Privacy-protecting digital currency, built on the original Bitcoin code base
Zcash (ZEC) is the code fork of Bitcoin launched in 2016. It is a decentralized, permissionless cryptocurrency that offers privacy and anonymity. The transaction sent using Zcash network is transparent and shielded. The transparent payment scheme used by Bitcoin is combined with shielded payment scheme by using zero-knowledge succinct non-interactive arguments of knowledge (zk-SNARKs).The network is secured by the Proof-of-Work (PoW) SHA-256 algorithms which is similar to Bitcoin.
Winklevoss Capital, Placeholder, Eden Block, Fred Ehrsam, Ben Davenport, Fenbushi Capital, Pantera Capital, Digital Currency Group.