The latest Update Did With Zcash Zcash version 1.1.1

in cash •  6 years ago 

image


** Zcash version 1.1.1, Zcash has declared it the most significant of the announcements that have been made in the last few weeks, it's mentioned in their weekly update. Starting on May 21 this year, announced investment in Zcash Agoric, to offer the programming object layers, open standards-based capabilities in accordance with standard JavaScript **

Developmental Impact Zcash

** This allows about 20 million of the world's JavaScript developers to create applications that are highly decentralized, secure, and powerful (decentralized application – Dapps) against a number of blockchain. CEO Zcash – Zooko Wilcox said: the founding members are pioneers of some of the basic science distributed systems and programming safety. **

**He also said that some of them are a mentor and his personal friends who have become the greatest influence in scientific careers. He made this announcement after the investment is made at StarkWave Industries on May 10, 2018. **

What Are Zcash Reliable Transaction

** Announcement agorik accompanied by multi-party computation protocols older trees (MPC). Transaction Zcash relies on (zk-SNARKs). which is zero knowledge, quick little proof to verify, from a random statement. On the other hand, zk-SNARKs relies on a set of parameters that can be used to publicly establish and verify evidence for specific circuits and calculations. **

Latest Zcash Version 1.1.1

** On 30 may, the arrival of Zcash 1.1.1 has been announced. This version is the software node Zcash Overwinter-compatible version. The first release is expected to be mined on June 25. Significant changes include the privacy Argument (Zcash-CLI) and this will be used for sensitive data such as private keys. **

** New Update also comes with a new feature known as (Transaction Inquiry) announced on May 31. This feature allows each transaction in mempool expire automatically after a certain number of blocks, effectively removing the transactions may be confirmed or mined. **

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @ady123! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

Click here to view your Board

Do not miss the last post from @steemitboard:

Carnival Challenge - Collect badge and win 5 STEEM
Vote for @Steemitboard as a witness and get one more award and increased upvotes!

Congratulations @ady123! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

Use your witness votes and get the Community Badge
Vote for @Steemitboard as a witness to get one more award and increased upvotes!