ZenCash network was hit with 51 percent attack yesterday, on June 2nd 2018 at 0243H UTC. The ZenCash team did mitigation steps to increase the difficulty of future attack on its network and safeguarded its network. However, around 6600 ZEN and 13000 ZEN for double spends were done and attacker was able to reorganize more than 30 blocks. This means the attacker knew what he was doing.
Mobi wallet is a wallet for your smartphone to store various cryptocurrencies and today, it has announced that it will be adding support for Bitcoin Gold (BTG), Zcash (ZEC) and Dash (DSH). This is a great news for Bitcoin Gold and Zcash because none of them have either android or iOS applications and Mobi wallet app is available on both.
Zcash 1.1.1 is overwinter compatible version of Zcash node software that has initial support for upcoming Sapling consensus that is slated to be activated in September 2018. It will also activate Sapling testnet at the block 252500. The Overwinter network update will be happening on 25th of June 2018 when the block 347500 will be mined.
Coincheck, a Japanese cryptocurrency exchange has announced that it will be delisting all pairs of privacy coins being traded on the exchange. This includes Monero, Zcash and Dash. Coincheck was bought by Monex, a brokerage firm that got infamous for the NEM hack where more than 530 million dollars worth of NEM were stolen. Coincheck has announced that it will no longer be supporting the aforementioned privacy cryptocurrencies.
Bitmate Author Donations is a plugin for WordPress websites and its developer has added support for Zcash cryptocurrency in latest v2 version of the software. Zcash is one of the most popular privacy oriented cryptocurrencies and that lets you send or receive money without revealing anything. One really amazing thing about this plugin is fact it can run without Javascript on the front end and even on self hosted QR code generation. This means there is no reliance on the front-end services. Bitmate Author Donations also has support for other cryptocurrencies.
ZenCash team has officially released v1 of the Arizen wallet. This is a light wallet that makes use of the remote node which means you can start using it right away – no need to download entire blockchain. Compatible with Windows, Linux and Mac operating systems, this wallet allows you to create and manage multiple ZEN address. Anything and everything stored by the ZenCash Arizen wallet is encrypted and stored only on your local storage.
This is the best time to invest in ZenCash thanks to folks at Palm Beach Confidential who selected this very coin for their paid readers. A screenshot has been leaked by this reddit post which is suggesting them to hold on their investment in ZenCash. It adds that they were able to spike the price all the way to $28 on the first day itself and also bought the price down to $16 to re-buy it at cheaper price. Palm Beach Confidential assures its readers that ZenCash will be a big winner for them – just like Monero which has grown 4x times already.
Zcash (Zerocoin Electric Coin Company) and JP Morgain announced that they have started the integration of ZSL (zero knowledge security layer) technology on Quorum blockchain which is a JP Morgan’s Enterprise. This latest development will ensure confidentiality while supporting regulatory disclosure that is one of the key requirements in the field of financial industry applications. Earlier this year, JP Morgan and Zcash announced technology partnership to combine talents in developing distributed ledger financial technology. Microsoft is also gave its support to this very effort. All three companies, Zcash, JP Morgan and Microsoft are members of Ethereum Enterprise Alliance.
The new Zcash Sapling update is here and it is being touted as the next major protocol upgrade. It will bring a slew of improvements to the performance, security and usability of Zcash’s shielded transactions. In this update, BLS12-381 curve is being implemented which will be an upgrade to the Zcash’s elliptic curve. This curve targets 128-bit security using more conservative recommendations suggested by several recent papers.
Crypto mining is now no longer profitable. Back when the price of Zcash and Ethereum price increased, a lot of people went on a shopping spree to hoard as many Nvidia and Zcash graphics cards as they could. This all started back in month of June and the demand went through the roof – so much that there was an acute GPU shortage worldwide.
