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Recent Payouts

User Reward Date
t1Tr5TQ2V8WR37pbHwEzVkJEo7y6HLABzhK236 satoshi2021-09-17 11:01:55
t1LtBaezkYajFjoXNtjYGQeD13PRxE5C6u3236 satoshi2021-09-17 11:01:00
DPa9kRoPNDgZE5SW8MpqU9EsHLykip554V236 satoshi2021-09-17 11:00:59
t1UaFiwQEPrKS4XqufXrhCfWdGz2ye3sNne236 satoshi2021-09-17 11:00:50
1CUBTBnZX7cXj8F8Yb6LfC5mBFDpRAxQm5236 satoshi2021-09-17 11:00:27
t1dFBxoKtmKNyhey6BPR8tZYudnoBE6PkQg236 satoshi2021-09-17 10:59:57
12gqox6H5ZS2Mwg2Jwik3bUyL7txWugvwm236 satoshi2021-09-17 10:59:39
t1h8VRdQpPmxQ2eB5cFrDJpXoNg5nRYLVqy236 satoshi2021-09-17 10:59:27
1MbSuiAP2x6GdUP3uWEfEGU6hXLQ7Gae5K236 satoshi2021-09-17 10:59:20
t1VvxqexsQNDykomvEA7LmTp6oQDvPBBcSJ236 satoshi2021-09-17 10:59:01

What is Zcash?

Zcash is a cryptocurrency aimed at using cryptography to provide enhanced privacy for its users compared to other cryptocurrencies such as Bitcoin. The Zerocoin protocol was improved and transformed into the Zerocash system, which was then developed into the Zcash cryptocurrency in 2016. Development of protocol improvements and the reference implementation is led by the Zerocoin Electric Coin Company, colloquially referred to as Zcash Company. The founder and CEO of Zcash Company is Zooko Wilcox-O'Hearn. Its founding team includes cryptographer Matthew D. Green from Johns Hopkins University. Roger Ver was one of Zcash Company's initial investors.

What is ZCash Faucet?

Zcash faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a zatoshi, which is a hundredth of a millionth ZEC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies. Rewards are dispensed at various predetermined intervals of time. Faucets usually give fractions of a zcash, but the amount will typically fluctuate according to the value of zcash.

Faucets are a great way to help introduce new people to zcash, or to your favourite altcoin. Many faucets provide information to newbies as well as offering them some free coins so that they can try before they buy, experimenting with a test transaction or two before putting real money on the line. Since this whole area is so new and a bit scary to some people, who perhaps don't quite trust it with their hard earned cash yet, this is a great way to promote digital currency and bring in new users.



WHAT IS BLOCKCHAIN?

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participants ledger.

The decentralised database managed by multiple participants is known as Distributed Ledger Technology (DLT). Blockchain is a type of DLT in which transactions are recorded with an immutable cryptographic signature called a hash. This means if one block in one chain was changed, it would be immediately apparent it had been tampered with. If hackers wanted to corrupt a blockchain system, they would have to change every block in the chain, across all of the distributed versions of the chain. Blockchains such as Bitcoin and Ethereum are constantly and continually growing as blocks are being added to the chain, which significantly adds to the security of the ledger.