Our Zcash news today bring you ZEC which is a cryptocurrency that is decentralized and open-source, providing and offering users the selective transparency of their transactions. Developed by a team that specializes in security engineering, this cryptocurrency is unique in many ways.The ZEC news and price updates show that the coin has managed to add up a lot to its value over the years. ZEC can be stored using the official Zcash wallet that comes in the mobile application and desktop forms.
What Is ZEC Cryptocurrency, Zcash News Today & ZEC Price Updates
As a cryptocurrency, Zcash (ZEC) offers improved privacy for its users compared to its competitors. Developed by the scientific Zerocoin protocol which was tweaked to form the Zerocash system, this cryptocurrency was developed into the Zcash cryptocurrency later on.The Zcash news back then showed that the organization developed and improved the protocol and the reference implementation. Founded by Zooko Wilcox-O'Hearn, the company also features Roger Ver as one of the early investors.The Zcash cryptocurrency uses a technology known as zero-knowledge cryptography, allowing Zcash to protect the privacy of the transaction. The Zcash ZEC news often show how the company aims to protect the details about the sender, recipient and the value using shielded transactions.
Zcash (ZEC) Blockchain News, Reddit Zcash Updates & More
Just like with most of the cryptocurrencies out there, the Zcash coin news show that the cryptocurrency has been through a huge amount of volatility since its inception in the market on October 28th, 2016.However, even with that the ZEC news showed a lot of price increases, despite the previous lsump. Zcash has received a confident backing from many investors and is known for its partnership with powerhouses like JPMorgan Inc. According to Grayscale Investments, the value of the ZEC cryptocurrency will touch $60,000 by 2025.