ZHC : Zero Hour Cash ZHC
1. Summary
- Description
-
Zcash is a decentralized, open-source peer-to-peer digital currency designed to provide enhanced privacy and security. It utilizes the zk-SNARK protocol, a form of zero-knowledge proof that enables transactions to be verified without revealing sensitive information. Zcash has a hard-coded limit of 21 million coins and is mined through a proof-of-wo...
Zcash is a decentralized, open-source peer-to-peer digital currency designed to provide enhanced privacy and security. It utilizes the zk-SNARK protocol, a form of zero-knowledge proof that enables transactions to be verified without revealing sensitive information. Zcash has a hard-coded limit of 21 million coins and is mined through a proof-of-work algorithm, similar to Bitcoin.
History
Zcash was forked from Bitcoin in October 2016 by Zooko Wilcox. The development of Zcash began in 2013 and was completed by the Electric Coin Company. The initial demand for Zcash was high, and it was traded at an early peak of $5,000 per coin. Zcash has undergone several upgrades, including the Sapling upgrade, which improved efficiency and enabled new core protocol features.
Key Features
- Private Transactions: Zcash allows for both transparent and shielded transactions. Shielded transactions use zk-SNARKs to hide sender and receiver addresses as well as the transaction amount.
- Optional Privacy: Users can choose to opt into private transactions.
- Decentralized Governance: Zcash has an open and decentralized governance structure, with proposals and decisions made through community input and voting.
Network and Mining
- Decentralized Network: Zcash is a decentralized network maintained by a community of miners and developers.
- Mining and Coin Distribution: Zcash is mined through a proof-of-work algorithm, with 80% of the mining rewards going to miners and 20% allocated to development funds.
- Blockchain: The Zcash blockchain uses Equihash, a proof-of-work algorithm.
Additional Information
- Forks and Variants: Zcash has spawned several forks, including ZClassic and ZenCash.
- Industry Support: Zcash is supported by major digital wallets and exchanges and is listed on various exchanges.
| Price | |
| 52W High price | $0.000190319400 |
| 52W High date | 14th Apr 2024 (6 months ago) |
| All Time High (ATH) Date | 23rd Apr 2024 (6 months ago) |
| ATH Price | $0.000200220000 |
| % From ATH | -44.97% |
| All Time Low (ATL) Date | 25th Jun 2024 (4 months ago) |
| ATL Price | $0.000079810000 |
| % From ATL | 38.05% |
| Supply & Trading Volume | |
| Total Supply | 300.00M |
| Max Supply | 10.00B |
ZHC
How does ZHC : Zero Hour Cash's (ZHC) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
18.9%
ZHC
23.8%
Similar Market Cap
60 Day Return
-8.1%
ZHC
-
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 4,435 |
| Twitter followers |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://zh.cash/ |
|---|---|
| Explorer | https://zeroscan.io/ |
Has ZHC : Zero Hour Cash been audited for security?
No security audits found for this project.
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