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Zooko Wilcox Envisions ‘Ambitious’ Changes for Zcash Cryptocurrency

“We’ve been working on zcash for about five years and I expect it will take five more before it reaches the level of flourishing that has been on our minds all along.” That’s Zooko Wilcox, CEO of Electric Coin Company (ECC) — the firm behind the privacy-focused cryptocurrency zcash. He made the comments about the…

Zcash Exercises Restraint as the Antminer Z11 Release Approaches

Bitmain, the largest manufacturer of mining equipment, recently revealed the Antminer Z11 device for mining Zcash and other cryptocurrencies based on the Equihash algorithm, as reported by Cointelegraph on March 19. The company claims that the new chip is three times more powerful than its predecessor, the Antminer Z9, which was released nine months ago.…

Bitmain Launches New Zcash Miner Touting 3 Times More Hashing Power

Cryptocurrency mining giant Bitmain has launched a new miner for the privacy-oriented cryptocurrency zcash, which it claims, has three times more hashing power than its predecessor. Announcing the news on Tuesday, Bitmain says the new ASIC (application-specific integrated circuit), called the Antminer Z11, is designed to mine cryptocurrencies that are based on the Equihash algorithm, such…

Zcash Discloses Inflation Bug That Could Have Created Infinite Tokens

Privacy-focussed cryptocurrency, Zcash, has disclosed an inflation bug, discovered 11 months ago, which affected its own and several other privacy-coins. Though the Zcash vulnerability has now been remedied, it took 8 months after discovery, and some coins remain exposed. Zero Knowledge Last March, a Zcash engineer noticed a mistake in a cryptography paper describing certain…

eToro Adds ZCash (ZEC) to Growing List of Altcoin Offerings

Social trading and multi-asset brokerage company eToro has added ZCash (ZEC) to its extensive list of cryptocurrency offerings — bringing the total number of said assets up to 14. Zcash is a privacy-focused cryptocurrency project not dissimilar to Bitcoin (BTC). Both projects share a total fixed supply of 21 million coins. Though transactions on the…

Coinbase Slammed For Venezuela ZCash Airdrop Being an ‘Advertising Strategy’

US cryptocurrency exchange Coinbase has received intense criticism for giving Venezuelan families a grand total of $1 per day – in altcoin ZCash, which it added to its books days previously. Scroogebase? In a blog post December 11, executives claimed that the initiative dubbed the “12 Days of Coinbase,” was meant to “empower those who…

US Crypto Exchange Coinbase Adds Support for Zcash on Retail Platform and Mobile Apps

Major American cryptocurrency exchange and wallet provider Coinbase has launched support for Zcash (ZEC) at Coinbase.com and the exchange’s Android and iOS apps, according to a blog post published Dec. 5. Per today’s announcement, Coinbase customers can now purchase, sell, send, receive, and store ZEC. The coin will be available for customers in most jurisdictions,…

Coinbase Adds Zcash to Retail Crypto Trading Service

Less than a week after adding privacy-focused zcash to its professional trading platform, crypto exchange Coinbase is opening trading to its retail customers. The company announced Wednesday that clients using coinbase.com or the Android and iOS apps can buy, sell, send, receive or store zcash, though residents in the United Kingdom and the U.S. state…

Coinbase Adds Privacy-Centric Crypto Zcash to Pro Trading Exchange

Crypto exchange Coinbase Pro is adding privacy coin zcash to its listings. The platform announced Thursday that customers can transfer zcash into its professional trading platform, though as with previous additions, users can not yet purchase the token until the exchange has established enough liquidity. Deposits will be accepted for at least 12 hours after…

Privacy Crypto Zcash Goes Live With ‘Sapling’ Network Hard Fork

The privacy-focused cryptocurrency zcash has officially implemented its network hard fork, known as Sapling. Activated on schedule at block 419,200, Sapling has long been planned as an upgrade aimed at making the network faster, lighter and more secure. On Sunday, the Zerocoin Electric Coin Company’s Elise Hadmon wrote that “Sapling activation, occurring on the momentous occasion of…