Zcash
Zcash ZEC/USD is a privacy-focused cryptocurrency that takes advantage of cryptography to give its users optional anonymity when they conduct any transaction. It does this by using the zk-SNARK zero-knowledge…
On Friday, Electric Coin Company (ECC), the developers behind the privacy-centric crypto-asset zcash, revealed the network plans to transition to proof-of-stake (PoS) consensus. ECC also revealed the team plans to…
The Zcash price surges 29% after the developer team announced a proof of stake shift and they believe that the privacy coin will be a huge part of the next…
TL;DR Breakdown • ZCash traded at $188.80 with an approximate peak of 20 percent.• ZEC will be used by Electric Coin for PoW and PoS testing.
The creators of Zcash believe that privacy coins will be a big part of the next iteration of the internet.
The massive upside move comes as a part of a rebound that started Friday after Electric Coin Company discussed the prospects of moving Zcash to proof-of-stake.
Zcash (ZEC), a privacy-centered altcoin has surged over 30% in the past 24-hours, rising from a daily low of $154 to $188. The sudden spike in price in the altcoin…
The company also announced plans to move Zcash from Proof-of-Work to Proof-of-Stake.
From a technical perspective, the ZEC/USD chart indicates a positive outlook for this coin, as the price has managed to reclaim an important resistance zone at the $180 mark, suggesting…
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