New ZCash (ZEC) Shielded Wallets Help Increase and Improve Payment Transaction Privacy

2019-1-2 19:32

The current entrants in the cryptocurrency field are increasingly focusing on the privacy coin with anonymity being a key focus. One of the most favored coins is ZCash (ZEC), which has seen an increasing rate in adoption since the start of 2018. Recently, ZEC was listed among the top coins to be added on Abra Digital wallet, a top cryptocurrency wallet, and gained listing on Coinbase back in November.

Furthermore, the current 20th placed coin on Coinmarketcap has gained listing on the largest Canadian cryptocurrency exchange, Coinsave.

ZCash Focuses On Shielded Wallets To Boost Adoption Rates.

The past year has seen a rise in cases of privacy breaches as seen with the Facebook scandal further pushing privacy coins into the limelight. With the field crowded with multiple wallets and new users continuing to flock in, ZEC is looking forward to launch its shielded digital wallets that offer the best levels of security for your funds.

Privacy coins offer different types of transactions to ensure anonymity and privacy including transparent, shielding, de-shielding and shielded transactions. Shielded transactions offers the best financial privacy during transactions of ZCash via encryption.

Communities around Zcash are launching their wallets in the course of 2019. Here is a couple of the upcoming ZEC wallets.

Zero Knowledge Bank (ZKB)

Zero Knowledge Bank (ZKB) wallet is a ZEC enabled wallet that offers its users a smart browser and mobile wallet that is accessible on the go. The company is a new entrant in offering financial and storage services to users and is set to make all ZEC transactions 100% private and safe.

The company has however suffered a backlash from the ZCash community after it asked for the addresses and private keys for its ZCash users. It is highly advised against giving anyone you do not trust your private keys. In a response to @mineZcash on Twitter ZKB media team said,

“@mineZcash you’re right with an assumption that we have no history of service yet. We are at the beta testing stage of our Zero-Knowledge Bank client for Zcash at the moment. Your feedback and questions are very appreciated in our official Telegram group.” – Zero Knowledge Bank on Twitter.

The wallet will offer its users a platform that will make fully anonymous transactions for ZEC without requiring the download of the full ZCash node, which may surpass 20GB in size. In addition, the wallet offers user a lifetime free platform without the need to fill Know Your Customer details.

The zcashd ZEC wallet

Most of the wallets today tend to offer top security for funds but sacrifice your privacy or vice versa. Not anymore as “zcashd” on Linux offers users both of the features. The official ZEC wallet allows users to run the Zcash client and a full network node on their computer providing shielded transactions.

Other ZEC enabled cryptocurrencies include, WinZEC (also known as Zcash4Win), ZECmate, Kozyilmaz and zec-qt, which was released in November.

Zec-qt-wallet is a cross-platform wallet GUI and full node that encompasses support for shielded Sapling addresses. The wallet is created by the ZCash Foundation, an independent company that focuses on the development of Zcash blockchain.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Zcash (ZEC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $27.26
Капитализация $0 Rank 99999
Цена в час новости $ 59.71 (-100%)

zec coins zcash privacy rate adoption seen

Источник: bitcoinexchangeguide.com

zec coins → Результатов: 36


Report: BitHumb fakes 94% of trading volume. Most manipulated coins include WTC, LTC, ETC, XMR, ZEC, OMG, and BTG.

As Yoseph Young explains it, in illiquid markets and trading platforms with inflated volumes, it is relatively easy to manipulate the price of small cryptocurrencies. While it takes many major factors and an unlikely correlation of events to bring down the price of major cryptocurrencies like Bitcoin and Ethereum, researches demonstrate that a similar result […] The post Report: BitHumb fakes 94% of trading volume.

2018-12-20 23:20


Zcash (ZEC) Sapling Privacy Features Becomes a Desirable Trait for Many New Services

ZCash (ZEC) is one of the so-called privacy coins in the cryptocurrency market. It allows individuals to transact funds without others knowing the number of funds moved and transacted. According to a recent post uploaded by Paige Peterson, since the Sapling network upgrade, the network has experienced an increased adoption of shielded addresses in the […]

2018-12-18 19:53


Zcash (ZEC) Founder Zooko Wilcox Talks About Coming to Coinbase and Privacy Consent

Zcash Coming to Coinbase – Privacy Concerns Zcash is one of the best-known privacy coins in the market. One of its main motivations is privacy and its founder, Zooko Wilcox, believes that the cryptocurrency industry can attain privacy for everyone – Zcash is the brains behind the formidable zk-SNARK security protocol. However, there are concerns […]

2018-12-5 20:09


Who stands a better chance to be the Coinbase listing after ZEC: Stellar (XLM) or Cardano (ADA)

Now that Coinbase announced listing of ZEC on their platform, the initial pack of coins they revealed as top favorites to be added on the world largest fiat-crypto exchange is getting smaller. There are only ADA and XLM left to be listed as ZRX, BAT and now ZEC are all already sitting comfortably in their […] The post Who stands a better chance to be the Coinbase listing after ZEC: Stellar (XLM) or Cardano (ADA) appeared first on CaptainAltcoin.

2018-11-29 22:06


A protocol upgrade, Zcash Blossom announced for next year. Coinbase listing would be the “price blossom” for ZEC in this year

In a world where online privacy is becoming more of an issue by each passing day, coins that focus on providing it are becoming more and more valued. Zcash is one of these so called “privacy” coins as it represents an open, permission-less cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography.

2018-11-13 19:19


Фото:

Zcash Mining 400% More Profitable Than Bitcoin

Zcash (ZEC) is the most profitable cryptocurrency to mine, with expected returns far higher than other PoW coins like Ethereum (ETH) and Bitcoin (BTC). Data collected from cryptocurrency tools provider Anything Crypto suggests that at current difficulty levels, ZEC miners using the Antminer Z9 mini could expect an $8,000 return on their investment over a […] The post Zcash Mining 400% More Profitable Than Bitcoin appeared first on Crypto Briefing.

2018-7-13 18:28


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto Fear and Greed Index hits 74: What it means for Bitcoin

The crypto fear and greed index recently hit 74, indicating extreme market greed. Bitcoin miner revenue soared over the past month. The rally that Bitcoin [BTC] saw over the last few weeks, The post Crypto Fear and Greed Index hits 74: What it means for Bitcoin appeared first on AMBCrypto.

Altcoins to triple in value? Analysts predict a breakout!

Altcoin market cap exceeds $1.1 trillion, signaling potential for an ‘altseason.’ Analysts predict a significant surge if resistance levels are broken. The altcoin market, a segment ofteThe post Altcoins to triple in value? Analysts predict a breakout! appeared first on AMBCrypto.

Will Ethereum surge to $4.5K before ETH ETFs go live?

Ethereum's price nears $4,000, influenced by optimism around newly approved ETFs. Market analysts suggest the potential for Ethereum to reach as high as $10,000 in the current cycle. In the The post Will Ethereum surge to $4.