$275 Million ZCash’s Fix of Deadly ‘Infinite Counterfeit’ Vulnerability Earns Praise from Edward Snowden

2019-2-7 11:15

According to a disclosure made Tuesday by the development team behind ZCash, the most highly capitalized privacy-focused cryptocurrency (with a market cap in excess of $270M at the time of publication), has secretly fixed a critical security flaw in ZCash’s design, which was discovered by ZCash cryptographer, Ariel Gabizon, about a year ago.

Last March while preparing a presentation for a cryptography finance conference the following day, Gabizon discovered a crucial flaw in the cryptographic functions underlying zk-SNARKS, an implementation of zero-knowledge proofs used by ZCash and other privacy coins to give users the option of greater privacy though true

The post $275 Million ZCash’s Fix of Deadly ‘Infinite Counterfeit’ Vulnerability Earns Praise from Edward Snowden appeared first on CCN

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zcash privacy discovered 275 flaw gabizon snowden

Источник: ccn.com

zcash privacy → Результатов: 95


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Zcash Is All Ears Over Coinbase Privacy Concerns

Cryptographic technology has advanced in 2018, bringing the crypto community closer to “privacy for everyone,” according to a recent presentation by Zcash founder Zooko Wilcox. Considering that the Zcash cryptographers “pioneered the use of zero-knowledge proofs,” with Zcash representing the first application for the technology two years ago, it’s fitting that ZEC has become synonymous with privacy.

2018-12-4 17:17


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Zcash vs Monero: Report Says ZEC ‘Much Stronger’ Than XMR

Zcash (ZEC) is a better privacy coin than Monero (XMR) and should be considered one of the most important projects in the crypto space, according to a new study. A report by the New York-based firm Digital Asset Research (DAR) argues Zcash’s use of encryption makes it a far more secure privacy coin than its […] The post Zcash vs Monero: Report Says ZEC ‘Much Stronger’ Than XMR appeared first on Crypto Briefing.

2018-9-20 18:32


Why is Zcash 2.0 Sapling Release Important for Private Crypto Transactions?

Privacy cryptocurrency Zcash (ZEC) announced the release of their 2. 0. 0 version on August 16th, introducing the first Sapling-compatible version of the Zcash node software.   The privacy currency also added several other notable features in the newest software update, including an important fix to the peer banning bug that came about following the previous Overwinter update.

2018-8-18 22:00


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Focusing In: Zcash Sets 2-Year Course for Superior Crypto Privacy

Dealing with topics such as increased privacy, security, usability and decentralization, the roadmap was published on the company’s official blog Tuesday. But as research builds toward scalability and transitioning the blockchain into privacy by default, zcash is reaching the stage where it can fully confront these issues. Privacy and usability Toward that end, several presentations

2018-6-27 20:12


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Privacy Coins Are ‘One of the Greatest Emerging Threats to U.S. National Security,’ States US Congressman

The U. S. Secret Service is taking a good look at privacy-focused cryptocurrencies like Monero and Zcash while urging Congress to “consider additional legislative or regulatory actions. ” Fear of Privacy Coins Last week, a top official from the federal law enforcement agency reportedly requested help from Congress in combating the use of privacy coins for illicit purposes.

2018-6-24 14:00


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Congress assistance sought by US Secret Service to stop illicit usage of privacy coins

Privacy The US Secret Service is worried about the illicit use of cryptocurrencies. Asking Congress for Help In his testimony, Novy asked “Congress for help in preventing cryptocurrencies like monero and zcash, which provide users with enhanced privacy and anonymity features, from being used for illicit purposes,” Forbes elaborated. According to Forbes, Greg Nevano, an

2018-6-24 21:28


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