Te order to remain identically interchangeable, units of cryptocurrency vereiste be unlinked from their history so that one unit is spil good spil any other unit. Zcash brings fungibility to cryptocurrency by unlinking shielded coins from their history on the blockchain.
Enabling Fresh Applications
Zcash is pioneering the use of zero-knowledge proofs, applying cutting-edge cryptography to blockchain technology. Zero-knowledge proofs permit fully encrypted transactions to be confirmed spil valid. This fresh property will enable entire fresh classes of blockchain applications to be built.
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Te the pre-digital currency world, both individuals and enterprises could justifiably assume that their financial transactions would be kept confidential. With Zcash, users can love the advantages of using a public blockchain, while still being sure that their private information is protected.
Who is behind Zcash?
The scientists, advisors and engineers of ZECC developed and launched the Zcash protocol, this includes all of the authors of the Zerocash protocol, most of the creators of the Zerocoin protocol, and leading researchers of zk-SNARKs themselves.
- Spil featured te:
Zcash ultimately fulfills an early promise of Bitcoin technology – the capability to transact loosely and privately with anyone ter the world. This protects the right to privacy held by all individuals on Earth, and opens up fresh commercial use cases which were unlikely without truly confidential transactions.
– Erik Voorhees | ShapeShift Founder and CEO
Zcash is an significant project being worked on by a very talented team.
– Nick Szabo
Zcash has garnered a lotsbestemming of attention from all around the world. VCs have invested te Zcash, there’s cutting edge security technology behind it and that’s resulted ter quiebro a loterijlot chatter te the crypto community. Zcash holds an extreme amount of promise.
– Anthony Di Iorio | CEO of Jaxx
Technically, it’s a challenge to have fungibility te a collective blockchain, yet money requires fungibility. It’s arousing to see the Zcash team working toward adding auténtico fungibility to blockchains and with the strength and talent of this team, this is only the peak of the iceberg.
– Dan Morehead | Zcash Investor
Privacy is an essential part of cryptocurrency security, and despite some initial mistaken beliefs to the contrary, Bitcoin alone doesn’t provide that. Zcash is the very first cryptocurrency that provides the level of privacy users deserve and expect.
– Andrew Miller | Zcash Advisor
Zcash is strongest where Bitcoin is weakest, It gives users the effortless capability to maintain their financial privacy. If anything can rival with Bitcoin, it will be on this vuurlijn.