{"id":86321,"date":"2023-10-28T13:50:29","date_gmt":"2023-10-28T10:50:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86321"},"modified":"2025-09-13T04:49:46","modified_gmt":"2025-09-13T01:49:46","slug":"zcash-marks-seven-year-anniversary-of-its-mainnet-launch","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/zcash-marks-seven-year-anniversary-of-its-mainnet-launch\/","title":{"rendered":"Zcash marks seven-year anniversary of its mainnet launch"},"content":{"rendered":"

On 28 October 2023, the privacy-focused cryptocurrency Zcash (ZEC) community marked seven years since the launch of its mainnet.<\/p>\n

In 2016, it was accompanied by high volatility for the coin \u2014 at one point the price surged to 2,600 BTC per 1 ZEC or more than $1.8 million at the rate at the time.<\/p>\n

Today the asset is trading around $27, up 1.8% over the last 24 hours, according to CoinGecko<\/a>. In market-cap terms, Zcash sits at 149th place with a market capitalization of $220.3 million.<\/p>\n

\"Snimok-ekrana-2023-10-28-v-11.01.55\"
Hourly ZEC\/USDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

In 2020, Zcash’s founder and CEO of the Electric Coin Company (ECC) behind its development, Zooko Wilcox <\/a> said in an interview with ForkLog that the project had achieved significant successes during its existence. Among the achievements, he highlighted identifying and remedying a critical vulnerability in 2018, as well as the growth of the community.<\/p>\n

In 2021, ECC presented a roadmap<\/a> for Zcash through 2025. The team called the plan \u201caggressive, but achievable.\u201d It included three key products: the transition to the consensus algorithm Proof-of-Stake<\/a>, interoperability, and ECC’s official wallet.<\/p>\n

In 2022, former NSA<\/span> and CIA<\/span> of the United States Edward Snowden revealed<\/a> his involvement in the launch of Zcash.<\/p>\n

activated<\/a> Network Upgrade 5 on the mainnet. The first major network upgrade since November 2020 was the launch of the Orchard privacy-preserving payment protocol, which uses the Halo verification system.<\/p>\n","protected":false},"excerpt":{"rendered":"

On 28 October 2023, the privacy-focused cryptocurrency Zcash (ZEC) community marked seven years since the launch of its mainnet.<\/p>\n","protected":false},"author":1,"featured_media":86322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1256,202],"class_list":["post-86321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-privacy-and-personal-data","tag-zcash"],"aioseo_notices":[],"amp_enabled":true,"views":"41","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=86321"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86321\/revisions"}],"predecessor-version":[{"id":86323,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86321\/revisions\/86323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/86322"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=86321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=86321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=86321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}