Zcash is a cryptocurrency and stands out with its privacy future. ZEC is the symbol for Zcash. Zcash was founded in 2016 in an effort to create a cryptocurrency that allows complete anonymity for users. Zcash was first created as a fork on the Bitcoin blockchain. Zcash uses the zero knowledge proof method to provide privacy. Users can hide all or some information of a transaction. Parties don't have to reveal information to complete a transaction.
With a total market cap of over $207 million, Zcash is the No. 74 cryptocurrency by market size. The currency symbol for Zcash is ZEC and it was launched in October 2016. Zcash uses the Equihash hashing algorithm. There will only ever be 21 million Zcash tokens issued. So far 7.9 million tokens (37.7% of the total supply) have been issued.
The technical price analysis for Zcash below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Zcash.
AYes Zcash is mineable which means that new coins can be created by miners working on the network.
QWhat concensus algorithm does Zcash use?
AZcash uses a proof of work equihash concensus algorithm.
QWhat ecosystem is Zcash part of?
AZcash is part of the Bnb Chain and Binance Chain ecosystems.
QIs it a good time to buy Zcash?
AYou can check the technical indicators for Zcash on the Zcash Price Trend tab. These indicators are based on the analysis of multiple trading signals for Zcash.
QWhere is the best place to buy Zcash?
AYou can find the cheapest exchange on which to buy Zcash on the Zcash Buy tab.
QWhich venture capital firms have invested in Zcash?
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