Altcoins Bitcoin

Popular s Include ZCash Support Owing Increasing Popularity

Gautham | November 6, 2016 | 7:00 pm
Bitcoin Alternative ZCash Offers Anonymity And Law Enforcement Surveillance Protection. newsbtc

Popular s Include ZCash Support Owing Increasing Popularity

Gautham | November 6, 2016 | 7:00 pm

ZCash (ZEC), the private and anonymous cryptocurrency built over Bitcoin code has been gaining a lot of traction lately. The cryptocurrency community’s interest in ZCash has forced many companies to integrate it into their products. The latest ones to do so in the past couple of weeks include Jaxx— the blockchain wallet platform and Shapeshift — the crypto to crypto exchange.

With the inclusion of support for ZEC, the total number of cryptocurrencies supported by Jaxx blockchain wallet now stands at nine including Bitcoin, Ethereum, DAO, DASH, Augur REP, Litecoin, Ethereum Classic, ZCash and Rootstock. On a mission to become a one point blockchain interface, Decentral is in the process of continuously adding new cryptocurrencies to the wallet application. Jaxx is available for everyone irrespective of the operating system or the device they own. The application is available for Android, Apple OSX/SierraOS, Chrome, Firefox, Linux and even iOS. However, the iOS version of Jaxx has limited support for cryptocurrencies due to Apple’s strict policies. Users can only access Bitcoin, Ethereum, DAO and Litecoin support features on their Apple iPhone apps.

Shapeshift, the leading online cryptocurrency exchange platform also announced the inclusion of ZCash support late last month. With the inclusion of ZCash, the total number of cryptocurrencies supported by the platform now stands at thirty-nine. Users can exchange any of the 38 listed cryptocurrencies for ZEC and vice versa.

In its blog, Shapeshift quotes the co-founder of ZCash — Zooko Wilcox explaining the cryptocurrency,

“Zcash is a new technology that lets you put encrypted data into a blockchain. Blockchains as they currently exist, don’t offer much (or any) control over the disclosure of the data that you put on the blockchain. Any data that you put in there is visible to all users of the blockchain. Zcash makes blockchains useful for a whole range of applications that the cleartext, fully transparent blockchains cannot be used for; including fintech, healthcare, retail (buying/selling goods or services), etc. “, the cryptocurrency mobile wallets developer recently enabled users to purchase ZEC with credit cards on its platform.

Ref: Shapeshift | Decentral | Image: NewsBTC
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