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Recent Payouts

User Reward Date
t1TmrN59PV9z63s4qmALA9XTXRLt9vBoVXm294 satoshi2021-09-26 02:02:33
t1UzWSK6y2fgCgsB1ufqjPmerp4f4BLUPP4294 satoshi2021-09-26 02:01:47
t1gPT7iGia18cSVZVcZ3NL3r8xKGrdhjfp7294 satoshi2021-09-26 02:01:45
t1XLYXKYb8V4DY4C3hQjxk4QP1oDnVuL6ed294 satoshi2021-09-26 02:01:20
t1g9Z4BcrLEtfc8rAcENqoQRyd9n4VC922b294 satoshi2021-09-26 02:01:03
1CFUUUqLSRoQrm1U6SLQjrN7bGz1AWhTRA294 satoshi2021-09-26 02:00:48
t1T27pFmCyTJgsu52CF3yxNa9y5xcwqWTKx294 satoshi2021-09-26 02:00:19
t1LRnyvtD3kaM8aH975P4CsNMSSBJ5e5n6B294 satoshi2021-09-26 02:00:09
t1JYMSBZSFGsPF3RNs8CdNx2c83ALN2RmzT294 satoshi2021-09-26 02:00:01
t1Y6DSrMoSLv3jx5yC9yoCk5RKqTKQTttAz294 satoshi2021-09-26 01:59:58

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.