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Zcash

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PERFORMANCE MATRIX	VALUE	MONITORED AT
Uptime Percentage	100	July 20, 2023 8:36 PM
Node Count	5,226	July 20, 2023 8:36 PM
Reddit Total Members Online	73	July 20, 2023 8:36 PM
Reddit Total Members	22,800	July 20, 2023 8:36 PM
Telegram Err	0	July 20, 2023 8:36 PM
Telegram Ppm	0	July 20, 2023 8:36 PM
Telegram Views Per Post	0	July 20, 2023 8:36 PM
Telegram Total Subscribers Online	176	July 20, 2023 8:36 PM
Telegram Total Subscribers	2,291	July 20, 2023 8:36 PM

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Overview

Zcash is a digital currency developed to make payments faster and more confidential at a low cost. It is built on the original Bitcoin code base. Zcash is usable for buying goods and services and can even be exchanged with other kinds of money, including US dollars, Euros and other fiat currency.

About Zcash

Zcash is a digital currency built to enable stringent privacy around transactional information. People can use Zcash to transact efficiently and securely without paying high fees. There are two types of Zcash addresses: private (z-addresses) and transparent (t-addresses). Transparent t-addresses begin with a "t," while private z-addresses begin with a "z;" there are four transaction types between these two types of addresses as listed below:

Z-to-Z transaction - Private transaction information

It is visible on the public blockchain, indicating that the transaction has occurred and the fees paid. However, the addresses, transaction amount, and memo fields are not visible to the public as they are encrypted.

Z-to-T transaction - Deshielding of transitional information

In this type of transaction, the owner of a Z address may choose to disclose the transaction details with trusted third parties through the use of view keys and payment disclosure.

T-to-Z transaction - Shielding of transitional information

Shielded Zcash transactions keep transactions private while allowing people to selectively share their address and transaction information for auditing or regulatory compliance.

T-to-T transaction -Public transaction information

It functions similarly to a Bitcoin transaction in that the sender, receiver, and transaction value are all publicly visible.

Because the two Zcash addresses are interoperable, funds can be transferred between z-addresses and t-addresses.

Key Features

Encrypted Memos

A shielded transaction memo allows the sender to include relevant information that is completely encrypted to the receiver.

Viewing keys

Shielded address owners can reveal transaction details for regulatory compliance or auditing.

Multisignature transactions

Zcash supports transactions requiring multiple signatures.

Transaction expiration

Zcash reduces the impact of a non-mined transaction by default, as a transaction expires and funds become unencumbered if it is not mined within 50 minutes (40 blocks).

Founder

Zcash is the brainchild of Johns Hopkins and other renowned scientists from MIT.

Zcash

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Overview

About Zcash

Key Features

Founder

Zcash

ECOSYSTEM SCORE ECOSYSTEM SCORE The score reflects the overall worthiness of the blockchain's ecosystem, as determined by regular monitoring and collective reviewing of the ecosystem.

ECOSYSTEM SCORE

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PERFORMANCE PERFORMANCE The score depicts the network's performance rating based on metrics like avg TPS, nodes, gas fees, and uptime.

PERFORMANCE

FOUNDATION TOOLS FOUNDATION TOOLS The score represents the development support the protocol offers to developers in terms of tools and resources.

FOUNDATION TOOLS

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