Hello everyone, best wishes to ZCASH, What is ZECASH COIN?
Breakthrough digital solutions related to Cryptocurrency transactions. Use the new ownership feature to make ZeCash Ze the next gen of Coin. New Protocols to Secure Proof of Stake, new Staking concepts, new anonymity features, lightning network processing, and more to read at our WHITEPAPER. For e-commerce, personal payments, online business, retail stores ... ZeCash will speed up transactions for clients and suppliers in a decentralized safe environment.
Reserve your Token now to be part of the Ze revolution with Next Gen ZeCash.
ZCH / ERC20 Compliant Token - COMPLETE DETAILS HERE.
INVEST
Message our ZeCash Token now, you will be entitled to change it to ZeCash Coin once it's released. Tokens will be excluded from highly secure smart contracts. Too see how we push the boundaries with ZeCash, see our Whitepaper.
GET MONEY WITH STAKING
ZeCash will use Proof of Stake protocols to process each transaction. 9. "Lurking" protocol pays every holder of ZeCash by "Minting" all coins stored in "Wallet." The more ZeCash you hold, the more you earn, up to 5% every month.
TRADING
We believe strongly to compete with big coins like Bitcoin / Ethereum / Litecoin or Dash. ZeCash will be listed on various exchanges and Ze core projects are strong, so we expect the same volume and volatility.
Zcash is supported by zero-knowledge constructs called zk-SNARK.
Zcash uses zk-SNARKs to prove that conditions for a valid transaction have been met without revealing any important information about the address or value involved. Transaction shippers construct evidence to show that, with a high probability:
the number of input values to the output value for each transfer is shielded.
the sender proves that they have a personal spending key from the input record, giving them the authority to spend.
The private spending key of the cryptographic input entry is related to the signature across all transactions, such that the transaction can not be modified by a party who does not know this private key.
ZEC - is the currency and possible transfer shown in the image above
To be honest, I have not analyzed in depth the previous Zcash, but now it seems quite interesting from a technological perspective and at the same time quite daunting from the perspective of money laundering. Compared to Bitcoin, you can track the coin route, and after hitting some exchanges - EUREKA, most of the time you know the real person behind some bad things. With ZCash you do not have that ability anymore.
Ethereum
recently Ethereum Metropolis (Byzantium) upgrade adds zk-SNARKs - a cryptographic tool developed by the ZCash team. The builder block of the verification algorithm is added to Ethereum in the form of a compiled smart contract.
Using zk-SNARKS in Ethereum You can apply Token transfers from one address to another without disclosing the number of transactions. Consensys explains how it works here.
In DevCon3 there is presented The Open Vote Network, a system that allows anonymous voting on the Ethereum platform using Zero-Knowledge proofs.
It's too early
This is still early and not many applications on Ethereum are developed but using Zero knowledge proof, but this shows great potential for privacy on Ethereum Blockchain.
Side notes
I had the opportunity to study cryptography for half a year. Although the course was interesting, it was not very satisfactory because I could not find a real-world use case at the time. And just over a year ago, I began to understand the true value of cryptography throughout the CryptoCurrency economy, because everything is purely based on that and mathematics.
This knowledge allows me to understand the true value behind cryptocurrency like Zcash and more. I would strongly encourage you to dig deeper into cryptography and its mechanics, because this knowledge gives you a big advantage no matter your purpose.
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Sales Token ZCH
Roadmap
Team
The channel updates the new information
Website: https://ze.cash/
Facebook: https://www.facebook.com/ZeCash-178476346280771
ANN thread: https://bitcointalk.org/index.php?topic=3229753
Telegram: https://t.me/ZeCash
Author : doy17
Profile : https://bitcointalk.org/index.php?action=profile;u=1701501
Eth : 0xB17500134c9cECBE14353a5ecb2d860fc840DF24
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