About Ze.cash
ZeCash is a cryptocurrency based on the PoS algorithm. It was created to simplify e-commerce, make private payments, online businesses, and retail stores. Transactions in the network do not have commissions and are quickly implemented. Since free Zecash mining is impossible, we can confidently talk about strict emissions and high security at the transactions time. The coin can be considered decentralized, unlike other cryptocurrencies, most of the capacities of which are controlled by only a few large pools.
Basic Information
Token Name | ZeCash |
Token Symbol | ZTH |
Social Media | |
Soft cap | 20,000,000 USD |
Hard cap | 35,000,000 USD |
Language | English |
Resection | No restrictions |
Country | United Kingdom |
Whitepaper | Click Here For View Whitepaper |
Website | Click Here For View Website |
Market issues
Heretofore the crypto ecosystem has seen multiple attempts to supplement or rene the technologies through which it exists. Therefore, there are hard-forks and altcoins. To date, there are more than a dozen Bitcoin hard-forks.
Energy Advantages of PoS
Currencies using Proof-of-Stake are on average one thousand times more cost-effective than the Proof-of-Work, which relies on the use of energy. ZeCash team studied the case of a Bitcoin mining farm that consumed a total of 11,388 KWh per Bitcoin in 2014.
Staking Selection
Here the minter is selected using ZeCash Coin age. Coin age can be translated loosely to how long the coins are held, and the coin age is multiplied with the stakes of the coins. To compete, the coin must be more than thirty days old.
Features
Fork Hack Defense
In the event of a fork, the optimal strategy for any miner is to mine on every chain, so that the miner gets their reward no matter which fork wins. Thus, assuming a large number of economically interested miners, an attacker may be able to send a transaction in exchange for some digital goods.
ZeProtocol Solution
Coins which have been held for up to 30 days begin to compete for the next block. Greater probability for signing the next block goes to older and larger sets of coins. Nonetheless, once a coin has been staked and used to sign a block.
ZeCash Anonymity with ZeAnon
Zenon uses several cryptographic tricks is mostly based on the Dife-Hellman key exchange. This will let the users accept the payments on the address that has never been generated or has never been seen before.
Video
Member |
Guy Tran-Hoang CEOOlivier Danvel CHIEF TECHNICAL OFFICERSami Haddad CHIEF OPERATING OFFICERFares A. Akel C BLOCKCHAIN ADVISOR |
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