Zcash virtual currency
Publish: 2021-04-14 22:10:04
1. Zcash is a typical representative of anonymous currency assets, and it is also the highest anonymous digital asset at present. How can it achieve anonymity
zcash, full name zero cash, short for Zec, Chinese name big zero coin, developed by zooko Wilcox, was born on November 9, 2011
using zero knowledge proof mechanism to provide complete payment confidentiality is the most anonymous digital asset at present. At present, the time cycle of zcash anonymous transfer is relatively long, which takes about 20 minutes. The network can choose ordinary transfer or anonymous transfer, which has an impact on the level of privacy protection
most of the codes of zcash are very similar to bitcoin. For example, it is halved every four years, with a total of 21 million. Zcash has further improved the anonymity function of bitcoin. When it was released, it caused a sensation in the field of cryptography and blockchain. As a result, its price soared to more than seven times of bitcoin when it was first born. Zcash adopts POW consensus mechanism, block time is 2.5 minutes, block reward is 12.5 zecs, 20% of mining income in the first four years is automatically allocated to zcash team and investors.
zcash, full name zero cash, short for Zec, Chinese name big zero coin, developed by zooko Wilcox, was born on November 9, 2011
using zero knowledge proof mechanism to provide complete payment confidentiality is the most anonymous digital asset at present. At present, the time cycle of zcash anonymous transfer is relatively long, which takes about 20 minutes. The network can choose ordinary transfer or anonymous transfer, which has an impact on the level of privacy protection
most of the codes of zcash are very similar to bitcoin. For example, it is halved every four years, with a total of 21 million. Zcash has further improved the anonymity function of bitcoin. When it was released, it caused a sensation in the field of cryptography and blockchain. As a result, its price soared to more than seven times of bitcoin when it was first born. Zcash adopts POW consensus mechanism, block time is 2.5 minutes, block reward is 12.5 zecs, 20% of mining income in the first four years is automatically allocated to zcash team and investors.
2.
1. The supply model of Zec is very similar to that of bitcoin - it also has a fixed and known distribution model
The miner needed for digging Zec coins is simpler and cheaper 3. Zec started late and has a bright future3. There are many structural similarities with bitcoin design, but zcash uses advanced new encryption technology to provide optional and improved privacy and transparency, and uses its own unique blockchain
however, despite the differences between bitcoin and zcash, they have something in common
zcash's token supply model is very similar to that of bitcoin - it also has a fixed and known distribution model, and its proction will be halved about every four years. Moreover, zcash (Zec), like bitcoin (BTC), has a maximum supply of 21 million
although the state does not advocate the use of it, it does not prohibit it. The so-called law does not prohibit it. If you want to go, you can learn more about it. However, the risks are much greater than those of stocks. It depends on how to grasp the big risks and profits.
however, despite the differences between bitcoin and zcash, they have something in common
zcash's token supply model is very similar to that of bitcoin - it also has a fixed and known distribution model, and its proction will be halved about every four years. Moreover, zcash (Zec), like bitcoin (BTC), has a maximum supply of 21 million
although the state does not advocate the use of it, it does not prohibit it. The so-called law does not prohibit it. If you want to go, you can learn more about it. However, the risks are much greater than those of stocks. It depends on how to grasp the big risks and profits.
4. Well, you can't earn back the cost of mining
other people use specially designed hardware, which is not an assembly machine on the market at all.
other people use specially designed hardware, which is not an assembly machine on the market at all.
5. Mining refers to the use of computer hardware to calculate the location of bitcoin and get bitcoin, this process is called mining.
6. Zcash is the first blockchain system to use zero knowledge proof mechanism. Like bitcoin, the total amount of zcash token (Zec) is 21 million. The difference is that zcash transaction automatically hides the sender, receiver and amount of all transactions on the blockchain
7. Motnghindong is Dong, 3300 Dong is equivalent to 1 yuan
8. The essence of currency is the consensus of different blockchain nodes (all of us) on the value of the same thing. If consensus exists, then value exists. Value exists only among people who have reached a "consensus".
9. Domestic zcash currency trading platforms include lianxing.com, yuanbao.com and yuncoin.com.
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