ZCash emerged when a group of scientists decided they wanted to create a cryptocurrency similar to Bitcoin but with some additional features. They developed a fork of the Bitcoin blockchain, with enhanced user security and anonymity. The scientists first invented Zerocoin, which became Zerocash not too long after its initial release. Eventually, the cryptocurrency was renamed ZCash.
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ZCash is forked from the original Bitcoin codebase.Eli Ben-Sasson, Alessandro Chiesa, Christina Garman, Matthew Green, Ian Miers, Eran Tromer, and Madars Virza believed there were security flaws in the way transactions were tracked through Bitcoin's blockchain. In their whitepaper outlining their ideas, they called their cryptocurrency Zerocash. The scientists created Zerocoin (Electric Coin Company).The name later changed to Zcash, by the Electric Coin Company. ZCash uses the zk-SNARK security protocol to ensure the parties involved in a transaction are verified without revealing any information to each other or the network.
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Zcash was designed to resemble Bitcoin and has the same maximum supply as Bitcoin. Zcash is expected to be mined until 2032, and like Bitcoin and more recently Polycub, Zcash block rewards are halved over time (4 years) as a deflationary measure.
Token Name - ZCash TOKEN
Token Symbol - $ZEC
Token Decimal - 18
Token Supply - 100.000.000
Network - Smart Chain
Contract Address - 0x72F2A37F1b0a98BA3Dc18d838788D70a8324E022
ZCash was designed to be efficient, safe, and anonymous. The developers behind ZCash also promote complying with regulatory requirements. Additionally, you can choose full transparency when you use ZCash, in which case its transparency is similar to that of Bitcoin when transfers are conducted.
Are you interested in trading that you are searching for ways to increase your holdings in crypto? Could the 0.05% APY that your local bank is offering on your savings account not that exciting? Well, you will find something highly appealing in the product suite of ZCash. As your account in crypto savings, ZCash will allow you to find an incredible variety of options that can help you earn passive income with your holdings in crypto. According to a well-known investor, Warren Buffet, if people don't find a way to earn money as they sleep, they will end up working until they die. A great way to increase your savings while you sleep is ZCash. That is because you know that your funds do all of the work for you. It comes with various options, with each having its assumptions regarding your time horizon, desired returns, and risk profile. Check out what ZCash can offer to anyone:
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