Zcash Has Launched: Here’s How to Get Some

Zcash (ZEC), the new digital currency lauded for its privacy features, is launching today amidst some massive hype. But until enough tokens become available on exchanges, Zcash enthusiasts are poised to acquire their ZEC first-hand by mining for it, either by setting up a home rig or by signing up for a cloud mining contract.
Created from a fork in the Bitcoin chain, Zcash promises all the best features and stability of Bitcoin with the added bonus of total payment confidentiality. Zcash transactions automatically hide the sender, recipient and value of all transactions on the blockchain. Only those with the correct view key can see the contents.
Another interesting aspect of Zcash is it uses a memory-hard proof-of-work known as Equihash. This means the best hardware for mining Zcash tokens is standard GPUs and RAM. The hope is this will lead to a more decentralized set of miners.

This post was published at Bitcoin Magazine on Oct 28, 2016.

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