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Author Topic: Crypto Wiki  (Read 1597 times)

Offline allcoinsmoon

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Re: Crypto Wiki
« Reply #25 on: February 01, 2019, 05:14:27 PM »
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Offline allcoinsmoon

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Re: Crypto Wiki
« Reply #26 on: February 01, 2019, 11:35:43 PM »
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  What is Zcash?   
Zcash is another cryptocurrency like the Bitcoin and it provides selective transparency for transactions. The Zcash payments will be published in block chains. Here, the senders, recipients and the total amount of transaction will remain secret. So, the Zcash has some features like the Bitcoin but it is different in many ways too. It is based upon a decentralized block chain structure like the Bitcoin, but it ensures anonymity for transaction amounts and the parties conducting such transactions. When you know a person’s address in Bitcoin, you can always follow his transactions. So, you are aware of how much cash is actually moving around. But, with Zcash, the transaction amounts are encrypted and private.




  What is Zero Confirmation Transaction?   
Zero confirmation transaction is a transaction which occurs but is not yet confirmed by the miners. Only those doing the dealings are aware of it. Till such time that a block is mined and a transaction is made, it is said to be having zero confirmation. When it is included in a block and written in the blockchain. It is said to have one transaction.


Confirmation time of a transaction will vary depending upon the volume of the transactions i.e. more the confirmations older is the transaction. The transaction is accepted only when it has 6 confirmations. The confirmations can be got within a few seconds or may take a longer time. However, there is no possibility of annulling the transaction once it is published. But there is an apprehension among the users towards taking acceptance to the zero-confirmation transaction.



   What is Zcash blockchain?   
Zcash is a cryptocurrency the stated aim of which is to provide crypto graphical transactions with incremented privacy as compared to other cryptocurrencies. This Zcash is an improved version of Zerocoin protocol and ultimately was transformed into Zerocash system. This protocol was finally implemented in the year 2016. The blockchain of Zcash publishes each and every payment which is made in this particular cryptocurrency over a public logbook. People who transact in this Zcash cryptocurrency have the option of putting a veil over their identity as well as over the identity of the receiver. Also if they need they can also hide the amount they are sending or receiving. This feature of the blockchain of Zcash makes it certainly more user friendly and privacy concerned as compared to other cryptocurrencies in the league.



  What is Zcash Pool?   
For those people who don't have the facility of having a cloud mining server for mining of cryptocurrencies such as Zcash; they can still avail the chance of mining Zcash cryptocurrency by joining a mining pool for Zcash. It is a great future for miners which are small because of the reasons the rewarded piece of code is divided in the same proportion of their individual contribution to mine that particular block. How so ever there are certain associated costs which are associated with the mining pool. The administrator of the mining pool needs to maintain the server therefore he charges certain amount of pool joining fees so that the server keeps on working with efficiency. Second drawback of having a Zcash mining pool is that not all the mining pool operators are trustworthy. One needs to be very vary of the mining pool operators they are working with. Therefore one needs to be very vigilant of which mining pool to join and which to not. All mining activities are to be done with strict studying and pre-planning of what are the steps to be put and what are the potential rewards of joining a particular Zcash trip to currency mining pool.



  What is Zcash algorithm?   
By the term Zcash coin algorithm we mean of the proof of work algorithm which is behind the production or the mining of the cryptocurrency Zcash. In this case for the cryptocurrencies Zcash algorithm is Equihash. Equihash is a type of memory based proof of work kind of algorithm which is developed in the Luxembourg University’s center of Reliability, Trust and Security. The people behind the Equihash algorithm are Dmitry Khovratovic and Alex Biryukov who were research students in University of Luxembourg which came up with their latest innovation of a proof of work algorithm Equihash which is behind the concept of Zcash cryptocurrency.


