Zcash
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Zcash celebrated eight years since its launch
On October 28, 2024, the privacy-focused cryptocurrency Zcash ($ZEC
) community celebrated eight 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 over $1.8 million at the exchange rate at the time.
Today, the asset is trading at $37.3, having gained 34% over the past year, according to CoinGecko. Zcash ranks 140th in the capitalization ranking with $563.7 million.
In 2020, Zcash creator and ex-CEO of the Electric Coin Company (ECC) behind its development, Zuko Wilcox, told ForkLog that the project has made great strides during its existence.
Among the achievements, he highlighted the identification and elimination of a critical vulnerability in 2018, as well as the development of the community.
Now users are actively speculating on the topic of protecting the Zcash network from the attack of quantum computers.
Wilcox told about the improved security system of the blockchain back in September, but it was paid attention to only this month. According to the developer, quantum computers will not be able to decrypt a transaction without knowing the user's address.
In 2021, ECC unveiled a roadmap for Zcash through 2025. The team called the plan “aggressive but achievable.” It included three key products: transition to the Proof-of-Stake consensus algorithm, interoperability, and an official ECC wallet.
In 2022, former NSA and US CIA employee Edward Snowden revealed his involvement in the launch of #Zcash .
Recall, in December 2023, Wilcox stepped down as CEO of ECC. His place was taken by the company's senior vice president of development Josh Suihart.
#TetherAEDLaunch
) community celebrated eight 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 over $1.8 million at the exchange rate at the time.
Today, the asset is trading at $37.3, having gained 34% over the past year, according to CoinGecko. Zcash ranks 140th in the capitalization ranking with $563.7 million.
In 2020, Zcash creator and ex-CEO of the Electric Coin Company (ECC) behind its development, Zuko Wilcox, told ForkLog that the project has made great strides during its existence.
Among the achievements, he highlighted the identification and elimination of a critical vulnerability in 2018, as well as the development of the community.
Now users are actively speculating on the topic of protecting the Zcash network from the attack of quantum computers.
Wilcox told about the improved security system of the blockchain back in September, but it was paid attention to only this month. According to the developer, quantum computers will not be able to decrypt a transaction without knowing the user's address.
In 2021, ECC unveiled a roadmap for Zcash through 2025. The team called the plan “aggressive but achievable.” It included three key products: transition to the Proof-of-Stake consensus algorithm, interoperability, and an official ECC wallet.
In 2022, former NSA and US CIA employee Edward Snowden revealed his involvement in the launch of #Zcash .
Recall, in December 2023, Wilcox stepped down as CEO of ECC. His place was taken by the company's senior vice president of development Josh Suihart.
#TetherAEDLaunch
Zcash (ZEC): The Privacy Coin Poised for a Comeback
Why Zcash Could Be the Next Crypto Gem
In the ever-evolving landscape of cryptocurrencies, there are hidden gems waiting to be discovered. One such gem is Zcash (ZEC), a privacy-focused cryptocurrency that offers users the ability to conduct anonymous transactions. With its strong fundamentals and a dedicated community, Zcash is poised for a resurgence as the crypto market heats up.
What Makes Zcash So Special?
Zcash stands out for several reasons:
Privacy-Focused: Zcash allows users to conduct private transactions, protecting their financial privacy.
Strong Security: Built on the robust foundations of the Zerocoin protocol, Zcash offers a high level of security.
Experienced Team: The Zcash team is composed of experienced cryptographers and developers.
Why Now is the Time to Invest in Zcash
As the crypto market matures, there is increasing demand for privacy-focused solutions. Zcash is well-positioned to capitalize on this trend. The upcoming bull run could propel Zcash to new heights, making it an attractive investment opportunity.
Don't Miss Out on This Opportunity
If you're seeking a cryptocurrency with the potential for explosive growth, Zcash is worth considering. Its unique features, strong fundamentals, and the impending bull run make it a compelling investment.
So, what are you waiting for? Invest in Zcash today and secure your financial privacy.
