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 ...
- 319
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 ...
- 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 ...
- 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
...
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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 ...
- 191
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 ...
- 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
- 146
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) ...
- 77.8k
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. ...
- 474
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.
- 7,428
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 ...
- 313
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 ...
- 2,550
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. ...
- 110k
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 - ...
- 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 ...
- 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 ...
- 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....
- 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 ...
- 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
- 11
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, ...
- 51.7k
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.
- 136
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 ...
- 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 ...
- 18.4k
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 ...
- 986
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 ...
- 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.
...
- 8,489
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 ...
- 379
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.
- 1,430
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 ...
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 ...
- 264
Only top scored, non community-wiki answers of a minimum length are eligible