Zcash celebrated seven years since its launch

On October 28, 2023, the privacy-focused cryptocurrency Zcash (ZEC) community celebrated seven years since the launch of the core network.

In 2016, it was accompanied by high volatility in the coin - at one point, the price jumped to 2,600 BTC for 1 ZEC, or more than $1.8 million at the exchange rate at the time.

Today, the asset is trading at $27, having added 1.8% over the past 24 hours, according to CoinGecko. In the capitalization ranking, Zcash is in 149th position with $220.3 million.

In 2020, Zcash creator and CEO of the Electric Coin Company (ECC) behind its development Zuko Wilcox said in an interview with ForkLog that the project has made great strides during its existence.

Among the achievements, he highlighted the identification and remediation of a critical vulnerability in 2018, as well as the development of the community.

In 2021, ECC unveiled the Zcash roadmap to 2025. The team called the plan "aggressive but achievable."

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