Zcash 1.1.1 to be Release

New update initially support for Sapling consensus rules 
31 May 2018   383

The development team of Zcash introduced a new version of the software (1.1.1), containing some elements of the upcoming network update called Sapling. This is reported in the company's blog.

Before the Sapling upgrade scheduled for September of this year, on June 25, at block 347500, the Zcash protocol, called Overwinter, will be upgraded. The latter includes version control, replaying transactions protection for future upgrades, and an overall improvement in the "health" of transparent transactions. A completely new function of Overwinter is the expiration of transactions.

Sapling will support the configuration of the Powers of Tau parameters, which should significantly reduce the likelihood of problems and risks when installing applications using zkSNARK technology. Also, new important functions will be introduced, including the ability to issue custom tokens based on the Zcash blockchain. Also, Sapling will reduce the transaction confirmation time from 37 to 7 seconds, and the required amount of memory - from 3 GB to 40 MB. The original version of the software is called Sprout.

Zcash 1.1.1 involves updating the primary consensus rules needed to prepare for the launch of the Sapling test network.

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   423

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