Zcash ZEC Coin Price is $24.22 Market Cap $395.48 M

$24.22

6.41% (24H)
Low $23.74
High $24.70
  • Market Cap $395.48 M
  • Volume $30.43 M
  • Available Supply N/A ZEC
  • ATH $5,941.80
  • ATH(% Change) -99.59%
  • ATH Date 2016-10-29

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Date Price Volume MarketCap
# Exchange Pair Price Volume (24h) Updated Trust Score

Zcash ZEC coin price is $24.22 with a market cap of $395.48 M. Zcash Cryptocurrency price is 6.41% up in last 24 hours.

Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions Zcash payments are published on a public blockchain but the sender recipient and amount of a transaction remain private Zcash is based on peer-reviewed cryptographic research and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase Our improvement over Bitcoin is the addition of privacy Zcash uses advanced cryptographic techniques namely zero-knowledge proofs to guarantee the validity of transactions without revealing additional information about them How Zcash worksZcash encrypts the contents of shielded transactions Since the payment information is encrypted the protocol uses a novel cryptographic method to verify their validity Zcash uses a zero-knowledge proof construction called a zk-SNARK developed by our team of experienced cryptographers based on recent breakthroughs in cryptography These constructions allow the network to maintain a secure ledger of balances without disclosing... Read More
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