It was proposed in the year 2016 in San Diego. Finally the cryptocurrencies Zcash integrated the proof of work algorithm Equihash in the April of the Year 2016 for reasons of betterment including ASIC miner resistance, privacy, and security. By the technical experts it has been proved that the algorithm Equihash is able to centralize the whole procedure of mining so that different nodes present in the mining pool may utilize their resources effectively by centralizing the computing power using different hardware pieces for that. Hence the mining algorithm Equihash is behind Zcash mining proof of work.


The stated purpose of the advent of Zcash cryptocurrency is to provide better security and privacy features which were lacking in the cryptocurrency Bitcoin. A special protocol for its formation known as zero Coin protocol was modified and ultimately transferred to form the zero cash system which finally developed into the format of Zcash cryptocurrency in the year 2016. Zero coin electric company is the group which is responsible for executing the code of Zcash cryptocurrency. Therefore the integration of Equihash algorithm is complete in Zcash proof of work concept.



   What is Zcash paper?   
Zcash refers to a decentralized cryptocurrency which is open source and offers a high degree of anonymity and privacy to users. These transactions are published on blockchains but the addresses of senders, recipients or the amount involved in transactions remain completely private. This cryptocurrency also makes use of highly advanced cryptographic techniques or zk-snarks which are zero-knowledge proofs. These help to verify transactions without giving away any extra information about such transactions.


Zcash paper refers to a paper wallet for Zcash which is hard to accomplish accurately or securely if you do not know how to go about it. For this Zcash paper, you need a secure and offline computer. You have to take a print out of the private key so as to create a paper wallet. This is a rather cost-effective way to make a wallet secure when you do not have the funds or means to get a hardware wallet. However, one should know the pros and cons of such a paper wallet well before creating it.


The Zcash address works like an email address which comprises of strings of letters and numbers. You can send these addresses to people and they can send back Zcash accordingly. The best and simplest way to fund Zcash wallets is to purchase Zcash and then send these to the wallet. You cannot buy cash from inside the wallet directly. When you are dealing with a lot of crypto coins it is better to choose a hardware wallet. You should also remember to create backups for your Zcash wallets. Else, you may lose a lot of cryptocurrencies when there are no backups available and the devices get hacked or stolen. It is also not wise to keep the Zcash on any exchange because these are also vulnerable to hacks. With Zcash prices soaring, the exchanges are likely to become the biggest targets. In the future, more wallets for Zcash are expected to come out given its growing popularity.



   What is Zcash Koers?   
Koers is a Dutch word the meaning of which is price or rate. Zcash cryptocurrency has become very famous all across the world particularly in the regions of Netherland and other Western European Nations. People there are searching for the prices of Zcash cryptocurrency by putting the phrase Zcash koers in the Google search engine, therefore, making it the most widely searched term over the Google. The current price of Zcash cryptocurrencies is floating around dollar 450 per coin.


The prices may slightly vary over the different cryptocurrency exchanges which are lying all over the world. The Western European Nations have a special obsession with this Zcash cryptocurrency. It is because of the reason that this Zcash cryptocurrency has embedded privacy features and it. The privacy features make it possible that the identity of the person who is sending the money, the identity of the person who is receiving the money and the amount which is sent over the Internet over the Zcash cryptocurrency by using we specialized algorithm known as EquiHash remains hidden. Hence nobody in the world is able to see who is sending money to whom and by how much amount.


Thereby, the money remains out of the site of government or the third parties. This is also one of the reasons why some government organizations are opposed to letting cryptocurrencies sold and exchanged in their Nations. But there is no way by which cryptocurrency exchanging and selling could be stopped as it is a decentralized phenomenon and no government or no central authority can control it. The decentralization feature is inherently built up within the blockchain technology which underlies each and every cryptocurrency be it – Bitcoin, LiteCoin, Ethereum, Ripple etc. So the people of Netherlands are searching for the prices of Zcash cryptocurrency frantically by the search term “Zcash Coin Koers”.




  What is Zcash Kaufen?
   
