Tag: Zcash

Parity Technologies has announced a partnership with the Zcash Foundation to build the first-ever alternative full node software for Zcash. Announcing the development in an article posted on its official blog on October 30, 2018, Parity revealed that the new Zcash alternative client would be written in Rust programming language Full Node Online  According to Parity, its vast experience in…

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Privacy-focused cryptocurrency ZCash executed a hard fork and network upgrade on October 28, 2018, on its second anniversary. According to ZCash’s blog post, the Sapling activation will introduce new shielded addresses which will boost ZCash’s performance by improving the network’s transaction speed. ZCash Marks New Milestone In Roadmap ZCash activated their sapling network upgrade at block height 419200. Their new…

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Privacy-centric digital currencies are coming under more scrutiny as their use on dark web marketplaces is on the rise. Law enforcement agencies and several financial regulators are concerned that anonymous digital currencies could be used to facilitate terrorist financing and money laundering in a de facto untraceable manner. Japan, for example, has already acted on these concerns and have prohibited…

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Over the last one year, the public interest in cryptocurrencies and related offerings has grown manifold. Irrespective of the falling prices, enthusiasm, and curiosity for digital assets continues to  persist While a majority of individuals are more interested in investing, few move towards other operational activities, mining being one of them. Cryptocurrency mining requires specific high-end hardware and algorithms to…

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BitGo, a California-based blockchain security firm offering institutional grade custodial services for a variety of cryptocurrencies, is now supporting Zcash, as announced by the firm on July 25, 2018. Security Meets Privacy Created in 2013 by Mike Belshe and Ben Davenport, BitGo claims to be the world’s largest processor of on-chain bitcoin transactions, handling a massive 15 percent of all…

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Over the past several years, the number of privacy-centric altcoins in the crypto asset market has risen, as has the value of the leading privacy-centric altcoins. Personal financial sovereignty has always been high on the agenda of bitcoin users and has been, for many, the key driver for adopting bitcoin as a currency in the first place. However, due to…

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Strict Anti-Money Laundering (AML) and Know-Your-Customer (KYC) laws need to be enforced for financial regulators and banks to consider cryptocurrencies as a legal tender, observes the Payments Source. Anonymity: A Boon or Bane? While cryptocurrencies have anonymity at the center of their ethos, several countries consider the lack of identity linked to a transaction akin to a criminal doing. For…

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Kingdom Trust, a qualified custodian that specializes in unique custody solutions, announced it is now accepting Zcash (ZEC) and Stellar Lumens (XLM) to its list of acceptable cryptocurrency investments. Cryptocurrency Provide Diversification Opportunities Kingdom Trust is considered as one of the leading qualified custodians holding cryptocurrency investments. In addition to ZCash and Stellar Lumens, the qualified custodian also accepts 7 other…

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On June 26, 2018, privacy-centric protocol Zcash will undergo its first hard-fork. The upgrade is named “Overwinter” and takes place at block 347,500 assuming a hash rate of 150 seconds per block. Setting the Foundation According to a Zcash Foundation post on the development, the hard fork serves to fortify the protocol for additional upgrades to the network, including replay…

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While bitcoin is the most popular and valuable decentralized digital currency in the market today, it is not without its issues. One of the main challenges that the Bitcoin network faces is a lack of transaction privacy. To address this, a number of altcoins with a focus on privacy have been introduced into the market. The largely positive market response…

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