Zcash update released

Zcash announced the release of Zcash 1.0.13, introducing new features, memory proving, payment disclosure and experimental features
21 November 2017   804

Zcash team made an announcement on November 20 introducing Zcash 1.0.13 version, which has new features, performance improvements and bug fixes. The new version is stated to have low-memory prover which reduces memory usage by 43% from 3 GB to 1.7 GB when a transaction is generated.

An experimental feature, payment disclosure, is aimed at helping services manage shielded payments better, and also the full support for the z_shieldcoinbase RPC call was announced in order to help miners sweep up and shield coinbase rewards.

The main changes are these:

  • Auto-senescence cycle was reduced from 18 to 16 weeks. 
  • Low-memory prover reduces JoinSplit creation memory usage from 3 GB to 1.7GB. 
  • Payment disclosure was added as an experimental feature with new RPC calls z_getpaymentdisclosure and z_validatepaymentdisclosure. This feature enables a sender to prove that a payment was made to a recipient, which can help services better manage their shielded payments. 
  • z_shieldcoinbase is now a fully supported RPC call 
  • Libsnark was brought into the source repository tree. 
  • Potential shutdown errors were fixed.
  • User interface messages were cleaned up. 
  • The extended QA tests were migrated to Zcash. 
  • A workaround was implemented in the test wallet_protectcoinbase, which was previously failing on some platforms. 
  • Benchmarking was updated with new performance measurements and fixes. 

It is worth mentioning that one week ago Binance, one of the most popular exchanges in the world, announced adding support for Zcash.

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

  • Average price: $295.40
  • Marketcap: $788,190,390
  • 24h volume: $75,716,000

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   436

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