Kaufen is a German word the meaning of which is to buy. Hence the proper translation of the word Zcash coffin would be purchasing of Zcash cryptocurrency. In the recent days, this Zcash cryptocurrency has become very much famous and people are searching for ways of buying it. It is available to be sold over the cryptocurrency exchanges over the world where you can purchase by making a payment at the current prices through your online payment methods such as credit card debit card or online banking. The world has become very famous in the Western Europe where German is a prevalent language.


Hence, Google search engine has registered it as a suggestive search phrase over its platform. To buy Zcash cryptocurrency token one needs to have a wallet account for digital cryptocurrencies on his computer or mobile phones. By using your wallet service one can easily trade and exchange the cryptocurrencies such as Zcash. Zcash cryptocurrency wallets are available for storing and receiving other cryptocurrencies too such as Bitcoin, LiteCoin, Monero, ripple, Bitcoin Cash, Ethereum etc. Just by having a wallet service opens a world of opportunities for the people who are in the business of buying and selling cryptocurrencies.


  What is Zcash Coin-Jar?   
Coin jar is the name of a wallet service for cryptocurrencies. This type of cryptocurrency wallet is most popular over the mobile devices. These mobile devices are smart phones or tablets using Android operating system or iOS which is Apple's mobile operating system. However, there is also the availability of applications for coin jar’s cryptocurrency wallets over desktop systems. Coin jar is an Australia based company which also owns a cryptocurrency exchange there and conversion is allowed between the Bitcoin and Australian dollars. It is popularly known in the media as the Coinbase of Australia.


Such analogies are drawn because what position coin jar holds in Australia is the same which is held by Coinbase in the United States of America. Its popularity has reached great momentum and is not able to be surpassed by its competitors in Australia or abroad. As it was told earlier that it is a mobile platform based cryptocurrency wallet service hence its application is available to be downloaded from both the apple play store as well as from android play store. It allows the centralized validation of the users for the purpose of KYC. The two-factor authentication is the feature which makes the wallet safe and secure from hackers and crackers so that it is not possible to steel the cryptocurrency from your digital wallet without authenticating it from a user of the wallet.



   What is Zcash history?   
The original stated purpose for the advent of cryptocurrency Zcash was to bring about additional layers of security to the existing cryptocurrencies such as Bitcoin, LiteCoin etc. The exchanging code of cryptocurrencies Zcash is ZEC. The date on which Zcash cryptocurrency was originally introduced is 28 of October in the year 2016 that is precisely 15 months before. Zcash cryptocurrency is traded worldwide and has become the de facto silver standard in the world of cryptocurrencies.


The original Zcash cryptocurrency was put in place to take a leaf out of the cryptographic techniques so that users may feel an incremented level of privacy to the transactions as compared to a pool of cryptocurrencies which include the most used cryptocurrency Bitcoin. The zero coin protocol was enhanced and ultimately was turned into zero cash system which culminated in the formation of Zcash cryptocurrency in the year of 2016. Now the control and management of Zcash cryptocurrency lie with the zerocoin electrical coin company which is for the sake of speech referred to as Zcash company. The founder and chief executive officer of this zerocoin electric coin company is Mr. Zooko Wilcox-O'Hearn.


All the transactions which happen over the network of Zcash cryptocurrency follow the public model of a transparent blockchain which itself is a dissipated ledger of blocks; that is, all the transactions are mapped on the cryptographic network of Zcash cryptocurrency. By using an improved version of SHA 256 algorithm which underlies the Bitcoin cryptocurrency; Zcash cryptocurrency is able to offer incremented privacy to the people who wish to transact via Zcash cryptocurrency. This is the unique selling point why the privacy advocates have wholeheartedly put their support for that cash cryptocurrency.