#Zcash #ZEC/USDT #ZECUSDT #zecash #TrendingTopic $ZEC @EliteDailySignals
Follow us for quality crypto insight and Trending assets.
Why Zcash Could Be the Next Crypto Gem
In the ever-evolving landscape of cryptocurrencies, there are hidden gems waiting to be discovered. One such gem is Zcash (ZEC), a privacy-focused cryptocurrency that offers users the ability to conduct anonymous transactions. With its strong fundamentals and a dedicated community, Zcash is poised for a resurgence as the crypto market heats up.
What Makes Zcash So Special?
Zcash stands out for several reasons:
Privacy-Focused: Zcash allows users to conduct private transactions, protecting their financial privacy.
Strong Security: Built on the robust foundations of the Zerocoin protocol, Zcash offers a high level of security.
Experienced Team: The Zcash team is composed of experienced cryptographers and developers.
Why Now is the Time to Invest in Zcash
As the crypto market matures, there is increasing demand for privacy-focused solutions. Zcash is well-positioned to capitalize on this trend. The upcoming bull run could propel Zcash to new heights, making it an attractive investment opportunity.
Don't Miss Out on This Opportunity
If you're seeking a cryptocurrency with the potential for explosive growth, Zcash is worth considering. Its unique features, strong fundamentals, and the impending bull run make it a compelling investment.
So, what are you waiting for? Invest in Zcash today and secure your financial privacy.
#Zcash #ZEC/USDT #ZECUSDT #zecash #TrendingTopic $ZEC @EliteDailySignals
Follow us for quality crypto insight and Trending assets.
MARKET UPDATE: ZEC/USDT Drops 7.12%
ZEC (Zcash), a privacy-focused cryptocurrency, has declined 7.12% in the last 24 hours to $33.42. The 24-hour trading volume reached 67,460.47 ZEC and 2.32M USDT. Technical indicators show a bearish trend, with MA(7) at $33.39, MA(25) at $33.52, and MA(99) at $34.52. Despite the short-term correction, ZEC's long-term potential remains promising. Monitor the price movement and market sentiment, considering the ongoing developments in the privacy-focused crypto space.
#ZEC #USDT #Zcash #PrivacyFocus
$ZEC
ZEC (Zcash), a privacy-focused cryptocurrency, has declined 7.12% in the last 24 hours to $33.42. The 24-hour trading volume reached 67,460.47 ZEC and 2.32M USDT. Technical indicators show a bearish trend, with MA(7) at $33.39, MA(25) at $33.52, and MA(99) at $34.52. Despite the short-term correction, ZEC's long-term potential remains promising. Monitor the price movement and market sentiment, considering the ongoing developments in the privacy-focused crypto space.
#ZEC #USDT #Zcash #PrivacyFocus
$ZEC
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."
#Zcash $ZEC
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."
#Zcash $ZEC
Would you believe #Zcash will hit $800 of it's Past ATH?
Bullish Engulfing in HTF but $ZEC is a privacy coin and the current market scenario is very negative for Privacy coins.
You can enter between $20-$24 with Strong SL $19.
Major Resistance: $32/$130
Note: Currently #SEC is against Privacy Coins & #ZEC is a Privacy coin so investment in Securities coins is high risky.
NFA#DYOR #Write2Earn
Bullish Engulfing in HTF but $ZEC is a privacy coin and the current market scenario is very negative for Privacy coins.
You can enter between $20-$24 with Strong SL $19.
Major Resistance: $32/$130
Note: Currently #SEC is against Privacy Coins & #ZEC is a Privacy coin so investment in Securities coins is high risky.
NFA#DYOR #Write2Earn
$ZEC - Diving deep(er)?
Based on the indicators, ZEC looks mega bullish. As a result, the token's daily chart shows a bearish EMA crossover.
Usually, this indicates further downward momentum.
All moving averages are bearish, and the ADX indicates a strong trend.
