Fueled by mistrust of central banks and uncertainty about the debt-laden future of the United States, the ongoing surge in prices for cryptocurrency will likely continue for now, market experts told Just the News.
October 28, 2016 marks the official launch of Zerocash (“Zcash,” “ZEC”), a new cryptocurrency that has received tremendous attention from the Bitcoin community. The technology is named for its zero-identity function of shielding transactions on its blockchain, or digital ledger. “Zerocash is a new protocol that provides a privacy-preserving version of Bitcoin (or a similar currency),” its developers explain. “[I]n Zerocash, users may pay one another directly, via payment transactions that reveal neither the origin, destination, or amount of the payment.”