Zcash is the next-generation of the Zerocoin protocol, which aimed to create the first truly anonymous cryptocurrency. It uses a recently invented breakthrough technology called Zero-Knowledge Succinct NonInteractive Argument of Knowledge (zk-SNARK), and it’s a novel form of zero-knowledge cryptography.
“Zero-knowledge” proofs allow one party (the prover) to prove to another (the verifier) that a statement is true, without revealing any information beyond the validity of the statement itself.
Although Zcash has the potential to be the most private cryptocurrency around,comments made by the developers, as well as the initial“trusted setup”for the secret key, have given many privacy-focused people pause when deciding whether or not they can trust it.
This is why although it may not be as technically impressive, Monero remains the most privacy-focused cryptocurrency right now, and it has real-world data to prove it.
Max Supply: 21,000,000
Circulating Supply: 5,196,519
Total Supply: 5,388,956
Cryptographic Algorithm: Equihash
Issue Date : 2016-10-28
Source Code: https://github.com/zcash/zcash
Issue Price: –
White Paper: https://resource.bnbstatic.com/books/20180307/1520415792937.pdf
Consensus Protocol: POW
Explorer 1: https://explorer.zcha.in/