Zcash turns 10 as privacy coin rides upgrades and ETF interest
Photo: Rafael Minguet Delgado / Pexels
Zcash has shipped ten network upgrades since launch and is the largest privacy-focused asset at about $21 billion in market value.
Zcash (ZEC) price
Full chart and statsLoading chart…
- Price
- $1,275
- 24h change
- −0.6%
- Market cap
- $21.7B
- 24h volume
- $780.6M
- Circulating supply
- 17.0M ZEC
CoinGecko data as of Oct 28, 11:19 AM EDT.
Zcash marked 10 years since its mainnet launch on Tuesday, with Grayscale posting anniversary wishes for the privacy-focused protocol. The Zcash network went live on Oct. 28, 2016.
Ten upgrades and a $21 billion market value
Zcash has shipped ten network upgrades and is the largest privacy-preserving digital asset by market capitalization at about $21 billion, the Zcash ETF account said in the post Grayscale shared. It was the first widely used application of zk-SNARKs, the zero-knowledge proofs that let users shield transaction details. The 2022 NU5 upgrade introduced the Halo 2 proving system, removing the need for a trusted setup.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