Although we have some first oversold momentum indicators, this signal looks quite reliable.
Historical success rates are promising: In 84% of historical EMA crossover for ZEC the price declined by more than 10% in the following 30 days.
#Zcash #TradeSignal
Based on the indicators, ZEC looks mega bullish. As a result, the token's daily chart shows a bearish EMA crossover.
Usually, this indicates further downward momentum.
All moving averages are bearish, and the ADX indicates a strong trend.
Although we have some first oversold momentum indicators, this signal looks quite reliable.
Historical success rates are promising: In 84% of historical EMA crossover for ZEC the price declined by more than 10% in the following 30 days.
#Zcash #TradeSignal
⚡ Coin of the day by social activity - Zcash
8 November 2023
Zcash is a privacy-focused, blockchain-based payments network that uses zero-knowledge proofs (ZKPs) to shield transactions.
8 November 2023
Zcash is a privacy-focused, blockchain-based payments network that uses zero-knowledge proofs (ZKPs) to shield transactions.
See original
Zcash Cryptocurrency: Review and Features
Zcash ($ZEC ) is one of the leading private cryptocurrencies with an emphasis on transaction confidentiality:
1. Launched in 2016 by a team of developers led by Zuko Wilcox.
2. Based on the Zero Knowledge Proof (zk-SNARK) protocol.
3. Allows you to hide transaction details: sender, recipient and amount.
4. Has two types of addresses: transparent (t-addr) and protected (z-addr).
5. Uses the Equihash consensus algorithm, which is resistant to ASIC mining.
6. The maximum emission is limited to 21 million ZEC, like Bitcoin.
7. Supported by major exchanges and private coin wallets.
Zcash is considered one of the most secure and anonymous blockchains, providing a high level of privacy for users.
What do you think about this cryptocurrency?
Write in the comments and like, all the best, and see you again!
#Zcash
Zcash ($ZEC ) is one of the leading private cryptocurrencies with an emphasis on transaction confidentiality:
1. Launched in 2016 by a team of developers led by Zuko Wilcox.
2. Based on the Zero Knowledge Proof (zk-SNARK) protocol.
3. Allows you to hide transaction details: sender, recipient and amount.
4. Has two types of addresses: transparent (t-addr) and protected (z-addr).
5. Uses the Equihash consensus algorithm, which is resistant to ASIC mining.
6. The maximum emission is limited to 21 million ZEC, like Bitcoin.
7. Supported by major exchanges and private coin wallets.
Zcash is considered one of the most secure and anonymous blockchains, providing a high level of privacy for users.
What do you think about this cryptocurrency?
Write in the comments and like, all the best, and see you again!
#Zcash
See original
Zcash will launch a mobile wallet in April
Zcash plans to launch a new mobile wallet, Zashi, by the end of April. The wallet, which is developed and maintained by Electric Coin Company (ECC), is currently available for pre-registration on the Play Store for Android users.
Refer to the official ZEC tweet
Zcash is an open-source, decentralized cryptocurrency that provides privacy and selective transaction transparency.
#ZEC #ZECUSDT #Zcash #ZcachInvestor #news
$ZEC
Zcash plans to launch a new mobile wallet, Zashi, by the end of April. The wallet, which is developed and maintained by Electric Coin Company (ECC), is currently available for pre-registration on the Play Store for Android users.
Refer to the official ZEC tweet
Zcash is an open-source, decentralized cryptocurrency that provides privacy and selective transaction transparency.
#ZEC #ZECUSDT #Zcash #ZcachInvestor #news
$ZEC
🚀 Exciting Zcash (ZEC) Update! 🚀
📈 The ZEC price is on a rebound, retracing from the upper trendline and holding gains near the 200-day EMA at $30.92.
💹 Witnessing a rejection from the $35 swing high, ZEC is in a rising channel, signaling a trend reversal from $21 lows.
📊 Technicals suggest bullish momentum, with a potential retest of highs and a sail towards $50. Keep an eye on the immediate support at $27.
