42.89(-1.16%)
ZCash is a privacy driven cryptocurrency that utilizes the Equihash as an algorithm, it is an asymmetric memory-hard PoW algorithm that is rooted on the generalized birthday problem. It depends on the requirements of high RAM to bottleneck the proof’s generation and creating the ASIC development unfeasible. ZCash uses the (zk-SNARKs) zero-knowledge Succinct non-interactive arguments of knowledge to make sure that all the information that is of the sender, receiver and amount is encrypted in the absence possibility of double-spending. The only revealed information with regards to transactions is the time they take place.
https: //explorer.zcha.in/ for the Block explorer data.
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