Zcash is the first permissionless, open cryptocurrency capable of fully protecting the privacy of transactions using zero-knowledge cryptography. Like Bitcoin, Zcash is a decentralized and open-source cryptocurrency that provides excellent privacy protections. Each transaction is shielded to hide the sender, recipient, and value on the blockchain. One way to think of Zcash is if Bitcoin is the http for money, Zcash is https—with an added layer of security. Zcash creates fungible cryptocurrency by unlinking coins from their blockchain history. A zero-knowledge pioneer, Zcash is able to apply cutting-edge cryptography to blockchain technology. Zero-knowledge proofs allow fully encrypted transactions to be validated.
Source: livebitcoinnews - 3 days ago
Z-cash is working to ensure the public can garner access to anonymous cryptocurrency. Protecting Yourself in a Digital Age We have entered an age where everyone is afraid. The online and digital payments world presents several daily threats, including malware, cyberattacks and hackings. People are concerned about both their finances and their identities, and fearfully...The post Z-Cash and Bolt Join Hands for Stronger Privacy appeared first on Live Bitcoin News.
Source: cryptobriefing - 3 days ago
Bitcoin’s Lightning Network may be a remarkable feat of technology, but it lacks one major aspect: privacy. Now a new project has received funding to create a high speed, scalable payments system, with privacy protections through Zcash’s anonymizing technology. The new tech will be developed by BOLT Labs, which today announced the closing of a […]The post Lightning Network For Zcash? BOLT Labs To Create Private Scaling Solution appeared first on Crypto Briefing.
Source: ethereumworldnews - 4 days ago
Ripple’s Xpring and the creators of ZCash have been connected to a joint investment into a cryptocurrency startup looking to take privacy tokens mainstream. Bolt is a private, off-chain cryptocurrency being designed on top of...The post Ripple’s Xpring, ZCash Invest in New Crypto Privacy Startup appeared first on Ethereum World News.
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