The non-profit Zcash Foundation has announced that it is offering $80,000 worth of new grants to innovators and technologists for the advancement of the privacy-oriented digital currency Zcash.
The foundation said that the grants should be used for software development, science and research, and community outreach.
Zcash is a privacy-focused digital currency protocol that allows its users the option make anonymous transactions through the use of a bleeding-edge cryptography method called zk-SNARKs.
The cryptocurrency was conceived as “Zerocash” in 2014 by researchers at Johns Hopkins University and a group of cryptographers at the Technion – Israel Institute of Technology, Tel Aviv University, and the Massachusetts Institute of Technology (MIT).
The Zcash Foundation was established to supervise the development of the digital currency’s platform, which was officially launched in October 2016.
https://cointelegraph.com/news/zcash-foundation-offers-800000-in-new-grants-to-advance-the-zcash-ecosystem
