Rank #72
53,661 people like this
zcash  (ZEC)

Zcash (ZEC)

$180.22 -2.7%
0.00368024 BTC -2.4%
53,661 people like this
24H Range
Market Cap $2,134,826,668
24 Hour Trading Vol $638,503,195
Fully Diluted Valuation $3,777,070,405
Circulating Supply 11,869,347
Total Supply 21,000,000
Max Supply 21,000,000
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Zcash (ZEC) Price Chart

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ZEC Price and Market Stats

ZEC Price $179.86
Market Cap $2,134,826,668
Market Cap Dominance 0.09%
Trading Volume $637,021,551
Volume / Market Cap 0.2984
24h Low / 24h High $171.69 / $187.22
7d Low / 7d High $167.51 / $252.34
Market Cap Rank #72
All-Time High $3,191.93 -94.4%
Oct 29, 2016 (about 5 years)
All-Time Low $19.75 812.0%
Mar 13, 2020 (over 1 year)

Zcash Coin Price & Market Data

Zcash price today is $180.22 with a 24-hour trading volume of $638,503,195. ZEC price is down -2.7% in the last 24 hours. It has a circulating supply of 12 Million ZEC coins and a total supply of 21 Million. If you are looking to buy or sell Zcash, HitBTC is currently the most active exchange.

Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.

Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase. Our improvement over Bitcoin is the addition of privacy. Zcash uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them.

How Zcash works

Zcash encrypts the contents of shielded transactions. Since the payment information is encrypted, the protocol uses a novel cryptographic method to verify their validity.

Zcash uses a zero-knowledge proof construction called a zk-SNARK, developed by our team of experienced cryptographers based on recent breakthroughs in cryptography. These constructions allow the network to maintain a secure ledger of balances without disclosing the parties or amounts involved. Instead of publicly demonstrating spend-authority and transaction values, the transaction metadata is encrypted and zk-SNARKs are used to prove that nobody is cheating or stealing.

Zcash also enables users to send public payments which work similarly to Bitcoin. With the support for both shielded and transparent addresses, users can choose to send Zcash privately or publicly. 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.

Check out CoinBureau for guide on What is ZCash.

Zcash News & Guides

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