Ethereum’s Ropsten testnet verifies zkSNARKs

Ethereum’s Ropsten testnet has verified the zkSNARKs proof underlying a Zcash transaction
21 September 2017   1437

On September 19th, Dr. Christian Reitwiessner announced that Ethereum’s Ropsten testnet has verified “the zkSNARK part” of a Zcash gtransaction. 

the transaction on etherscan.ioThe transaction on

The man claims that he has “no idea” of the transaction’s participants or value, but the Ethereum network has confirmed the transaction.

What is verified here is the zkSNARK part of some real transaction on the real Zcash network. I pulled the data out of the chain sometime around January, I think.

Dr. Christian Reitwiessner
Ethereum team

It's also significant that yesterday, the Byzantium hard fork went live on Ethereum’s Ropsten testnet at block 1,700,000. 

 Ethereum charts on coinmarketcap.comEthereum charts on

Meanwhile, at the time of writing, the price of the cryptocurrency is about $283, its market capitalization is $26,822,101,714.

Bittrex to List LOOM

LOOM is the token of the American startup Loom Network, which launches decentralized applications
18 July 2018   113

Popular cryptocurrency exchange Bittrex listed Loom Network token LOOM. 

As the team of the exchange said, trading with the crypto currency will begin in the near future. On the background of this news, LOOM showed a price jump fo 14%.

LOOM Price Chart
LOOM Price Chart

LOOM is the token of the American startup Loom Network, which is launching decentralized applications.

In January, Bittrex tightened the criteria for listing new tokens. Now, developers need to provide technical information about the token itself, as well as the data of at least one team member. At the moment, the exchange has 290 digital coins.