What is ZenCash?
The ZenCash cryptocurrency came into being as a fork of Zclassic. As with its precursors, ZenCash puts emphasis on security, safety and anonymity. It implements the zk-SNARKS technology as well as Domain fronting and IPFS. These tech solutions allow ZenCash users to send anonymous transactions and messages thus gaining access to crypto markets hindered by censorship. The network implements the PoW protocol running on two types of nodes dubbed Secure and Standard nodes. The governance on the network will be conducted by at least one mining reward funded DAO. The ZenCash team has a research partnership with IOHK, the company behind Ethereum Classic and Cardano. The partnership’s main goals are solving system scalability and longevity by DAG (directed acyclic graph) and protocol level treasury implementation.
Fundamental Cryptocurrency Data
|Circulating supply||4,498,113 ZEN|
|Total Supply||21,000,000 ZEN|
|Trading volume of all markets for this coin||$595,497|
|ZenCash ZEN Prices||
0.02 XAU (= 0.57) grams GOLD
1.27 XAG (= 36.00) grams SILVER
|Marketcap|| 13,693 BTC|
2,044.33 kg gold
162,329.59 kg silver