Crypto Cheat Sheets: Zcash (ZEC)

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Overview: Zcash (ZEC) is a highly-encrypted cryptocurrency that is focused on providing a platform for private payment transfers. Being that payment information is encrypted, the blockchain protocol utilizes a proprietary cryptographic mining method to verify validity. The platform is backed by a zero-knowledge proof construction called zk-SNARK. The zk-SNARK helps ensure that no one is cheating and stealing, while protecting identities and information. “Zcash payments sent from a shielded address to a transparent address reveal the received balance, while payments from a transparent address to a shielded address protect the receiving value.”

Circulating Supply: 3.37 Million ZEC

Mineable: Yes

Website(s):

• https://z.cash

Whitepaper:

• http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf

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