🔍 Zcash is a fully anonymous and decentralized crypto using zero-knowledge cryptography for untraceable transactions.
💡 Key Levels:
- Support: $28, $25
- Resistance: $35, $38
📉 Intraday drop of 7.73% with increased trading volume. Analysts maintain a neutral rating, expecting volatility.
📈 On daily charts, ZEC rebounds from the 50-day EMA, facing resistance at the 200-day EMA. RSI shows a volatile outlook, MACD signals bullish crossover.
📊 Weekly charts display a trendline breakout, initiating a rebound within a rising parallel channel. Buyers eye the $35 resistance.
🚨 Disclaimer: Views are for informational purposes only, not financial advice. Crypto and stocks involve risk. Do your research!
#Zcash #ZEC #TechnicalAnalysis #cryptocurrency #finance
📈 The ZEC price is on a rebound, retracing from the upper trendline and holding gains near the 200-day EMA at $30.92.
💹 Witnessing a rejection from the $35 swing high, ZEC is in a rising channel, signaling a trend reversal from $21 lows.
📊 Technicals suggest bullish momentum, with a potential retest of highs and a sail towards $50. Keep an eye on the immediate support at $27.
🔍 Zcash is a fully anonymous and decentralized crypto using zero-knowledge cryptography for untraceable transactions.
💡 Key Levels:
- Support: $28, $25
- Resistance: $35, $38
📉 Intraday drop of 7.73% with increased trading volume. Analysts maintain a neutral rating, expecting volatility.
📈 On daily charts, ZEC rebounds from the 50-day EMA, facing resistance at the 200-day EMA. RSI shows a volatile outlook, MACD signals bullish crossover.
📊 Weekly charts display a trendline breakout, initiating a rebound within a rising parallel channel. Buyers eye the $35 resistance.
🚨 Disclaimer: Views are for informational purposes only, not financial advice. Crypto and stocks involve risk. Do your research!
#Zcash #ZEC #TechnicalAnalysis #cryptocurrency #finance
$ZEC #
Zcash (ZEC) is a cryptocurrency that prioritizes privacy and anonymity for its users. Here are some key details about Zcash:
Privacy Protocol: Zcash uses a privacy protocol called zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge). This protocol allows transactions to be fully encrypted and verified without revealing any information about the sender, receiver, or transaction amount.
Transparent and Shielded Transactions: Zcash offers two types of transactions: transparent and shielded. Transparent transactions operate similarly to Bitcoin, where transaction details are publicly visible on the blockchain. Shielded transactions, on the other hand, utilize zk-SNARKs to keep transaction details confidential.
Total Supply: Like Bitcoin, Zcash has a fixed supply cap. The total supply of Zcash is capped at 21 million coins, similar to Bitcoin's cap.
Genesis Block: Zcash was launched on October 28, 2016. The first block mined on the Zcash blockchain is known as the "Genesis Block."
Mining Algorithm: Zcash initially used the Equihash mining algorithm, which was ASIC-resistant to promote more decentralized mining. However, as of 2020, Zcash has transitioned to the Equihash-based Proof-of-Work (PoW) mining algorithm called Equihash-144_5, which remains ASIC-resistant.
Development Team: Zcash was developed by the Electric Coin Company (ECC), formerly known as the Zerocoin Electric Coin Company. The ECC continues to contribute to the development and maintenance of the Zcash protocol.
Governance and Funding: Zcash has a unique funding mechanism called the "Founder's Reward." This mechanism allocates a portion of the mining rewards to the founders, investors, advisors, and the Electric Coin Company. This was designed to fund ongoing development and support of the project.
Adoption and Use Cases: Zcash is used for various purposes, including private transactions, store of value, and as a medium of exchange. It has gained adoption on cryptocurrency exchanges and is accepted by some merchants and service providers#bitcoinhalving
#Memecoins #Zcash
Zcash (ZEC) is a cryptocurrency that prioritizes privacy and anonymity for its users. Here are some key details about Zcash:
Privacy Protocol: Zcash uses a privacy protocol called zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge). This protocol allows transactions to be fully encrypted and verified without revealing any information about the sender, receiver, or transaction amount.
