Zcash (ZEC)
A privacy-focused cryptocurrency designed to provide secure and private transactions.
About Zcash
Zcash (ZEC) was created in 2016 by Zooko Wilcox and the Electric Coin Company. It is a privacy-focused cryptocurrency designed to allow users to make transactions while keeping sensitive transaction details private. Zcash uses zero-knowledge proofs, a cryptographic technique that allows transactions to be verified without revealing certain information about them.
Key Characteristics
- Algorithm: Equihash (200,9)
- Block Time: 75 seconds
- Max Supply: 21 million ZEC
- Block Reward (First Block): 12.5 ZEC
- Block Reward (Current): 1.56 ZEC
- Halving Schedule: Every 1,680,000 blocks
- Difficulty Adjustment: Every 1 blocks
- Preferred Mining Hardware: ASICs
- Preferred Mining Software: Visit Mining Softwares page for details
- Pool Explorer: MiningPoolStats
Useful Links
Important Documents
Quick Facts
Created: 2016
Creator: Zooko Wilcox & Team
Max Supply: 21M
Block Time: 75s