Zcash Electric Coin Company developed private virtual currency called Zcash that hides transactions, offering faster mining than Bitcoin

Briefing

April 19, 2017

Briefing	Private Virtual Currency – Zcash Electric Coin Company (ZEC) established new digital currency called Zcash that offers more private means to transact than bitcoin, hiding sender and recipient identity, as well as transacted amount Faster than Bitcoin – Provides faster way to mine coins than Bitcoin and offers more seamless transactions Limited Availability – Only 21 million Zcash are available for mining, with founders, investors, employees getting 10% total of available coins
Accelerator	Web3 Ecosystems, Tokens and Consensus Mechanisms
Market Disruption	New Payment Technologies
Sector	Information Technology
Organization	Zerocoin Electric Coin Co.
Source	Daniel, S., "New cryptocurrency guarantees privacy", THE WEEK, http://www.theweek.in/; AcceleratingBiz analysis
Original Publication Date	November 3, 2016

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