Bitfinex, Bittrex, Bitnow, Bitsquare, Changelly, HitBTC, Kraken, Poloniex, ShapeShift and YUNBI all now support Zcash trading.
Zcash, a new privacy-focused cryptocurrency, was only launched on Friday and is already available on a large number of exchanges including: Bitfinex, Bittrex, Bitnow, Bitsquare, Changelly, HitBTC, Kraken, Poloniex, ShapeShift and YUNBI. Despite being newly released, Zcash has some very well-known stakeholders, including Roger Ver, Barry Seibert and Pantera Capital.
Although operating as an open source project, Zcash is set up as company which gets 10% of the eventual monetary base. “Zcash is a group of scientists and techies who came up with a way to combine blockchains with data security. These two things are well understood, important, and widely used, but have never been put together before now,” said Zcash CEO Zooko Wilcox, “The launch of the Zash protocol is the first of its kind. It is the accumulation of years of academic research, hard engineering work, and diligent security work.”
The Zcash total coin supply is going to be 21 million, similar to Bitcoin, and the asset follows the same issue rate. However, instead of having 10 minute blocks, ZCash will have a 2.5 minute block average, and the number of ZEC created per Zcash block will be a quarter the number of BTC created per Bitcoin block. It is based on zero-knowledge proofs promising to guarantee better privacy and confidentiality than bitcoin.
“Zcash finally fulfills an early promise of Bitcoin technology - the ability to transact freely and privately with anyone in the world,” said ShapeShift founder and CEO Erik Voorhees, “This protects the right to privacy held by all individuals on Earth, and opens up new commercial use cases which were impossible without truly confidential transactions.”
$1 billion market cap?
Paul Clarkson, product manager at HitBTC, commented: “There’s always a particular reason for listing a specific cryptocurrency. In the case of Zcash, the crucial advantage is an outstanding professional dev team and a hefty board of known advisors and investors. Another point is a brand-new cryptographic scheme that significantly differs from existing privacy-centric solutions. Bringing Liquidity for innovative technologies is our job, and Zcash certainly deserves attention.”
Clarkson continues: “An ‘open source company’ seems to be a new phenomenon, which is easy to imagine in the world of crypto, though. The open team and famous supporters should have a great positive impact on the Zcash adoption. I believe Zcash can surpass the market capitalization of $1 billion in couple of years from now.”
If you want to mine Zcash and hold it in a wallet, Decentral, the creator of the universal Blockchain wallet Jaxx, announced today that its Zcash integration is officially complete. Anthony Di Iorio, founder and CEO of Jaxx, said: “There’s a lot of buzz and excitement around Zcash. Our team has worked hard to speed up the integration process, to test it appropriately, and to provide thousands of customers with access to this coin as soon as possible.”
Zcash, a new privacy-focused cryptocurrency, was only launched on Friday and is already available on a large number of exchanges including: Bitfinex, Bittrex, Bitnow, Bitsquare, Changelly, HitBTC, Kraken, Poloniex, ShapeShift and YUNBI. Despite being newly released, Zcash has some very well-known stakeholders, including Roger Ver, Barry Seibert and Pantera Capital.
Although operating as an open source project, Zcash is set up as company which gets 10% of the eventual monetary base. “Zcash is a group of scientists and techies who came up with a way to combine blockchains with data security. These two things are well understood, important, and widely used, but have never been put together before now,” said Zcash CEO Zooko Wilcox, “The launch of the Zash protocol is the first of its kind. It is the accumulation of years of academic research, hard engineering work, and diligent security work.”
The Zcash total coin supply is going to be 21 million, similar to Bitcoin, and the asset follows the same issue rate. However, instead of having 10 minute blocks, ZCash will have a 2.5 minute block average, and the number of ZEC created per Zcash block will be a quarter the number of BTC created per Bitcoin block. It is based on zero-knowledge proofs promising to guarantee better privacy and confidentiality than bitcoin.
“Zcash finally fulfills an early promise of Bitcoin technology - the ability to transact freely and privately with anyone in the world,” said ShapeShift founder and CEO Erik Voorhees, “This protects the right to privacy held by all individuals on Earth, and opens up new commercial use cases which were impossible without truly confidential transactions.”
$1 billion market cap?
Paul Clarkson, product manager at HitBTC, commented: “There’s always a particular reason for listing a specific cryptocurrency. In the case of Zcash, the crucial advantage is an outstanding professional dev team and a hefty board of known advisors and investors. Another point is a brand-new cryptographic scheme that significantly differs from existing privacy-centric solutions. Bringing Liquidity for innovative technologies is our job, and Zcash certainly deserves attention.”
Clarkson continues: “An ‘open source company’ seems to be a new phenomenon, which is easy to imagine in the world of crypto, though. The open team and famous supporters should have a great positive impact on the Zcash adoption. I believe Zcash can surpass the market capitalization of $1 billion in couple of years from now.”
If you want to mine Zcash and hold it in a wallet, Decentral, the creator of the universal Blockchain wallet Jaxx, announced today that its Zcash integration is officially complete. Anthony Di Iorio, founder and CEO of Jaxx, said: “There’s a lot of buzz and excitement around Zcash. Our team has worked hard to speed up the integration process, to test it appropriately, and to provide thousands of customers with access to this coin as soon as possible.”
Australia Gears Up for Bitcoin ETFs: ASX Leads the Charge
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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