1H
0.99%$0.0011
24H
3.41%$0.0038
7D
-2.64%$0.0032
30D
23.5%$0.0221
Zelcash is a cryptocurrency that holds a central role in the Zel Ecosystem. It gives the incentive for ZelNode ownership to enable the creation of ZelDex and the ZelDev Platform, enabling us to create a truly decentralized development platform. Zerocash(2014), which later became the Zcash project (2016), used zk-SNARKs (Zeroknowledge Succinct Non-interactive ARguments of Knowledge) to bring about truly anonymous peer-to-peer transactions. Building on Bitcoin, Zcash improved upon Zerocash with security fixes and adjustments, as well as improved functionality and performance. The same way Bitcoin became the first widely adopted electronic currency, Zcash became the first widely adopted anonymous electronic currency.
The guide provides details on Mdex, which is the optimal way to create cross-chain compatibility between leading chains to create a composite DEX ecosystem. Find out more about its benefits here.
The guide below discusses a supernet that combines networks or subnets into one network, creating a unified ecosystem that enables cross-communication and interoperability among multiple networks.