ZCash is a relatively new cryptocurrency that’s based on the idea of complete anonymity with regard to transaction details. It utilizes a zero-knowledge protocol which validates transactions, meaning the algorithm ensures that one party can prove to another party that the statement is true without transmitting information about the proof itself.
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Network Upgrade 5 goes live on Zcash’s mainnet, dubbed by devs as a really, really BFD (big f*cking deal).
Old-timer Zcash gets with the times, with parent company Electric Coin preparing an upgrade set to be a “historic step” for humanity. No, really – they said that.
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