    What is Zcash circulation? 
Zcash circulation refers to the exercise of usage of Zcash cryptocurrency as a medium of trading and exchanging over the world. The concept of cryptocurrency is based on the assumption that a digitally decentralized currency should come up as an alternative methodology of payments and exchange of goods and services which is free from the control of any of the centralized authority of the world be it the National Bank of the nation or the government itself. The reason behind this assertion is that the controlling authority of the government tends to manipulate the market mechanism as per the wishes of the government or the monetary policy of the nation.


The mechanism altering with the currency of the Nations is not transparent therefore the privacy, as well as transparency advocates of the world, have for long lobbying for a mechanism by which a complete transparency in the payments through the Fiat currencies could be maintained. Hence a computer scientist the name of whom is Satoshi Nakamoto came up with a concept of blockchain which could be a decentralized ledger of all the transactions happening over the network and every transaction to be verified through every one of the nodes presents within the system of cryptocurrency. Based on the concept of blockchain world's first cryptocurrency Bitcoin came up. The reason for circulation of cryptocurrencies is the same reason by which they exist; that is, to provide an alternative mechanism for exchanging of goods and merchandise.


Therefore this term Zcash cryptocurrency circulation refers to the activity of people purchasing goods and services by cryptocurrency Zcash and not through the national currencies of their respective Nations as the advocates of privacy and transparency feel that the government currency system is prone to monetary manipulations.




   What is Zcash Kopen?   
Kopen is a Dutch word the meaning of which is to buy. And has the phrase Zcash kopen means the act of buying and selling cryptocurrencies Zcash. There has been a considerable increment in the prices of Zcash cryptocurrency in the recent times which has caused financial experts all over the world to call it as a bubble phenomenon. Let us, first of all, understand what a bubble condition is. Bubble condition is reached when people speculate the prices and in that speculation, they create such a big demand that it causes the prices of that commodity to reach a value which is unprecedented and is many times of the real value of that particular stock.


Ultimately, the people realize that the real value or the worth of the commodity what the prices are showing up causes the Bubble to burst up and people lose big money. However, in such condition governments may intervene and stop the people from losing their money. Till this date, all the speculations of calling the act of buying of Zcash cryptocurrency as bubble speculation have proved wrong. In the long term, the Zcash has big future ahead as is shown by its current price that is $ 455 per token.


The Zcash cryptocurrency has also embedded privacy features which causes it the main attraction to the people who are concerned with the privacy aspect. By using the specialized privacy features which are inherent in the Zcash cryptocurrency it is not possible that one is able to hide the information regarding the person to whom the currency is being sent and the person who is sending it. Also, the amount of money which has been sent or is about to be sent remains cryptic. Hence, people in the Netherlands want to purchase this cryptocurrency, therefore, the phrase Zcash kopen has become a buzz word in search engines in Netherlands the language of which is Dutch.




  What is Zcash Mining Module?   
Any structure will comprise of multiple parts or components. Modules will refer to sets of such parts which may be unorganized and complex. These can be typically put together and assembled in order to build powerful devices and machines. Similarly, when you get your hands on Zcash mining module, you can upgrade the software properly at regular intervals so that these machines can produce even better results.


It is important for miners to be aware of all the latest technologies in the market. It is a known fact that they will require powerful GPUs in order to mine Zcash or ZEC. With the help of a mining module, the miner can understand how the mining process will actually work. The miner can determine the stance of the mining process, calculate the graphics and analyze market values better. The module helps the miner to understand how much rewards can be generated.


The Zcash cryptocurrency grew out of Bitcoin but this crypto coin has an additional focus on anonymity. In the Bitcoin, it is possible for anyone to view the transactions taking place between users and recipients which are stored in a public ledger. But in Zcash, transactions cannot be revealed to outsiders.




  What is Zcash Hash Rate?   
Hash rate of any cryptocurrency refers to the processing capacity of the network of that particular cryptocurrency. In this case of Zcash cryptocurrency, it should be the measure of processing power which is produced by the mining hardware which has been utilized for the very purpose of creating or mining of Zcash cryptocurrency. So, for establishing a viable process by which substantial amount of cryptocurrency could be mined specialized hardware over the network of Zcash cryptocurrency need to be set up. The hash rate of required measurement needs to be set up; over the mining hardware which is used.


