Zcash Roadmap 2018 unveiled

Learn about what Zcash team is going to do in 2018
11 December 2017   1847

Zcash team has published a roadmap for upgrades, which is planned to be implemented in 2018. In particular, the approximate release date of the Sapling protocol is indicated, which will draw a line under the current implementation of the Sprout protocol, after which the project will move to a new stage of development.

In addition, the developers reported on another, previously unannounced update called Overwinter - its release is scheduled for June 2018. The main task of Overwinter will make further updates more secure for users, even if the network is in conflict with the management system.

Additional details will be provided in the nearest future.

As for the key update of the Sapling network, it is scheduled for September next year.

Sapling will activate the Sapling protocol update, bringing orders of magnitude improvements in both time and memory to shielded transactions, making mobile wallet support feasible. Additionally, Sapling will rely on the Powers of Tau open-participation parameter setup, largely mitigating concerns about the parameter setup risks for zkSNARK applications (including other applications outside of Zcash).
 

Zooko Wilcox and Nathan Wilcox

Zcash Team 

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.

One of the main tasks of zk-SNARK is to provide complete encryption of transactions in the block system and protect related metadata. In other words, zk-SNARK can also be called a kind of mechanism by which you can prove the possession of information without disclosing the fact itself and without any interaction between the parties. Earlier it was reported that the developers also plan to use the technology Ethereum.

Also it is said that in the near future in the network of Zcash can be implemented and other updates, including the finalization of the system of smart contracts and consensus mechanisms.

An open community of scientists and engineers world-wide is already at work exploring what other improvements are technologically possible for Zcash and other such open cryptocurrencies. Possibilities include scalability improvements to allow practically unlimited numbers of transactions, novel consensus algorithms such as Proof-of-Stake, and private and scalable smart contracts. 
 

Zooko Wilcox and Nathan Wilcox

Zcash Team 

It is also worth noting that Zcash network was launched on 28th of October, 2017. 

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   431

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