The Unsolved Mystery of How to Fund Public Protocols
Gitcoin, BCash and Zcash all try different paths to fund public protocol development, plus the latest in CBDCs from Japan and Cambodia and Andrew Yang on crypto.
Zcash is a blockchain based cryptocurrency focused on privacy. Zcash also has the ability for participants to release certain transaction data so that the cryptocurrency can be used legally and so transactions can be audited if so desired. There are four types of transactions due to there being two types of addresses – private addresses (Z-addresses) and public addresses (T-addresses). There can therefore be entirely private or entirely public transactions or a combination where either sender or receiver details are private. It was launched on October 28, 2016 by the private Zcash Company led by Zooko Wilcox. It is also supported by the non-profit Zcash Foundation launched in March of 2017.Blockchain 101
Traditional markets continue to struggle during the coronavirus crisis while cryptocurrencies are seeing an upswing.
We asked the Zcash Foundation's Josh Cincinnati about finding sustainable ways to fund the development of zcash, a privacy-preserving cryptocurrency some view as a public good.
American and European equity markets extended their gains on Thursday while major cryptocurrencies made only slight moves on the day.
The exchange has now added the privacy-enhancing cryptocurrency zcash and its own USDC stablecoin in New York state.
The zcash community has agreed to continue funding the development of its privacy coin after a months-long – and often contentious – campaign to address imminent funding losses.