Algorithm Equihash
Current Height 3235491
Difficulty
Price $ 238.73
+2.13%
High (24h) $ 243
Low (24h) $ 231
16528340,4471660
78.71%
Circulating Rate
309387689.83805394,3636343340.469369
7.84%
Turnover Rate
3945730960.9470625,-3945730960.9470625 Dominance

ZCash is a privacy driven cryptocurrency. It uses the Equihash as an algorithm, which is an asymmetric memory-hard Proof of Work algorithm based on the generalized birthday problem. It relies on high RAM requirements to bottleneck the generation of proofs and making ASIC development unfeasible. 

ZCash uses  zero-knowledge Succinct Non-interactive Arguments of Knowledge (zk-SNARKs) to ensure that all information (sender, reciever, ammount) is encrypted, without the possibility of double-spending. The only information that is revealed regarding transactions is the time in which they take place.

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