Bitcoin Forum
June 24, 2024, 03:55:56 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: The Upcoming Launch of Anonymous Project Zcash  (Read 286 times)
Posternut (OP)
Member
**
Offline Offline

Activity: 79
Merit: 10


View Profile
October 23, 2016, 12:22:49 PM
 #1

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/
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!