Despite the recent South Korean initial coin offering (ICO) ban, Bithumb has gone ahead and added cryptocurrency Zcash (ZEC) to its exchange.
Despite the recent South Korean initial coin offering (ICO) ban, Bithumb has gone ahead and added cryptocurrency Zcash (ZEC) to its exchange.
Previously Zcash has been referred to as “Zerocash” or “Zerocoin” and was first launched in October 2016 by founder Zooko Wilcox. ZEC’s market cap is currently at $595,261,984 with a circulating supply of 2.31 million coins.
Though this cryptocurrency is inspired by Bitcoin, adds an element of privacy through zkSNARKS, the cryptographic tool underlying Zcash, that Bitcoin, an open financial software system, does not provide.
More: Bitcoin Should Be Terrified Cryptocurrency Zcash Added to South Korea Bithumb – TheStreet