The mining hardware could be GPU or the application specific integrated circuits which are otherwise known as ASIC miners in the common language. For the mining of cryptocurrency be it Bitcoin, LiteCoin, Zcash specialized hardware are modified to match the mining algorithm of that particular cryptocurrency are need to be put up and set.


A new kind of cryptocurrency mining procedure has come into use with the advent and raising in popularity of cryptocurrencies. The procedure is known as cloud mining. By using the procedure of cloud mining a client outsourcer is mining operations to a third party company. The third party performs the mining operation on behalf of the client and bears all the brunt such as the mining costs of electricity as well as ventilation problem also the technical part is taken care by the cloud mining company. A onetime payment is what which is required to be paid to the cloud mining company in case of Zcash cryptocurrency mining. Mining plans are to be chosen based on the requirement of how much cryptocurrency with what speed of hash rate one wants to avail. On the basis of hash rates; mining plans and the costs are calculated.



  What is Zcash features?   
Zcash coin is a kind of cryptocurrency just like that of a Bitcoin having additional and distinct features. In the same way of a Bitcoin, the Zcash cryptocurrency too is based on dissipated blockchain ledger but has additional features of maintaining the anonymity of the transactions such as hiding the identity of the sender, receiver, and the amount of money sent through the Zcash blockchain network. In the case of Bitcoin cryptocurrency if somebody is aware of somebody's wallet address he can trace the transactions happening over it having all the addresses in the blockchain as well as the amount of money transacted. However, in the case of Zcash cryptocurrency, it is not possible as all the information is encrypted. Hence Zcash is the encrypted version of Bitcoin.


A special feature known as zk-snark is deployed by the network of Zcash cryptocurrency by virtue of which is safe and secure logbook of all the balances is maintained without having to disclose the name of parties in a transaction, as well as the amounts too, is hidden. The total supply of Zcash cryptocurrency is equal to the total supply of Bitcoins that is 21 million coins. The mining algorithm of Zcash cryptocurrency is known as Equihash which is the main reason why such staunch privacy measures are put in place in case of Zcash cryptocurrency while they are absent in Bitcoin. The incremented emphasis on the privacy features makes the transactions happening over the network of Zcash and safe. It also makes it possible that third party intruders are not able to extract even an iota of information by studying the blockchain Explorer of Zcash as all the transactions are encrypted.




   What is Zcash blockchain size?   
ight now Zcash is in the procedure of testing two megabytes of block size produced every 150 seconds that is precisely 2.5 minutes. On the other hand, the private transactions happening over this Zcash network has much bigger size than that of a bitcoin transaction thereby it has bigger and swift block generation but it doesn't mean that these Zcash cryptocurrency shall have bigger output or thought put than that of Bitcoin. It is often said that Zcash cryptocurrency is https that is hypertext transfer protocol secure of the cryptocurrency world while the Bitcoin remains simply at http that is devoid of socket security layer protection.


What it really means is the privacy of the transactions is actually maintained by using the network and the inherent underlying blockchain technology of Zcash cryptocurrency. The original stated purpose of Zcash cryptocurrency was to have a lighter and swifter version of Bitcoin cryptocurrency where the transaction time amounts to almost 10 minutes that is 600 seconds which is considerable legging for such big network having millions of nodes which are ever in the process of transaction. By effective usage of Equihash algorithm which is a lighter version and AntMiner friendly algorithm decoders of Zcash cryptocurrency are able to rework and bring the block generation time to almost 25% of what it is in Bitcoin.



