ZCH meaning in Cryptocurrency ?

Cryptocurrency Miscellaneous in Cryptocurrency . 2 months ago

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0cash was launched on 02/09/2020 with less than 0.5% premine, 5% developer fee, without ICO, and was not a chain fork of any coin. 0cash has also committed itself to always being GPU mineable and ASIC-resistant. 0cash uses zkSNARKs for privacy (similar to ZCash). 0cash offers total payment confidentiality, while still maintaining a decentralized network using a public Blockchain. 0cash aims to combine Bitcoin’s security with Zcash’s anonymity and privacy. At the core of 0cash technology is zero-knowledge proofs, which allows transaction data to be validated without revealing information about the amount and the parties involved. 0cash uses specific zero-knowledge proofs called zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge). reference

Posted on 15 Nov 2024, this text provides information on Cryptocurrency related to Miscellaneous in Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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