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Author Topic: What is Zcash?  (Read 8185 times)

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What is Zcash?
« on: June 10, 2018, 11:59:58 am »
Zcash is similar to Bitcoin but it has big different in terms of privacy and fungibility.

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What is Zcash?
« on: June 10, 2018, 11:59:58 am »


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Re: What is Zcash?
« Reply #1 on: June 12, 2018, 08:15:43 pm »
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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Re: What is Zcash?
« Reply #1 on: June 12, 2018, 08:15:43 pm »

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Re: What is Zcash?
« Reply #2 on: June 25, 2018, 02:42:18 pm »
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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Re: What is Zcash?
« Reply #3 on: July 18, 2018, 12:14:22 am »
 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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Re: What is Zcash?
« Reply #4 on: July 19, 2018, 08:02:12 am »
Zcash is policy is protected to hide the sender and the recipient of a financial system that employs zero knowledge

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Re: What is Zcash?
« Reply #5 on: August 31, 2018, 05:57:48 pm »
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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Re: What is Zcash?
« Reply #6 on: August 31, 2018, 07:14:35 pm »
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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Re: What is Zcash?
« Reply #7 on: September 20, 2018, 12:09:11 pm »
Before holding any coin, it is important to know what is that coin? Let's see 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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Re: What is Zcash?
« Reply #8 on: September 22, 2018, 08:48:17 am »
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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Re: What is Zcash?
« Reply #9 on: September 24, 2018, 07:11:53 pm »
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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Re: What is Zcash?
« Reply #10 on: September 25, 2018, 06:43:03 am »
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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Re: What is Zcash?
« Reply #11 on: October 03, 2018, 04:14:05 am »
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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Re: What is Zcash?
« Reply #12 on: October 11, 2018, 08:24:09 am »
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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Re: What is Zcash?
« Reply #13 on: October 13, 2018, 04:41:18 pm »
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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Re: What is Zcash?
« Reply #14 on: October 27, 2018, 07:02:25 pm »
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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