   What is Zcash balance?   
The balance of Zcash cryptocurrency refers to the amount in Zcash which is displayed in the wallet application of Zcash cryptocurrency after the happening of transaction. It is same as that of bank account balance which is displayed after every transaction in the banking app. Either you receive Zcash cryptocurrency or you send cryptocurrency the balance amount has to display the difference by adjusting the amount of Zcash cryptocurrency transacted over the blockchain of that cryptocurrency. The concept of balance is not exclusive just to Zcash cryptocurrency but it also present in every one of the cryptocurrency wallet apps that Bitcoin, Monero, Ripple etc. The same vocabulary of balance credit and debit is also used in banking systems up on which the cryptocurrency system is based.


In actuality the cryptocurrency methodology tries to replicate the system of traditional banking channels by having a non-centralized mechanism and control free execution of the rules. Generally the usual banking system is a centralized banking system where the rules of governance of the finances of the banking is governed by the central bank of a particular Nation. But on the contrary in the field of crypto assets the blockchain is the constituent mechanism which itself is a decentralized logbook of all the nodes and the transactions happening over the network; therefore every one of the node is in synchronization with every one of the node present so that any kind of mischievousness or fiddling with the system is not possible in case of cryptocurrencies.


Using the same concept default applications of cryptocurrencies are developed which act as a front end for the underlying processes which run by the algorithm of the respective cryptocurrencies and in this case it is Zcash cryptocurrency which works over the Equihash mining algorithm.




    What Is Zcash Block Explorer? 
By the term Zcash block Explorer we mean of a graphical representation of the transmission of the Zcash cryptocurrency tokens over the different nodes which are present in the overall ecosystem off Zcash network. Hence, by  the effective and efficient use of the Zcash block explorer one can be very sure of his sent and received Zcash cryptocurrency on amount of whether it happened or not. For looking into the decentralized ledger of the transactions happening in to the network of any particular cryptocurrency be it Bitcoin, Ethereum, Zcash, Monero, Ripple etc. one has to employee a graphical representation which is free from the intricacies of the networking done over the network.


Zcash block explorer is that way which helps a person having less the technical knowledge to come up with a reasonable way with which he can understand and comprehend what is going inside the system. The blockchain Explorer also offers certain other features such as encryption of the transactions which are happening in the network so that one may be very sure of the privacy of the transaction if one wishes to. The Zcash cryptocurrency is often said to be the https version of the Bitcoin where Bitcoin is http. This anecdote speaks volumes about the privacy features which are present in the blockchain of Zcash cryptocurrency.


The mining algorithm of Zcash cryptocurrency is known as Equihash. This is a light algorithm unlike SHA 256 which can only be deployed on heavy resource laden hardware such as AntMiner application specific integrated circuits which are colloquially known as AntMiner ASICs;  thereby making it easy for people having lesser mining resources to also continue with the mining procedure of Zcash cryptocurrency.



   What is Zcash block?   
The average block time for the Zcash cryptocurrency is set at 150 seconds that is just two and half minutes. If we start slowly almost 12.5 Z cash cryptocurrency could be mined for every block. Zcash is a unique cryptocurrency which halves its Zcash cryptocurrency creation rate for every passing four years which amounts to almost 8,40,000 mined blocks. Therefore to put this stats in easy terms the Zcash cryptocurrency shall half from the mining of 12.5 Z cash to 6.25 Zcash and consecutively to 3.125 and so on. This size of the block for the Zcash cryptocurrency is 2 megabytes.


Zcash is that kind of cryptocurrency the stated aim of which is to hide your complete history of payments from the public scrutiny. It is the first-of-its-kind cryptocurrency which is permissionless and is able to completely hide your identity as well as the transactions privacy by deploying its zero knowledge type of cryptography. Z through its unique algorithm is able to encrypt the substance of your transactions which is fully shielded. Because of the reason that the information of the payment remains encrypted this protocol, it is able to use a new age cryptographical method to perform the verification of the validity of the transaction. zk-SNARK is the name of proof construction mechanism which is entirely developed by the team which is behind the advent of Zcash cryptocurrency based on the latest technological innovation in the field of cryptography.


