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Tag: #zec · 5 posts
Posted Apr 13
🚀 Zcash Open Development Lab Unveils Strategic Direction Focused on Post-Quantum Security On April 13, Zcash Open Development Lab (ZODL) founder Josh Swihart announced the latest developments for Zcash, emphasizing a strategic direction centered on post-quantum security, scalability, and user experience. According to BlockBeats, Swihart likened the initiative to the Artemis II lunar mission, highlighting the pursuit of seemingly impossible goals through technological breakthroughs. The ZODL team revealed that Zcash is entering the 'Zcash IV' phase, aiming to build infrastructure akin to a 'lunar base' to support the protocol and applications' secure expansion to billions of users, while advancing the vision of privacy transactions without large-scale financial surveillance. On the product and technology front, ZODL continues to iterate, with its 3.3.x version now available on iOS and Android, featuring new hardware wallet connection management, SDK upgrades, and multiple user experience enhancements. Key developments include advancing Keystone wallet functionality and upgrading the address system (ZIP 316, UIVK/UFVK). Meanwhile, the Zcash core team has addressed several system issues and is progressing with the Zallet alpha version development, strengthening unified address standards and wallet interaction experience to lay the foundation for future scalability and performance improvements. Additionally, ZODL disclosed ongoing growth in application data and participation in a stablecoin privacy summit to enhance industry collaboration. However, due to increased regulatory and network restrictions, ZODL has temporarily removed its app from Russian app stores. The team emphasized that privacy is not optional but a fundamental need in the digital age, and they will continue to accelerate delivery pace to promote ZEC adoption and ecosystem development. The core of Zcash Open Development Lab is to develop an open, self-custodial private financial platform, aiming to expand ecosystem interoperability through collaboration and bring protected ZEC transactions to the global mainstream market. #Zcash#ZODL#PostQuantumSecurity#Cryptocurrency#Privacy#Blockchain#Scalability#UserExperience#KeystoneWallet#Zallet#Stablecoin#FinancialPrivacy#EcosystemDevelopment#DigitalPrivacy#OpenDevelopment#ZEC
Posted Apr 11
🚀 Zcash and Dash Surge Amid Bitcoin and Ethereum Gains Following U.S.-Iran Ceasefire Zcash and Dash have experienced significant price increases over the past week, with Zcash rising by 49% and Dash by nearly 53%, surpassing the gains of Bitcoin and Ethereum, which saw increases of 8% and 9% respectively. According to NS3.AI, the upward trend in Bitcoin and Ethereum followed the announcement by U.S. President Donald Trump of a ceasefire with Iran. CoinGecko data indicates that Zcash was trading at $371, Dash near $46, while Monero also saw a 7% increase during the same period. #Zcash#Dash#Bitcoin#Ethereum#Cryptocurrency#Ceasefire#USIran#PriceSurge#Monero#CryptoMarket#BTC#DASH#ZEC
Posted Apr 10
🚀 Zcash's Potential Surge: Traders Predict 60% Chance of Reaching $420 Zcash (ZEC) has experienced a significant rise, with traders on Myriad now predicting a 60% probability of the token reaching $420 this month. According to NS3.AI, Zcash saw an increase of over 62% in the past week, with its price recently hovering around $380. The odds on Myriad shifted dramatically from 80% against the move on Thursday to 60% in favor by Friday. #Zcash#ZEC#Cryptocurrency#CryptoTrading#PricePrediction#Myriad#NS3AI#CryptoSurge#Blockchain#DigitalAssets
Posted Apr 10
🚀 Monero and Zcash Expected to Launch on Mainnet Soon Monero (XMR) is anticipated to go live on the mainnet within one to two months, according to Foresight News. The chain client pull request has successfully passed simulation testing. To address privacy observation issues with XMR, THORChain plans to create a dedicated Asgard vault composed of all validator nodes. In parallel, Bittensor (TAO) is being developed alongside Monero, aiming for a simultaneous launch. Additionally, Zcash (ZEC) is expected to launch on the mainnet by the end of April. #Monero#XMR#Zcash#ZEC#Mainnet#Blockchain#Cryptocurrency#THORChain#Bittensor#PrivacyCoins#TAO
Posted Apr 10
🚀 ZEC Experiences Significant Price Surge Amid Whale Activity ZEC has seen a notable price increase since April 8, according to Hyperliquid data. The cryptocurrency accelerated from approximately $269, achieving a 43.1% rise over two days. As of today, the price peaked at $385 and is currently reported at $367.5, marking a 24-hour increase of 15.7%. According to BlockBeats On-chain Detection, during this surge, whales who shorted before April 8 have incurred significant losses. Among the whales opening new million-dollar positions today, most are following the upward trend, with only one address, 0x931, taking a contrary short position. This short position was opened with a 10x leverage, amounting to $3.44 million at an average price of $365.8, with a liquidation price of $411.5. Additionally, the address has set take-profit and stop-loss orders at $350 and $411, respectively. #ZEC#Cryptocurrency#PriceSurge#WhaleActivity#Blockchain#CryptoTrading#OnChainAnalysis#LeverageTrading