ZEC

ZEC Zcash

Price of 1 Zcash today (21 November)

$ 42.89

2.93%

Price Min/Max

24 hrs

$ 40.85

$ 43.7

30 days

$ 33.28

$ 47.83

1 year

$ 16.18

$ 47.83

Market Cap

$ 644,422,090

+13.45%

#141

Trading Volume, 24h

$ 113,524,154

+93.19%

Supply token

15,119,575 ZEC 72%

Max Supply

21,000,000

Price of Zcash (ZEC)

The first currency trading commenced in 28 October 2016 , and up to the present day, Zcash (ZEC) is traded on 65 exchanges, including YoBit, Poloniex, BigONE, Binance and others. The maximum trading volume is observed for the trading pair ZEC/USDT and reaches 59.5 mln. dollars (52% of the total volume across all exchanges). During the week, the minimum price for Zcash (ZEC) is fixed on Friday at 37.7 dollars. Currently, the token Zcash is trading in the range of 42.89 dollars or 4,336.7 rubles for 1 ZEC.

Exchanges where ZEC is traded

	Exchange	Pair	Price	Volume, 24h
1	YoBit	ZEC/BTC	$ 43.23 ₿ 0.0004	$ 46,383,135	Go
2	Poloniex	ZEC/USDT	$ 42.77 ₮ 42.78	$ 13,524,216	Go
3	BigONE	ZEC/USDT	$ 43.61 ₮ 43.56	$ 7,966,875	Go
4	Binance	ZEC/USDT	$ 43.18 ₮ 43.16	$ 5,912,829	Go
5	Gate.io	ZEC/USDT	$ 43.03 ₮ 43.01	$ 3,264,693	Go
6	Bitci TR	ZEC/USDT	$ 43.7 ₮ 43.68	$ 3,204,347	Go
7	MEXC	ZEC/USDT	$ 43 ₮ 42.98	$ 3,173,139	Go
8	XT.COM	ZEC/USDT	$ 42.75 ₮ 42.73	$ 2,875,789	Go
9	Nami.Exchange	ZEC/USDT	$ 43.18 ₮ 43.16	$ 2,406,237	Go
10	WhiteBIT	ZEC/USDT	$ 43.5 ₮ 43.48	$ 2,244,608	Go

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1 ZEC = 42.89 USD

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What is Zcash?

Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.

Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase. Our improvement over Bitcoin is the addition of privacy. Zcash uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them.

How Zcash works

Zcash encrypts the contents of shielded transactions. Since the payment information is encrypted, the protocol uses a novel cryptographic method to verify their validity.

Zcash uses a zero-knowledge proof construction called a zk-SNARK, developed by our team of experienced cryptographers based on recent breakthroughs in cryptography. These constructions allow the network to maintain a secure ledger of balances without disclosing the parties or amounts involved. Instead of publicly demonstrating spend-authority and transaction values, the transaction metadata is encrypted and zk-SNARKs are used to prove that nobody is cheating or stealing.

Zcash also enables users to send public payments which work similarly to Bitcoin. With the support for both shielded and transparent addresses, users can choose to send Zcash privately or publicly. Zcash payments sent from a shielded address to a transparent address reveal the received balance, while payments from a transparent address to a shielded address protect the receiving value.

Check out CoinBureau for guide on What is ZCash.