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Imagine Kaspa and Zcash mixed together

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by COINS NEWS 30 Views

Privacy transactions finally got warp speed with the creation of Zkas.

ZKas is a from-genesis cryptocurrency that combines Kaspa's GHOSTDAG BlockDAG — fast, parallel, proof-of-work block production — with Zcash's Orchard shielded protocol, so that every amount, sender, and recipient is hidden by construction. There is no transparent transfer type; the only public value event is the block subsidy, whose amount must be public to be checked against the emission schedule. Its premise is that privacy and scalability are compatible: a shielded ledger settles in about a second when its state transition runs along the order the consensus engine already produces.

Zkas is less than a month old so if you currently want it you have to mine it until the devs decide it’s time to list it on an exchange. When you mine ZKas it also merge mines with Kaspa so it supports their network too.

submitted by /u/TacoBond
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