1. PixelPlaygroundHome
  2. Blockchain Briefs

What does zcash mean (What does zacc mean)?

• Blockchain Briefs • 157 views

What does zcash mean? According to bitcoinexchangeguide, Zcash introduced a new

What does zcash mean (What does zacc mean)?

What does zcash mean? According to bitcoinexchangeguide, Zcash introduced a new cryptocurrency called ZEC in its hard fork in June 2019. This means that any holder can use the token to pay transaction fees and engage in mining activities, although the numbers are not high (although some may argue that this is only a small portion). If someone wants ZEC to become a true stablecoin, they can use it as a medium of exchange or a means of storing their assets. However, at the same time, due to the lack of identifiable price differences and the complexity associated with other blockchains, most people do not like its name and meaning.

What does zacc mean?

In June 2020, Ethereum founder Vitalik Buterin tweeted about the privacy coin Zac. The article about “What is Zac exactly?” is very interesting and amusing. According to the information on the ZAcc official website, the project completed the first round of public financing with a valuation of $1 million; the second round raised a total of $2 million, with over 50 blockchain startups participating in this round of financing; the third round started ICO (Initial Coin Offering) in February this year, including the cryptocurrency exchange Coinbase, the cryptocurrency wallet WalletConnect, and the Bitcoin ATM company MicroStrategy.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/23531/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 08/13/2023 00:09
Next 08/13/2023 00:32

Recommended articles