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. Development of protocol improvements and the reference implementation is led by the Zerocoin Electric Coin Company, colloquially referred to as Zcash Company. Zcash payments are published on a public blockchain, but users are able to use an optional privacy feature to conceal the sender, recipient, and amount being transacted. Like Bitcoin, Zcash has a fixed total supply of 21 million units. In the first four years, 20% of the coins created in that period are allocated to a “founders’ reward” shared between investors, developers, and a non-profit foundation. Zcash affords private transactors the option of “selective disclosure”, allowing a user to prove payment for auditing purposes. One such reason is to allow private transactors the choice to comply with anti-money laundering or tax regulations. “Transactions are auditable but disclosure is under the participant’s control.” Wilcox has hosted virtual meetings with law enforcement agencies around the U.S. to explain these fundamentals and has gone on the record of saying that “they did not develop the currency to facilitate illegal activity”.
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Live Zcash price
Dutchycorp.space – 2800-44000 Zatoshi.
Forumcoin.win – 400 Zatoshi (Popup).
Queenfaucet.website – 2900 Zatoshi (Popup).
Rektcoins.pw – 1800 Zatoshi (Popup).
Procoinadvice.com – 650 Zatoshi.
Starfaucet.net – 1800 Zatoshi.
Coinrotation.com – 4530 Zatoshi (Popup).
Freebitcoin.win – 60-182 Zatoshi + Dice and Slots.