ZCash (ZEC/USD) Price Charts and analysis for Jul 9th 2018, 24h Change -3.07%
The value of ZCash at this moment is $167.93. The market capital is $725,282,805 and the 24h volume is $40,904,000. The circulating supply of this crypto is 4,318,856 ZEC.
24h behavior. High|low $176.95|167.30
1Week behavior!
Monthly behavior
Historical behavior
What is Zcash?
Zcash uses a special proof to secure the network called zk-snark - or proof of construction. This allows the network to maintain secure the ledger of balances without disclosing parties or amounts involved in transactions. This happens through the use of zero knowledge proofs - or basically where the person making the transaction has the ability to spend the ZEC and that the values balance and they haven't been spent before. InBitcoin each full node keeps a balance of what is held by each address in the UXTO or unspent transactions output database - with each transaction being verified to unlock that output.
Definition provided by CryptoCompare
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