Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Privacy Coins Forum => Zcash Forum => Topic started by: Sherry_mae on June 10, 2018, 11:59:58 AM
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Zcash is similar to Bitcoin but it has big different in terms of privacy and fungibility.
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Zcash is a new cryptocurrency that launched on Friday, October 28, 2016. A clone of Bitcoin forked from the Bitcoin codebase 0.11, Zcash is differentiated from Bitcoin and Ethereum by the added functionality of completely private transactions. For that reason, Zcash has been hailed as “untraceable”.
To allow private transactions, Zcash employs a technology from a branch of cryptography and computer science called zero-knowledge proofs.
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Zcash is similar to Bitcoin but it has big different in terms of privacy and fungibility.
I think zcash is a cryptocurrency, uses zero knowledge proofs involving a greater degree of privacy that does even list out the amount and identity of the parties, to the transaction.
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is another Crypto currency like bitcoin but with a few different features. Like Bitcoin it is based on a decentralised blockchain but allows for anonymity behind transaction amounts and parties involved.
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Zcash is policy is protected to hide the sender and the recipient of a financial system that employs zero knowledge
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Zcash (ZEC) is another Crypto currency like bitcoin but with a few different features. Like Bitcoin it is based on a decentralised blockchain but allows for anonymity behind transaction amounts and parties involved. In Bitcoin if you know someone's address you can follow their transactions and you can see which all the addresses and their transaction amounts - so its quite clear how much money is moving around, with ZCash all the information is encrypted.
(cryptocompare.com)
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Zcash is similar to Bitcoin but it has big different in terms of privacy and fungibility.
the fact is that like that, I agree with you because the equation does exist but the quality is superior to bitcoin.
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Before holding any coin, it is important to know what is that coin? Let's see what is zcash (https://seo spaminfo/zcash/what-is-zcash)?
Zcash was developed from the scientific Zerocoin protocol, which was enhanced to form the Zerocash system. This subsequently developed into the Zcash cryptocurrency by the Zerocoin Electric Coin Company, also referred to as the Zcash Company.
The Zcash cryptocurrency uses a technology called zero-knowledge cryptography, which allows Zcash to protect the privacy of the transaction.
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Zcash appeared on October 28, 2016, using crypography called Zero Knowledge of Proof or zk-SNARK which is a complex and very complicated class cryptography to use, even IT and Mathematics experts raise their hands for this one network and maybe This alone is a new breakthrough in the crypto currency.
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Zcash is currently quite warmly discussed in the atmosphere of the cryptocurrency industry which is full of speculation. In short, Zcash is an asset payment value where all sender names, recipient names and the entire transaction value are kept secret from the blockchain automatically. Only someone who has the "key" can only see the contents of the transaction content.
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Yes,Zcash has a similarity in Bitcoin in terms of transaction and functionality.Zcash is differentiated from Bitcoin and Ethereum by the added functionality of complete private transactions.
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In short, Zcash is an asset payment value where all sender names, recipient names and the entire transaction value are kept secret from the blockchain automatically. Only someone who has the "key" can only see the contents of the transaction content.
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Zcash is a decentralized and open source crypto coin. This coin offers a high level of privacy and transaction transparency. As a new altcoin, Zcash is published with public blockchain. But the recipient, the delivery and the number of transactions will remain private.
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Zcash is similar to Bitcoin but it has big different in terms of privacy and fungibility.
Zcash is a cryptocurrency aimed at using cryptography to provide enhanced privacy for its users compared to other cryptocurrencies such as Bitcoin. The Zerocoin protocol was improved and transformed into the Zerocash system, which was then developed into the Zcash cryptocurrency in 2016
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Zcash is a cryptocurrency with a strong emphasis on privacy and identity protection. Zcash maintains the features of a public blockchain while enabling completely anonymous transactions.
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Zcash (ZEC) is another Crypto currency like bitcoin but with several different features. Like Bitcoin is based on decentralized blockchain but allows for the anonymity behind the number of transactions and parties involved. In Bitcoin if you know someone's address, you can follow their transaction and you can see all their addresses and the number of transactions - so it's pretty clear how much money is circulating, with ZCash all encrypted information.
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Zcash is a crypto currency that can be transacted completely anonymously. The sender, recipient and even the number of transfers on the blockchain will not be known. However, this currency unit cannot store historical previous usage. Transaction block verification is carried out without information breakdown, but crypto currency codes remain open.
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Zcash is a crypto currency that can be fully transacted anonymously. Senders, recipients and even the amount of transfers on the blockchain will not be known. However, these currency units cannot save historical previous usage. The transaction block verification is done without decomposition of information, but the crypto currency code remains open.
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is another Crypto currency like bitcoin but with a few different features. Like Bitcoin it is based on a decentralised blockchain but allows for anonymity behind transaction amounts and parties involved.
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Zcash is one of the coins in Crypto that is a Perspective on Privacy and Regulations from Gavigan and Bowe.
This week's Perspective series continues to be discussed about the intersection of privacy and regulation.
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It is certain that Zcash has a function that is different from Bitcoin.
Zcash was created possible for long-term investments and Zcash is also used for guide coins for Zcoin, Zclassic and ANON.
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Zcash. ... Zcash is a cryptocurrency aimed at using cryptography to provide enhanced privacy for its users compared to other cryptocurrencies such as Bitcoin. Like Bitcoin, Zcash has a fixed total supply of 21 million units.
