Zcash
| Denominations | |
|---|---|
| Code | ZEC |
| Development | |
| White paper | Zcash Protocol Specification |
| Initial release | 28 October 2016 |
| Latest release | 5.7.0 / 13 March 2023 |
| Code repository | github |
| Development status | Active |
| Project fork of | Bitcoin Core |
| Written in | C++ and Rust (zcashd), Python (zcashd test suite), Rust (zebra), Kotlin (Android SDK), Swift (iOS SDK), Go (lightwalletd) |
| Operating system | Linux, Windows, macOS |
| Developer(s) | Electric Coin Company (zcashd), Zcash Foundation (zebra) |
| Source model | Open source |
| License | MIT (main zcashd code); MIT/Apache (zebra and some support libraries); BOSL (orchard) |
| Ledger | |
| Hash function | Equihash |
| Issuance schedule | Similar to Bitcoin, with "slow start" and different block interval |
| Block reward | 3.125 ZEC (80% to miners; 20% is portioned out to a Major Grants Fund (8%), Electric Coin Co (7%), and the Zcash Foundation (5%)), from Canopy upgrade until first halving |
| Block time | 75 seconds (post-Blossom upgrade) |
| Block explorer | zcashblockexplorer |
| Supply limit | 21,000,000 |
| Website | |
| Website | z |
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Zcash is a privacy-focused cryptocurrency based on Bitcoin's codebase. It shares many similarities, such as a fixed total supply of 21 million units.
Transactions can be transparent, similar to bitcoin transactions, or they can be shielded transactions which use a type of zero-knowledge proof to provide anonymity in transactions. Zcash coins are either in a transparent pool or a shielded pool.
Zcash offers private transactors the option of "selective disclosure," allowing users to prove payment for auditing purposes. One such reason is to make it easier for private transactors to comply with anti-money laundering laws and tax regulations.