Founded by Zooko Wilcox UN agency antecedently worked on Digicash and PGP, Zcash is pitched as associate anonymous bitcoin various that boasts improved privacy by giving users the power to create by selection disclosable transactions.
“Zcash may be a new technology that enables you to place encrypted information into a blockchain. Blockchains as they presently exist, don’t supply a lot of (or any) management over the speech act of the info that you just placed on the blockchain. Any information that you just place in there's visible to all or any users of the blockchain. Zcash is that the 1st protocol of its kind and is that the accumulation of years of educational analysis, onerous engineering work, and diligent security work.” explained Zooko in a very handout
The technology has already gained momentum, raising funds from blockchain investment firms together with Digital Currency cluster, Pantera Capital and Fenbushi Capital and also the unharness on the twenty eighth is already tipped jointly of the largest Altcoin releases of the year. it's this attention that has resulted in Jaxx adding support, per Anthony Di Iorio, chief operating officer of Jaxx
“Zcash has garnered plenty of attention from all round the world and that we at Jaxx have received plenty of interest from our users to own it offered as shortly because it launches. we'll be able to supply Zcash on variety of various platforms, and ar operating well with the developers to modify a seamless integration. VCs have endowed in Zcash, there’s leading edge security technology behind it and that’s resulted in quite ton chatter within the crypto community. Zcash holds a rare quantity of promise.”
Once added, Zcash can become the fifth token that Jaxx have superimposed to in but 3 months, following them adding support for Litcoin, Ethereum Classic, Dash and last, Augur.
source : http://coinjournal.net
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