Category: Zcash

The Latest Zcash Software Release Supports the Network’s ‘Largest Upgrade in History’

The Latest Zcash Software Release Supports the Network’s ‘Largest Upgrade in History’

According to the Electric Coin Company, the team behind the cryptocurrency network Zcash, the protocol is soon to implement the largest upgrade in history. The Zcash development team has released the 5.0.0 codebase which supports the NU5 upgrade that will occur on or around May 31, at block height 1,687,104. Electric Coin Company and Zcash […]

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These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022

These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022

A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive coins have shifted. The […]

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Electric Coin Company Reveals Zcash Network to Transition to Proof-of-Stake in 3 Years

Electric Coin Company Reveals Zcash Network to Transition to Proof-of-Stake in 3 Years

On Friday, Electric Coin Company (ECC), the developers behind the privacy-centric crypto-asset zcash, revealed the network plans to transition to proof-of-stake (PoS) consensus. ECC also revealed the team plans to launch an official ECC wallet, as well as bolster the network’s cross-chain interoperability. Zcash to Change From PoW to PoS The Zcash network currently leverages […]

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Here’s Why Zcash (ZEC) Has Surged Over 30% in the Past 24 hours

Zcash (ZEC), a privacy-centered altcoin has surged over 30% in the past 24-hours, rising from a daily low of $154 to $188. The sudden spike in price in the altcoin at a time when the majority of the market is still recovering from last week’s correction is being attributed to the major mining consensus upgrade […]

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Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset

Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset

After touching a high of $52,956 on Monday evening, the very next day the price of bitcoin slid to a low of $42,900 at around 11 a.m. (EST). Bitcoin is currently trading for prices between $46K-$47K per unit and down 8% during the last 24 hours. Bitcoin Price Slides Significantly After Nearing $53K Crypto advocates […]

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Former Zcash Developer to Lead Twitter’s Decentralized Social Media Project Bluesky

Former Zcash Developer to Lead Twitter’s Decentralized Social Media Project Bluesky

On December 11, 2019, the CEO of Twitter announced the company was funding a project aimed at creating a decentralized social media standard. Jack Dorsey said that the ultimate goal of the project dubbed “Bluesky” is for Twitter to be a client of the standard. A year and eight months later, Bluesky announced that a […]

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Zcash founder Zooko Wilcox advocates for a shift to proof-of-stake consensus mechanism

According to Zooko Wilcox, it is necessary for Zcash to go from a proof-of-work consensus mechanism to a proof-of-stake.  Wilcox said proof-of-work has many flaws, adding that proof-of-stake is more secured.  Zcash founder and Satoshi Nakamoto collaborator Zooko Wilcox desires to use the privacy-focused digital currency to move crypto forward by recommending that it transits […]

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After Ethereum (ETH), This Cryptocurrency Could Switch to Proof-of-Stake

Ethereum (ETH), the world’s second-largest cryptocurrency by market cap is moving from a Proof-of-Work (PoW) mining consensus to Proof-Of-Stake (PoS) with ETH 2.0. The decision for the major upgrade was taken in light of growing scalability issues on the blockchain. Now another PoW cryptocurrency is considering switching to PoS. ZCash (ZEC), the privacy-focused cryptocurrency may […]

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Zooko Wilcox advocates that Zcash should move to proof of stake

Zooko Wilcox advocates that Zcash should move to proof of stake

Electric Coin Company CEO and Zcash founder Zooko Wilcox proposed in a blog post today that the privacy coin Zcash should ditch its proof-of-work (PoW) blockchain and move to proof of stake (PoS). “While there are many who prefer PoW, I believe that PoS would make ZEC more valuable to more people! The benefits are […]

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UK Judge Rejects US Extradition Requests for Julian Assange, Wikileaks Holds $800K in Crypto

UK Judge Rejects US Extradition Requests for Julian Assange, Wikileaks Holds $800K in Crypto

On Monday, a British judge rejected the U.S. request to extradite the Australian editor, publisher, and activist Julian Assange. Following the U.K. judge’s decision, the current president of Mexico, Andres Manuel Lopez Obrador, has offered Assange political asylum in the country. Meanwhile, Wikileaks has gathered hundreds of thousands of dollars in crypto-asset donations since the […]

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