Zcash turns 10 as privacy coin rides upgrades and ETF interest

Zcash has shipped ten network upgrades since launch and is the largest privacy-focused asset at about $21 billion in market value. Zcash marked 10 years since its mainnet launch on Tuesday, with Grayscale posting anniversary wishes for the privacy-focused protocol. The Zcash network went live on Oct. 28, 2016. Zcash has shipped ten network upgrades and is the largest privacy-preserving digital asset by market capitalization at about $21 billion, the Zcash ETF account said in the post Grayscale shared. It was the first widely used application of zk-SNARKs, the zero-knowledge proofs that let users shield transaction details. The 2022 NU5 upgrade introduced the Halo 2 proving system, removing the need for a trusted setup.

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