15 votes
Accepted

What's the difference between `z-addr` and `t-addr` type addresses?

This is now explained in the current Beta Guide: Zcash has two kinds of address: a z-addr is a fully private address that uses the zero-knowledge proving system to shield a transaction and ...
AtomHeartFather's user avatar
8 votes

What's the difference between `z-addr` and `t-addr` type addresses?

In addition to what is said above, the creators of zcash wanted an anonymous payment system. Bitcoin addresses are visible publicly in the blockchain. Zcash wanted to give the users the option of ...
tbolt's user avatar
  • 264
6 votes

In Zcash, what statements do zkSNARKs prove?

My understanding is that the verifier is anyone that maintains the blockchain. All nodes that fully-validate transactions will be acting as zk-SNARK verifiers. In particular, is the transaction ...
str4d's user avatar
  • 320
4 votes

How to generate a zcash vanity address?

To simply generate a new main network address, you can use the official zcash-cli like that: $ zcash-cli getnewaddress t1fMAAnYrpwt1HQ8ZqxeFqVSSi6PQjwTLUm Or: $ zcash-cli z_getnewaddress ...
q9f's user avatar
  • 1,445
4 votes
Accepted

What if Zcash Company turns evil?

Zcash the currency requires the generation of parameters that must then be securely destroyed. If this data is not securely destroyed by Zcash the company they could undermine the currency, by being ...
nothingmuch's user avatar
4 votes

Zcash t-addr + z-addr transactions

tl;dr You should use rounded values of ZEC when unshielding, and even then you will have less privacy than if you only use z-addrs. We address this exact question in this blog post (images from which ...
str4d's user avatar
  • 320
3 votes
Accepted

zcash - current block reward

Easiest way would be to look at the latest block and see how much is the reward e.g. block 5846 has reward of 3.65385 ZEC Or you can drectly see current reward here https://explorer.zcha.in/statistics
Anurag Uniyal's user avatar
3 votes
Accepted

How can a X-coin market cap go down while its value goes up?

As Nate Eldredge pointed out, the chart you're looking at is denominated in BTC, while the market cap is denominated in USD. If you look at the chart below, you'll see that the price in USD (green) ...
Murch's user avatar
  • 75.3k
3 votes

Difference between Monero, Dash and Zcash

Monero - A cryptocurrency that uses ring signatures, a type of cryptography that enables untraceable transactions. It is extremely unlikely that a transaction can be traced to a particular user. ...
user2716556's user avatar
3 votes

Can i use the same hardware mining for bitcoin and Zcash?

ZCash uses Equihash algorithm for proof of work rather than SHA256, so if it uses ASICs, the hardware would definitely not be compatible.
JBaczuk's user avatar
  • 7,388
2 votes

In Zcash, what statements do zkSNARKs prove?

The most high level view is that it proves somewhere exists some set of UTXOs and the sum of their values is equal or larger than sum of this transaction outputs. The exact shielded value is encrypted ...
jakob's user avatar
  • 303
2 votes
Accepted

Zcash z-addr in bitcoin

The developers of Zcash did try to implement their solution using the Bitcoin blockchain but it required several changes to Bitcoin core that where both difficult and more importantly difficult to ...
karask's user avatar
  • 2,540
2 votes
Accepted

Can private keys be securely stored on blockchain?

There is no encryption involved anywhere in a blockchain. There are no keys to encrypt with, as every node has the same information as all others. Cryptography is involved, but for signing/proving. ...
Pieter Wuille's user avatar
2 votes

How is Zclassic's pszTimeStamp generated, and what does it mean?

The derivation is given in the Zclassic codebase: from pyblake2 import blake2s 'Zclassic' + blake2s(b'No taxation without representation. BTC #437541 - ...
str4d's user avatar
  • 320
1 vote

Zcash wallet generation

Zcash transparent addresses can be generated in the usual BIP 44 way. There is a Zcash coin_type defined in SLIP 44, which can be used with any standard Bitcoin library. The resulting transparent ...
str4d's user avatar
  • 320
1 vote
Accepted

Is equihash/scrypt suitable for pooled mining?

