Zcash to Implement Sapling Hardfork

Zcash team says that Sapling is a rebirth of the coin
29 October 2018   1219

In the main Zcash network, the Sapling protocol was activated, which is necessary to perform secure transactions and increase blockchain performance.

The update is activated at block 419200. It, in particular, will reduce the time for processing transactions up to 90%, as well as significantly reduce the requirements for the amount of memory required to perform secure transactions. Sapling activation will also make it possible to use lightweight clients for secure transactions, and not just full nodes.

Immediately after activating Sapling, users of the zcashd client have access to addresses of a new type. Currently, funds cannot be transferred from protected old addresses to new ones without disclosing the amount of the transaction. This makes it possible to audit the monetary base of ZEC relating to protected addresses. The Zcash team is currently working on creating a tool to automate the movement of funds without compromising user privacy.

The Zcash blog also says that Sapling activation is essentially a “rebirth of cryptocurrency” because it takes the project a step closer to mass adoption as an open and confidential payment system.

Messari to Issue "Crypto Theses for 2020"

According to the report of the analytical startup, Binance and Twitter CEOs Zhao and Dorsey are the top "people to watch" next year
18 December 2019   609

The analytical startup Messari presented a rating of persons and trends that will predetermine the further development of the cryptocurrency market.

Binance Exchange CEO Changpen Zhao is on the first place among people. Researchers responded to the active development of the site and the huge influence of Zhao himself on the opinion of the crypto community.

Second place went to Twitter co-founder Jack Dorsey, who opened a cryptocurrency branch in his payment company Square and promoting the ideas of bitcoin to the masses.

Researchers awarded third place to lawyer Brian Klein, who is currently running the case of Ethereum developer Virgil Griffith, accused of violating US sanctions laws. According to them, in the next decade, the cryptocurrency industry will face many lawsuits.

In fourth place was the director of strategic development of CoinShares investment company Meltem Demirors, who used the term “shtcoin” at the Libra vs. USA congress.

Fifth place went to US Congressman Brad Sherman, who, according to Messari, poses a threat to cryptocurrencies, calling them a tool of terrorists and tax evaders.

Morgan Beller, co-founder of the Libra project from Facebook, took the sixth line of the rating.

MakerDAO Foundation CEO Rune Christensen, who influenced the DeFi ecosystem and managed to solve several critical problems in his own project, is in seventh place.

On the eighth line is Zcash founder Zooko Wilcox, who continues to contribute to maintaining confidentiality in the cryptocurrency market.

The ninth place is held by the founder of TRON, Justin Sun, thanks to the successful acquisition of BitTorrent, Poloniex and Steemit, as well as a scandalous dinner with Warren Buffett.

On the tenth, host of the popular Bitcoin podcast, Peter McCormack. Researchers noted his significant contribution to the popularization of cryptocurrencies and the educational content of his programs.