Starting in 2014 the Zerocoin researchers and few other teams of cryptographers joined forces to work on the Zcash protocol. The project was officially announced on January 2016 as a better version on the existing Zerocoin protocol, and the first coin was mined in October 2016.
Unlike other blockchains such as Bitcoin and Ethereum where every transaction is public, Zcash uses a system known as 'zk-SNARKs' (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) to shield both the amount and the address of transactions on the blockchain, transparent transaction with no privacy protection are also allowed.
With the “Sapling” upgrade users will be able to create unique tokens, and transfer them for personal purposes.
The Zcash trade symbol is ZEC, and like Bitcoin the supply is limited to 21 million units. At the time of writing one ZEC is worth 200.58$, with a supply of 1,399,906 ZEC.
You can get started by downloading your Zcash wallet Here.
Bitcoin: 1F7TMMc1LwUu626sUcBoPr5bNL2dpP5gz
Gridcoin: SHV4UwAPVQoew6J3S12nwjrfdGw8f9iba7
Ethereum: 0x8f52872c8263286fd160fc88c08d802e0d927e56
Reddcoin: RqjV3ZWnzsC7oz6CpG1KKVuMWWFUJpRdDG
Litecoin: LScHXjn9Nq4gJUU177P5nCSzo4EwMEuUFA
