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zcash.html
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<!DOCTYPE html>
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<h1>ZCash</h1>
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<h2 style="text-align: center; padding: 20px 0px 10px 0px; margin:0;">We are happy to anounce ZCash in Atomic Wallet</h2>
<h2>What is ZCash?</h2>
<p>Zcash - is a decentralized cryptocurrency based on BitcoinCore with it’s own significant features. Working as a public ledger it has enchanted privacy and a hard limit of 21 mln coins.</p>
<p>ZCash started as a fork of Bitcoin on October 28, 2016, and at the beginning has a name ‘Zerocoin’, which later transferred into ‘Zerocash system’ and finally renamed as a ZCash.</p>
<p>ZCash team consists of the scientists, cryptographists and engineers with a great exprience in decentralized system creation. The key members are: <a href="https://en.wikipedia.org/wiki/Zooko_Wilcox-O%27Hearn">Zooko Wilcox-O'Hearn</a> and <a href="https://en.wikipedia.org/wiki/Matthew_D._Green">Matthew D. Green</a> from Johns Hopkins University.</p>
<h2>How ZCash works?</h2>
<p>There are two types of addresses that can be used to make transactions:</p>
<p>1) T-address: this type is also identical as bitcoin address and it means that transaction can be made between two parties,and a third party will be able to view the details of this transaction.</p>
<p>2) Z-address: this type provides an enchanted security protocol which gives a lot more privacy, and secure transaction from third-paries.</p>
<p>Here is an illustration about this process.</p>
<div class="item-page-image-template">
<div class="item-page-image-template-container">
<img src="https://blog.z.cash/wp-content/uploads/2017/03/zcash-transaction.png" alt="">
</div>
</div>
<p>The reason why ZCash can handle high level of securty is because of implementing <a href="https://blockgeeks.com/guides/what-is-zksnarks/">zk-SNARKS protocol.</a></p>
<p>There are two parties when it comes to a zero knowledge proof (as stated above), the prover and the verifier. Zero knowledge states that a prover can prove to the verifier that they posses a certain knowledge without telling them what that knowledge actually is.</p>
<p>Zcash’s roots lie in Zerocoin, which was developed in the 1980s. It was developed by Matthew Green, currently a professor at John Hopkins University. Back then, he was a graduate student at the institution. Zerocoin employed a novel, sophisticated mathematical technique called zero-knowledge proofs in order to conduct blockchain transactions. The proofs ensured that the transaction’s contents remained anonymous even as the transaction was publicly visible on a decentralized ledger.</p>
<p>ZCash market features</p>
<p>Total supply of ZCash is estimated like in Bitcoin, counting 21 mln coins. Mining reward is halved every 4 yesars also.</p>
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