Many people are discussing ZEC now, but not everyone knows where this coin came from.
Zcash was launched on October 28, 2016. One of the project’s key initiators was Zooko Wilcox, a computer security and cryptography specialist.
But he didn’t create ZEC alone. A group of scientists and cryptographers worked on the project, and development was organized by the Electric Coin Company.
The main idea was interesting: to create a cryptocurrency with a limited supply, like Bitcoin, but with the ability to make fully confidential transactions.
There’s another intriguing fact: Edward Snowden, the well-known whistleblower who exposed secret surveillance programs, took part in Zcash’s launch. He participated in a special cryptographic ceremony, but he wasn’t the project’s founder.
ZEC is interesting not only because of its history, but also because of its focus on privacy. That’s why this project’s development is worth watching.
Do you think ZEC could become one of the leading coins in the privacy sector? 👇