#zcash The Privacy-Focused Cryptocurrency
$ZEC
is a privacy-first cryptocurrency. Using the Equihash algorithm, an asymmetric memory-hard Proof of Work algorithm based on the birthday paradox, ZCash stands out for its high RAM requirements, making ASIC development unfeasible.
Advanced Privacy Technology
ZCash uses zk-SNARKs (zero-knowledge Succinct non-interactive knowledge arguments) to ensure that all information (sender, recipient, amount) is encrypted, eliminating the possibility of double spending. The only information revealed about transactions is the moment they take place.
ZCash Financial Data
Rank No.: 101
Market Cap: $1.02B
Fully Diluted Market Cap: $1.31B
Market Dominance: 0.0306%
Volume: $114.77M
Volume/Market Capitalization: 11.25%
Circulating Supply: 16,328,268 ZEC
Maximum Supply: 21,000,000 ZEC
Total Supply: 16,328,268 ZEC
Issue Date: 2016-10-27
All-Time High: $5,941.7998046875 (2016-10-29)
All-Time Low: $15.96914388442235 (2024-07-05)
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