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are zcash and bitcoin same?. bitcoin total supply is 21M. how about zcash?. i dont know about it. i find it on coinmarketcap but i didn't see zcash total supply.
link : https://coinmarketcap.com/currencies/zcash/
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Right i look in coinmarketcap zcash no information about total suplai just only circulating supply. Information total suplay 21 million in other websites.
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ZCash is actually a fork of Bitcoin that occurred in October of 2016. Much like Bitcoin, it is a decentralised peer-to-peer electronic cash. It also a hard limit of 21m coins hard-coded into its protocol. However, this is where the similarities end. ZCash was developed specifically to have anonymous transactions that are private and fungible. It was forked from Bitcoin by Zooko Wilcox who wanted to create a private cryptocurrency. It was originally called ZeroCoin until being renamed.
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Zcash is a cryptocurrency with a strong focus on the privacy of transactions in a blockchain network. The Zcash network was founded back in October 2016 and runs the cryptocurrency ZEC. Since Zcash is a direct fork from Bitcoin, the two networks share a few similarities. Much like Bitcoin, Zcash is a decentralised peer-to-peer cryptocurrency network with a limit of 21 million coins. The token ticker for Zcash is ZEC. Led by privacy specialist and long time cypherpunk Zooko Wilcox, Zcash was launched with the belief that privacy is essential for businesses, protects societies and is critical for core human values such as dignity, ethics, and intimacy.
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Zcash is a publicly encrypted blockchain and scientific breakthrough in cryptography with its use of zero-knowledge cryptography known as zk-SNARKS. This framework allows the user to leverage two addresses: one fully private and one transparent (similar to Bitcoin). The two customizable modes, shielded and transparent, allow your transaction to be completely anonymous or publicly viewable.
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Zcash (ZEC) is another Crypto currency like bitcoin but with a few different features. Like Bitcoin it is based on a decentralised blockchain but allows for anonymity behind transaction amounts and parties involved. In Bitcoin if you know someone's address you can follow their transactions and you can see which all the addresses and their transaction amounts - so its quite clear how much money is moving around, with ZCash all the information is encrypted.
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The Zcash coin is a decentralized and an open source cryptocurrency, which provides and offers users with the selective transparency of their transactions. The peer to peer cryptographic research on which the Zcash technology is based is developed from the battle-tested Bitcoin Core’s codebase. It is developed by a team specializing in security engineering.
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Zcash is a decentralized peer-to-peer cryptocurrency. It was created as a fork of Bitcoin and quite like bitcoin it also has a hard limit of 21 million coins. But that is where the comparison ends. Unlike bitcoin, Zcash offers complete and total privacy for their users through the use of some ingenious cryptography.
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Zcash is a peer to peer (P2P) cryptocurrency like Bitcoin. But unlike Bitcoin, its sole priority is to focus on private, anonymous, and fungible transactions that Bitcoin can’t-do. Zcash was forked out of Bitcoin and launched in October 2016, and it was previously known as Zerocoin. It is based on a special cryptographic protocol that shields a sender’s information, a receiver’s information, and the amount transacted between the two parties. Zcash’s open cryptocurrency project uses a zk-SNARK protocol. This is a new cryptographic zero-knowledge proof protocol that ensures privacy, anonymity, and fungibility of Zcash coins.
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Zcash is a cryptocurrency network that launched in October of 2016. Like other cryptocurrency networks (e.g. Bitcoin or Ethereum), Zcash allows anyone with a computer and an Internet connection to send and receive scarce tokens that can be used like cash on the Internet. The software that powers Zcash is directly derived from Bitcoin’s core software, but it has been modified in order to enhance user privacy. The members of the network who relay, validate, and bundle user transactions into blocks are, like in Bitcoin, commonly called miners. These miners are rewarded for honest participation with transaction fees and newly minted Zcash, and they must solve a difficult math problem (similar but distinct from Bitcoin’s mining algorithm) in order to earn the privilege of participation. As with Bitcoin, anyone can be a miner on the Zcash network, all they need is an Internet connection, a reasonably powerful computer, and the free and open source Zcash software. Zcash is an open blockchain network.
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Zcash is similar to Bitcoin in that transactions are posted on a public blockchain. However, privacy is ensured as personal and transaction data is kept confidential. This is made possible through zero-knowledge proofs. This allows transactions to be verified without any information about the sender, receiver, and the amount transacted. It is possible to disclose some transaction data at the user’s will through Zcash features known as ‘viewing keys’ and ‘payment disclosure.’ This makes transactions on Zcash auditable and regulation-compliant.
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Since the dawn of Bitcoin way back 2008, Zcash is one of the latest player on block of cryptocurrencies. Through the years, many altcoins have came out also from any part of the world and that is from Bitcoin inspiration where Zcash is one of them. A large portion of these renditions have attempted to concoct some upper hands opposite bitcoin, and keeping in mind that few have seen premium, many work with a little market capitalization, volumes and flow.
Enter Zcash, a decentralized and open-source digital currency, which looks encouraging. "In the event that Bitcoin resembles http for cash, Zcash is https," is the manner by which it characterizes itself. Zcash offers protection and specific straightforwardness of exchanges.
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Zcash is a privacy-focused blockchain and cryptocurrency that was developed in response to bitcoin’s flaws. It uses the same algorithm as bitcoin but improves upon it by enabling semi-transparent processing. In simple words, this means that it eschews the radical transparency of bitcoin’s blockchain for a more nuanced implementation. In this implementation, user transaction data is revealed selectively.