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Crypto & Bitcoin

Zcash is Officially 10 Years Old—Here’s Everything Notable From The Last Decade

Reported by Olivia Brooke, ZyCrypto

Image: ZyCrypto

Zcash , the privacy-focused digital currency often compared to Bitcoin , is celebrating its 10th anniversary this week. Launched on October 28, 2016, the network has kept advancing its technology even during long bear markets and stretches when its price trailed many other cryptocurrencies, according to a recent Grayscale research note. Grayscale said a key factor behind that consistency is the project’s built-in funding model for research and development. While Bitcoin miners receive the full block reward, Zcash miners get 80 percent of newly issued ZEC.

This is an excerpt. The reporting belongs to ZyCrypto.

Read the full report on zycrypto.com
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