Huobi Pro launches Zcash

Huobi Pro, one of the leading global digital asset exchanges, announced adding support for Zcash
06 December 2017   947

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.

ZCash Overwinter upgrade is released

First network upgrade should not be regarded as a fork
03 March 2018   266

Yesterday, on March 2 developer team of ZCash announced the release of the network first upgrade - they called it ZCash Overwinter. Starting from version 1.1.0 of zcashd, it will feature the update with the version release expected April 2018. As for the upgraded the main chain, its launch is scheduled for a fixed date of June 25, 2018, according to the roadmap of the platform.

The update will introduce transaction expiry, version control, replay transaction protection for network upgrades and, in a broader scale - improvements on transaction transparency. As for the regular users of ZCash, all they need to do for the time being is to keep the client updated.

There is no need to do anything else besides keep your Zcash software up to date. This network update is not expected to result in a fork of the blockchain or the creation of a new currency.


Excerpt from the ZCash Overwinter blog post

The overall idea of the update is to be able to execute the first upgrade of the core protocol of ZCash - Sapling.

The purpose of Overwinter is to strengthen the protocol for future network upgrades, paving the way for the Zcash Sapling network upgrade later this year.


Excerpt from the ZCash Overwinter blog post

ZCash is significant for its bleeding-edge cryptographic algorithm zk-SNARKs, and according to CoinMarketCap the platform is 24th among the top 100 cryptocurrencies.