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Title: The Upcoming Launch of Anonymous Project Zcash Post by: Posternut on October 23, 2016, 12:22:49 PM On October 28 the Zcash (ZEC) project will release its genesis block into the wild. There’s a lot of anticipation for this project, because it will deploy zero-knowledge security. Thanks to this, developers believe Zcash will be a truly anonymous ledger that doesn’t leak or reveal transaction data.
The Zero Knowledge Proof cryptocurrency concept comes from the Johns Hopkins University Department of Computer Science, which inspired the Zcash project. Evolving from this research, CEO Zooko Wilcox announced Zcash on January 20, 2016. Zcash utilizes zk-SNARKs as a method of providing zero knowledge proofs to the independent blockchain. https://news.bitcoin.com/upcoming-anonymous-project-zcash/ |