I should have read the Equihash paper. Basically the PoW is still one big loop going over a 160-bit nonce, but in the body there is the solving of the generalized birthday problem using Wagner's ...
fiction's user avatar
  • 518
1 vote

Different coin pools in zcash

Zcash is based on a base currency. As far as I know it is bitcoin, right? Zcash is not based on a base currency; it is an independent block chain. The code was built on a fork of Bitcoin Core 0.11....
str4d's user avatar
  • 320
1 vote
Accepted

Zcash - where are treestates stored?

You are correct that the Sprout commitment tree root / anchor is not stored in the block header. It is calculated by each node when a block arrives, and is stored in the block index. The Sapling ...
str4d's user avatar
  • 320
1 vote

Zcash configure in ubuntu

I know it is a bit old but anyway, use this repo to build it for you: https://github.com/radix42/zcash-block-explorer
Lou Cifer's user avatar
1 vote

How does an anonymous cryptocurrency encode coin values

Suppose Alice has an output with 1 unit of value we'll call AO1 (Alice output 1). And suppose Bob has an output with 2 units of value we'll call BO1 (Bob output 1). Alice sends AO1 to Charlie, ...
David Schwartz's user avatar
1 vote
Accepted

How can I get address wise UTXO balance for Zcash t-address

You can get UTXO balance for Zcash t-address using https://chain.so/api/ api https://chain.so/api/v2/get_tx_unspent/ZECTEST/t2BqpZq16caHXC92LDTWg2pc8RQdmRFw5dF in testnet.
user2773184's user avatar
1 vote
Accepted

why should I backup zcash wallet regularly

Zcash was built on a fork the Bitcoin Core 0.11.2 codebase, which generated (transparent) keys randomly. The Sprout shielded keys were similarly generated randomly. Thus, it is necessary to back up ...
str4d's user avatar
  • 320
1 vote

why should I backup zcash wallet regularly

The BIP32 specification allows a user to derive many keys from a master extended private key, and this master key is derived from a seed (often, a mnemonic phrase). This allows the user to just back ...
chytrik's user avatar
  • 18.3k
1 vote
Accepted

Keep or Transfer Coins after mining reward?

Is there a reason why people immediately transfer their coins to a different wallet? If someone will hacking that mining pool, his able to steal all users coins. Move money to the cold-storage is a ...
Roman Kiselenko's user avatar
1 vote

What information is available from the blockchains of privacy currencies?

Unlike many users might think, Bitcoin blockchain is completely transparent linking all your transaction history and those who you are transacting with. Everyone who has ever transacted with you or ...
janowitz's user avatar
  • 206
1 vote
Accepted

Mining Difference with Multiple Rigs between Bitcoin and Zcash

There is no difference between bitcoin and zcash here, mining with multiple machines work the same way. If you have 2 machines they can mine in the same mining pool or separate pools. You choose. ...
Dr.Haribo's user avatar
  • 8,439
1 vote
Accepted

As of 2017-09, Has there been talks or test implementations of making Litecoin anonymous / untracable like Monero or Zcash?

Increasing fungibilty is a goal, there have been several proposals of differing seriousness and support. But this is generally seen as a goal for the project. That being said, BTC/LTC simply cannot ...
Luke Mlsna's user avatar
1 vote

Which wallet can I use to store all my cryptocurrencies ?

Jaxx is a multi-currency wallet. Hardware wallets like Trezor and Ledger support multiple currencies as well.
Sergei Tikhomirov's user avatar
1 vote

Can private keys be securely stored on blockchain?

Someone proposed something similar, posting encrypted files on IPFS network (public like say the Ethereum blockchain) and then sending keys to the participants to decrypt. The founder Juan Bennet ...
Michael Smolenski's user avatar
1 vote

Is it possible to create private multi-signature transactions?

Currently Private multisignature transactions are not supported. However, multisignature transactions are possible without the privacy. It is possible to do a private Zcash spend to yourself, then do ...
tbolt's user avatar
  • 264

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