the coin price is imaginable. After all, after falling from a high level, the price has increased by dozens of times.
The project team can mainly focus on,
Zooko Wilcox, Founder and CEO, Xlink: https://twitter.com/zooko,
Marketing Director: Josh Swihart, follow him on twitter: https://twitter.com/jswihart
Project Development History
2016/1/20 The Zcash project was officially launched.
2016/9/1 The structure and functions of Zcash are basically complete. The Zcash team held an open source mining challenge as the final test before going online.
2016/9/15 Futures codenamed ZECZ16 were launched on Bitmex, with a price of 0.061 bitcoins.
On October 28, 2016, the genesis block of Zcash was born and the Zcash project was officially launched.
2018-03-02 Zcash Overwinter announced
2018-08-16 Zcash 2.0.0 released
October 2018 Zcash plans to launch Sapling upgrade
2019/7/19 According to explorer.zcha data, at 10:34:51 on July 19, 2019, Zcash has successfully forked Ycash at a height of 570000, mined by Poolin, and the current block height is 570036. As of now, the price of Zcash is US$76.92, down 3.17% on the day.
2020-05-08 Electric Coin Co. has released a new version of zcashd 2.1.2-3
2020-05-27 Zcash releases new version 3.0.0, which supports Heartwood activation on the mainnet
2020-07-30 zcash launches version 3.1.0: ① Canopy will be activated on the testnet at a height of 1028500 (around August 5); ② Canopy will be activated on the mainnet at a height of 1046400 (mid-November) #内容挖矿
2020-07-30 ①Zcash development company Electric Coin Company (ECC) officially announced that Zcash has officially released the latest version 3.1.0; ②Zcash Canopy network upgrade will be activated at the test network block height 1028500, and the upgrade time is approximately August 5; ③Canopy will upgrade the main network at block height 1046400, and the upgrade time is approximately mid-November. #热门话题
2020-11-18 ①Zcash development company Electric Coin Company (ECC) officially announced that Zcash will launch the Canopy network upgrade on November 18; ②ZEC reached block height 1046400 and experienced its first halving, with the block reward halved from 6.25 ZEC to 3.125 ZEC; #zec
