Huobi Pro launches Zcash

Huobi Pro, one of the leading global digital asset exchanges, announced adding support for Zcash
06 December 2017   1579

On December 6, Huobi Pro, a digital asset exchange for cryptocurrency traders and investors made an announcement that it is going to list Zcash (ZEC), a permissionless cryptocurrency which aims at full-protection of the privacy of transactions using zero-knowledge cryptography.

Huobi pro announcement towards listing zcashHuobi Pro announcement towards listing Zcash

As it was stated in the announcement, the deposits and withdrawals would be available from 14:00, December 6, 2017, whether ZEC/BTC and ZEC/USDT trading will be available from 14:00, December 7, 2017.

At the moment of press, Zcash is being actively traded at such exchanges as:

  • Bithumb
  • HitBTC
  • Bitfinex
  • Bittrex
  • Poloniex
  • Binance

Zcash exchanges and markets December 2017Zcash Exchanges list

The news about Huobi Pro launching Zcash were followed by a price rise of a coin, which rose almost 8% within past 24 hours from the price of $321 on December 5 to $372 on December 6. Moreover, on December 6 at 6:34 UTC the market capitalisation of the Zcash exceeded $1 billion for the first time.

Zcash charts december 2017Zcash Charts

At the moment of press, these are main market parameters of Zcash:

  • Average price: $344.72
  • Marketcap: $956 657 413
  • 24h volume: $195 029 000

Previously, we reported that Huobi pro launched Ethereum Classic, Bitcoin Cash, OmiseGo and Monaco tokens, and also that Zcash was listed on Binance and Bithumb.

Tron and Zencash are Now accepted at Pornhub

The world’s largest adult entertainment websites Pornhub, now accepts cryptocurrency Tron as payment: this is significant for the newly independent Tron
27 June 2018   537

Tron was ran on the Ethereum blockchain in April 2017 but soon declared itself as a competitor to its progenitor. It then migrated to a Beta version of its own blockchain at the end of May. Tron`s value has been steadily falling since its migration.

TRON

TRON charts

Pornhub introduces major new marketplace for Tron. Working since 2007, the site issued its 2017 ‘year in review’ in January and the numbers are staggering. 81 million visits a day (or 28.5 billion a year), 25 billion searches performed (that’s 800 per second), 68 years worth of porn uploaded, and 3,732 petabytes of data transferred - “every 5 minutes Pornhub transmits more data than the entire contents of the New York Public library’s 50 million books.”

Decentralized payment systems have continued to grow in popularity, and cryptocurrency adoption is exploding across a broad economic spectrum. Today, cryptocurrencies are especially viable in the adult entertainment industry because they are privacy-centric and incorporate more anonymity tools than traditional tender.
Corey Price
Pornhub VP

Another digital currency now accepted by Pornhub is Zencash, that is a fork of Zcash. Like it Zcash, Zencash is an anonymity-focused coin. Both they are similar but Zencash has additional features such as encrypted messaging and secure nodes - a small number of blockchain nodes that protect the blockchain from attacks, motivated to do so with a reward system similar to proof-of-stake. It has a market cap of $67 million (Zcash is at $682 million).

Pornhub was acquired by MindGeek in 2010. MindGeek is a Canadian pornography group that has been aggressive in its acquisitions over the last decade, according to Forbes, and now owns 8 of the 10 largest pornography websites. Tron has been making huge steps since its migration. It purchased software firm BitTorrent at the beginning of June for an amount which stays undisclosed but is reckoned to be well over $100 million. Some found this puzzling because BitTorrent is a file sharing website that is completely open source.

Tron Price at the Moment of Press: $0,039690 
Market Cap: $2 609 542 551
Volume (24h): $109 684 000