By this zk-SNARK method the blockchain of Zcash cryptocurrency is able to hide the identity of the sender, receiver, as well as the amount in Zcash, transacted, therefore, no third party is able to achieve any know-how about the true identity of the parties involved. In other cryptocurrencies, public demonstration of the sender and transaction values is possible while the metadata related to transaction is the only thing which is encrypted but by using the methodology as proposed by the Zcash team in the form of zk-SNARK one is able to prove that no node in the blockchain is a stealing or cheating.



   What is Zcash wallet?   
Zcash wallet is an online data location where one can store his earned or purchased Zcash coin cryptocurrency. Like all other cryptocurrency wallets Zcash wallet works in a similar fashion by facilitating the operations of selling buying and receiving Zcash coin cryptocurrency. The online wallet for cryptocurrencies work as a similar way in a physical wallet. The only difference is that the location of the cryptocurrency lies on an online location at the data server of the cryptocurrency wallet service provider. There are many features with the cryptocurrency wallets such as sending and receiving cryptocurrencies instantly by using QR codes. There are also other features such transferring instantly by knowing the wallet address of another cryptocurrencies in the conversion rate provided by the cryptocurrency exchanges of the world.


The cryptocurrency wallet such as that Zcash cryptocurrency wallet displays the current prices of selling and buying of not only the Zcash cryptocurrency but other cryptocurrencies too. One can instantly calculate the amount of one cryptocurrency in other cryptocurrencies by using the features provided by the Zcash wallet service providers. Zcash cryptocurrency wallets are sometimes hosted over the app stores of mobile platforms such as the Google Play Store for Android and App Store for iOS.


There at those cryptocurrency wallets hosted over the app stores one may see the reviews of the users to be sure of which cryptocurrency wallet to choose and which not to choose and what are the different features which are offered by the different Zcash wallet service providers. It is due to the availability of such big numbers of cryptocurrency wallets that the cryptocurrency mania has reached search unprecedented heights during ongoing bash period. If we say that the cryptocurrency wallets have played a major role in popularizing the cryptocurrencies all over the world we would not be wrong.



   What is Zcash Mining?   
Zcash is basically an autonomous cryptocurrency using z-snarks for making sure that all data concerning user transactions are safely encrypted. It should also be verifiable by the miners to be certain that there are no double spends. This uses the Equihash as its algorithm. This depends upon very high RAM requirements. Not all have a computer and how everyone will have the patience and time to do Zcash mining independently. This is all the truer as there is no GUI or Graphic User Interface. To mine Zcash, you will require a wallet for storing the funds. You will find many GUI wallets around and you may compare these.


Secondly, besides the wallet, you require a mining pool for contributing the hash power to. You can also compare features of multiple mining pools to take your pick. With both pool and wallet ready, you can begin digging. The Zcash networks of computers will mine in order to identify blocks for validating the transactions and to make the network secure. In exchange for this work, the miner will get ZEC. So, instead of signing up with an exchange to buy Zcash directly, some people support the network by mining and using their own personal computers.


Offline sieemma

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Re: Crypto Wiki
« Reply #27 on: February 08, 2019, 11:03:40 AM »
Wow, this is so fantastic. Thanks to the creators of the simple wiki. I like how you arranged them alphabetically. I saw what I was looking for very fast.

Offline SpoKen

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Re: Crypto Wiki
« Reply #28 on: February 08, 2019, 07:02:32 PM »
This is great stuff out here but I think the source should be given credit by putting the link so it does not become intellectual theft. Thank you.

Offline sieemma

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Re: Crypto Wiki
« Reply #29 on: February 08, 2019, 08:29:14 PM »
This is great stuff out here but I think the source should be given credit by putting the link so it does not become intellectual theft. Thank you.

I agree with you. This will make the OP's work very complete.

 

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