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Rank #1798
Ycash Price (YEC)
Ycash (YEC)
$0.098377885788 -2.3%
0.00000506 BTC -4.5%
775 people like this
$0.094499631099
24H Range
$0.118192
Market Cap $1,271,084
24 Hour Trading Vol $586.52
Circulating Supply 12,927,750
Total Supply 21,000,000
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Ycash Price Chart (YEC/USD)

Last updated 10:50AM UTC. Currency in USD.

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1h
24h
7d
14d
30d
1y
-0.2%
-2.3%
-8.4%
9.3%
29.7%
-75.1%

Convert YEC to USD

YEC
USD
USD

1 YEC = $0.098377885788

YEC Price Statistics

Ycash Price Today
Ycash Price $0.098322161588
24h Low / 24h High $0.094499631099 / $0.118192
7d Low / 7d High $0.054575750067 / $0.136895
Trading Volume $586.19
Market Cap Rank #1798
Market Cap $1,271,084
Market Cap Dominance 0%
Volume / Market Cap 0.0005
All-Time High $6.10 -98.4%
Jul 22, 2019 (about 3 years)
All-Time Low $0.000000324490 30305044.2%
Apr 13, 2022 (6 months)

YEC Price Today

Ycash price today is $0.098377885788 with a 24-hour trading volume of $586.52. YEC price is down -2.3% in the last 24 hours. It has a circulating supply of 13 Million YEC coins and a total supply of 21 Million. If you are looking to buy or sell Ycash, SouthXchange is currently the most active exchange.

What was the highest price for Ycash?

Ycash hit an all time high of $6.10 on Jul 22, 2019 (about 3 years).

What was the lowest price for Ycash?

Ycash had an all time low of $0.000000324490 on Apr 13, 2022 (6 months).

What was the 24 hour trading volume of Ycash?

The 24 hour trading volume of Ycash is $586.52.

Where can Ycash be traded?

You can trade Ycash on SouthXchange, SafeTrade, and Hotbit. Popular trading pairs for Ycash in the market includes YEC/USD, YEC/CAD, YEC/AUD, YEC/GBP, YEC/INR, and YEC/PHP.

Ycash is a digital currency, like Bitcoin or Zcash.

In fact, the software for Ycash is based on the software for Zcash, which in turn is based the software for Bitcoin.

Like Bitcoin and Zcash, the total supply of Ycash is forever capped a 21 million coins. So, unlike government-issued paper cash, you never have to worry about inflation devaluing your Ycash.

Ycash also shares something else in common with Zcash: shared blockchain history. The first 570,000 blocks of the Ycash blockchain are the same as the first 570,000 blocks of the Zcash blockchain. That means that everyone in control of Zcash private keys as of block height 570,000 (around July 18, 2019) will be able to use those private keys to access the same amount of Ycash. So, those that currently have a vested interest in the future of Zcash (by holding Zcash) automatically have a vested interest in the future of Ycash.

Bitcoin is truly revolutionary, but it suffers from several problems, including the following two key problems:

The Privacy Problem. Bitcoin lacks privacy. The whole world can see all of your transactions.

The Distribution Problem. The ongoing initial distribution of bitcoin (via "mining") is dominated by manufacturers of specialized computer hardware and their business partners.

Zcash improved upon Bitcoin by implementing a revolutionary solution to The Privacy Problem. But The Distribution Problem remains.

By building upon the Zcash codebase, Ycash leverages Zcash's solution to The Privacy Problem. And by aggressively pursuing mining on commodity hardware by all available means, including periodic changes to Ycash's mining algorithm, Ycash aims to address The Distribution Problem.

We believe that addressing The Distribution Problem is necessary for a digital currency to achieve widespread, grassroots adoption. As one engineer working on Ycash put it, if the mining process is largely controlled by specialized hardware created by a far-off foreign manufacturer, the coin seems "distant". Mining is an important way for users to participate in a digital currency's community, and mining on commodity hardware opens up the mining process up to a much larger group of users.

Another key component of Ycash's approach to addressing The Distribution Problem is upholding a promise that originated from Zcash: that 90% of the coins would be distributed via the mining process. The structure of the Ycash Development Fund upholds that promise: With 5% of the coins starting at block height 570,000 going to the Ycash Development Fund (managed by the nonprofit Ycash Foundation), 90% of the total 21 million Ycash coins will be allocated via the free market mining process.

But there are several other coins that also build upon the Zcash codebase and are also trying to address The Distribution Problem; what makes Ycash different?

The answer goes back to Ycash's shared blockchain history with Zcash. Ycash is the only coin that is also a chain fork of Zcash. So, not only does Ycash build upon the codebase of Zcash like many other coins, it also uniquely builds upon Zcash's blockchain too. Therefore, the Zcash community, including the world-class engineers and cryptographers at the Electric Coin Company, have a vested interest in Ycash's success (to the extent that those individuals hold Zcash at the time of the Zcash/Ycash split).

Ycash is standing on the shoulders of two giants: Bitcoin and Zcash. We will aggressively compete with both (and all other digital currencies) for user and merchant adoption.

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