カテゴリー: Zcash

Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor

Bitmain Releases Equihash Miner Three Times More Powerful Than Its PredecessorBitmain, the Beijing-headquartered cryptocurrency mining giant, has officially released the Antminer Z11 machine on Tuesday March 19. The new device is designed to mine coins that are based on the Equihash proof-of-work algorithm such as the privacy-focused altcoin zcash (ZEC). Also Read: In the Daily: Cryptopia Resumes Trading, US Crypto Lobbying Intensifies, Visa Crypto Job […]

The post Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor appeared first on Bitcoin News.

Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018

For many leading markets, February produced the largest monthly volume since the first quarter of last year, with 30-day BTC trade activity surpassing $200 billion, and ETH exceeding $100 billion. Also Read: Report: Quadriga’s 6 Cold Wallets Have Been Without Funds Since April 2018 BTC Volume Surpasses $200 Billion for February February saw the highest […]

The post Feb Volume Report: Leading Markets Post Strongest Month Since Q1 2018 appeared first on Bitcoin News.

Zcash Bug Demonstrates the Difficulty of Auditing Complex Cryptocurrencies

Zcash Bug Demonstrates the Difficulty of Auditing Complex CryptocurrenciesA recent counterfeiting bug in Zcash demonstrates that the added functionality of so-called second generation blockchains comes at a price. The vulnerability, which existed for years before being patched in October, could have been exploited to generate additional coins. As every major cryptocurrency since Bitcoin has demonstrated, added complexity corresponds with lower security. Also read: Australian […]

The post Zcash Bug Demonstrates the Difficulty of Auditing Complex Cryptocurrencies appeared first on Bitcoin News.

Bitcoin Had a Fairer Launch Than Any Altcoin

What constitutes a fair coin launch? It’s a question that has had some of the brightest minds and brashest projects in the space debating the best way to kickstart a cryptocurrency. Every crypto, Bitcoin included, has attracted criticism over a distribution schedule that favored early adopters. To date, no other coin has come close to […]

The post Bitcoin Had a Fairer Launch Than Any Altcoin appeared first on Bitcoin News.

January Markets Report: MKR, TRX and ZEC Among Top 10 by Volume

The first month of 2019 has seen a slight decline in 30-day trading volume across many leading markets. Bucking the trend, however, were ETH, LTC, MKR, TRX, and ZEC, all of which saw a significant spike in trade activity. Stablecoins have continued to see an increase in trade activity, with ckusd and the Gemini dollar […]

The post January Markets Report: MKR, TRX and ZEC Among Top 10 by Volume appeared first on Bitcoin News.

The Daily: Privacy Coin Strength Debated, Hardware Wallet Exploit Demonstrated

In Tuesday’s edition of The Daily, we detail the theoretical vulnerability found in the Coldcard crypto wallet, coming just one month after its manufacturer ridiculed the flaw found in other hardware wallets. Sticking with vulnerabilities, we also consider the risks of leaving your funds on an exchange in the wake of Liqui’s demise and examine […]

The post The Daily: Privacy Coin Strength Debated, Hardware Wallet Exploit Demonstrated appeared first on Bitcoin News.

South African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies

South African Officials Create Regulatory Working Group for CryptocurrenciesThe Minister of Finance of South Africa, Tito Mboweni, explained in a letter on Jan. 2 that the region’s government has created a regulatory working group dedicated to cryptocurrencies. According to Mboweni, the working group includes representatives from multiple South African agencies and aims to produce a comprehensive regulatory response to the growing digital asset […]

The post South African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies appeared first on Bitcoin News.

December Volume Report: Top Markets See Strongest Trade of H2 2018

December Volume Report: Top Markets See Strongest Trade of H2 2018The five most traded cryptocurrency markets saw an increase in volume during December, when compared with the previous month. Despite the spike in trading activity posted by the dominant markets, many crypto assets ranked below the top five saw a decline in month-over-month volume. Also Read: Report: Indian Government Updates Progress on Crypto Regulation USDT and […]

The post December Volume Report: Top Markets See Strongest Trade of H2 2018 appeared first on Bitcoin News.

PR: ZPool Launches ZCash Mining Pool

ZPool Launches ZCash Mining Pool2019.1.1, one of the world’s largest ZCash mines—ZPool officially opened up its ZCash mining pool, and started recruiting miners from all over the world free of service charges.

KIENG KESSARA, the founder of ZPool, noted that, ZPool was formerly known as Megabigpower Bitcoin mine, which was built in September 2017 in Idaho, the United States. It now only serves ZCash, a digital currency. ZCash is an encrypted currency that realized complete privacy protection by using the zero-knowledge proof (zk-SNARKS). For individuals, privacy is a rigid demand; enterprises, on the other hand, propose more demanding requirements for privacy protection in the block chain. Therefore, privacy protection is one of the most important and the most difficult directions of the technical pursuit related to block chain. In addition, through totaling 21 million, ZCash only had about 5.5 million circulating in the market—high rarity. With respect to investment, ZCash is the most valuable digital currency; moreover, compared with BTC and ETH, it boasts less difficult to compute power and higher return.

The post PR: ZPool Launches ZCash Mining Pool appeared first on Bitcoin News.

US Law Enforcement Wants Blockchain Surveillance Tools for Privacy Coins

US Law Enforcement Wants Blockchain Surveillance Tools for Privacy CoinsThe U.S. Department of Homeland Security (DHS) has published its 2019 fiscal year pre-solicitation document. Throughout the 27-page letter, the organization explains that it wants to dedicate resources toward creating blockchain forensic applications that can analyze privacy-centric digital asset movements. Prior efforts have addressed bitcoin analytics and now the agency wants surveillance tools for cryptocurrencies […]

The post US Law Enforcement Wants Blockchain Surveillance Tools for Privacy Coins appeared first on Bitcoin News.