Transparent and Shielded Transactions: Zcash offers two types of transactions: transparent and shielded. Transparent transactions operate similarly to Bitcoin, where transaction details are publicly visible on the blockchain. Shielded transactions, on the other hand, utilize zk-SNARKs to keep transaction details confidential.
Total Supply: Like Bitcoin, Zcash has a fixed supply cap. The total supply of Zcash is capped at 21 million coins, similar to Bitcoin's cap.
Genesis Block: Zcash was launched on October 28, 2016. The first block mined on the Zcash blockchain is known as the "Genesis Block."
Mining Algorithm: Zcash initially used the Equihash mining algorithm, which was ASIC-resistant to promote more decentralized mining. However, as of 2020, Zcash has transitioned to the Equihash-based Proof-of-Work (PoW) mining algorithm called Equihash-144_5, which remains ASIC-resistant.
Development Team: Zcash was developed by the Electric Coin Company (ECC), formerly known as the Zerocoin Electric Coin Company. The ECC continues to contribute to the development and maintenance of the Zcash protocol.
Governance and Funding: Zcash has a unique funding mechanism called the "Founder's Reward." This mechanism allocates a portion of the mining rewards to the founders, investors, advisors, and the Electric Coin Company. This was designed to fund ongoing development and support of the project.
Adoption and Use Cases: Zcash is used for various purposes, including private transactions, store of value, and as a medium of exchange. It has gained adoption on cryptocurrency exchanges and is accepted by some merchants and service providers#bitcoinhalving
#Memecoins #Zcash
$ZEC after a significant uptrend may still spike up from here to $63.50, as momentum is still strong. However, if it breaks below the current support line, it could drop to $34.10, with a further decline to $23.22 if that range fails to hold.
For now, I remain bullish.
#Zcash #zec #CryptoMarketMoves #MarketDownturn
For now, I remain bullish.
#Zcash #zec #CryptoMarketMoves #MarketDownturn
See original
Zcash will release Zcash app for iOS in March
Zcash announced the release of a version of the application for the iOS operating system in March. According to preliminary data, the Android version will appear approximately 30 days after the release on iOS.
You can find more detailed information in the official ZEC tweet
Zcash is an open-source, decentralized cryptocurrency that provides privacy and selective transaction transparency.
#ZEC #ZECUSDT #Zcash #HotTrends #news
$ZEC
Zcash announced the release of a version of the application for the iOS operating system in March. According to preliminary data, the Android version will appear approximately 30 days after the release on iOS.
You can find more detailed information in the official ZEC tweet
Zcash is an open-source, decentralized cryptocurrency that provides privacy and selective transaction transparency.
#ZEC #ZECUSDT #Zcash #HotTrends #news
$ZEC
The cryptocurrency industry has tremendous potential for evolution,
Increasing Acceptance:
Institutional Adoption: Major financial institutions like JP Morgan and BlackRock are entering the crypto space, indicating growing mainstream acceptance.
Scalability: Scaling solutions like Ethereum 2.0 and Zcash aim to address transaction speed bottlenecks, making cryptocurrencies more viable for everyday use.
From my personal perspective, Zcash has potential similar to Ethereum.
I would recommend suggesting to investors that they consider a long-term investment in Zcash.#Zcash
Increasing Acceptance:
Institutional Adoption: Major financial institutions like JP Morgan and BlackRock are entering the crypto space, indicating growing mainstream acceptance.
Scalability: Scaling solutions like Ethereum 2.0 and Zcash aim to address transaction speed bottlenecks, making cryptocurrencies more viable for everyday use.
From my personal perspective, Zcash has potential similar to Ethereum.
I would recommend suggesting to investors that they consider a long-term investment in Zcash.#Zcash
