What is Zcash (Zcash)?

ZCash is a Bitcoin fork with a different hashing algorithm and security protocols. ZCash started as Zerocash; it was later improved upon by the Electric Coin Company and rebranded ZCash. ZCash verifies ownership of coins and transactions more anonymously than Bitcoin, thus providing more security for users.

When was paper money invented?

Similarly, in China, paper money emerged as early as 806 AD, starting with contracts that could be split in two, with the creditor retaining one of the halves, which could then be circulated as an IOU, or transferable instrument.

What is a typical history of money?

A typical history of money might go like this: first we had barter, but this was inefficient, so we invented coins, then notes, and then credit. This chronology is widely taught, widely understood and has the undeniable ring of historical logic. But it is also completely wrong.

What is a cashless future?

A cashless future may seem daunting but it simply illustrates the continuing adaptability of humans The world’s first coins were made around 600 BC in the kingdom of Lydia from an alloy of silver and gold A cashless society doesn’t come without threat. While convenient for many, for the unbanked it’s a nightmare.