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Zcash [ZEC] enters into an alliance with StarkWare

Rajath Kumar

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Zcash enters into an alliance with StarkWare
Source: Creative Common Images

Zcash recently announced that it would be entering into a business alliance with StarkWare Industries. Zcash provides a decentralized and open source of cryptocurrency which shields the transactions, hides the identity of the sender, receiver on the blockchain.

StawkWare Industries is an industry which develops/ makes STARKs. STARKs is a cryptographic proof system which does not give out any toxins and is safe and secure. They help in building a better security system and make the blockchain more secure and private. The partnership aims to provide a better and secure platform for customers so that transactions can occur more smoothly.

Zcash is seen struggling for prominence recently. The company plans to uplift the prices of Zcash by inviting more customers to its platform.

Zcash aims to empower economic freedom and opportunity to all and hence, have established a decentralized, resilient, attack- and censorship-resistant cryptocurrencies with strong privacy say their recent blog.

One of the main figures of StarkWare says:

“We will be partnering with Zcash to improve scalability and privacy in our blockchains with the newly developed STARK technology, to provide cryptographic proofs that are zero-knowledge, succinct, transparent and post-quantum blockchain.”

Alec Hays, a Twitter user says:

“This is a good partnership for the future of Zcash, really excited for whats coming next.”

Neal Jayu, a Twitter user says:



“Superb move! The future is ever brighter for financial sovereignty and privacy.”

Mia says:

“Let’s go, Time to finally start investing in Zcash, in my opinion, this is one of the most undervalued cryptocurrency, just wait till its price rises.”

Meggan, a Reddit user says:

“Zcash has entered into a good alliance, the transactions will be more secure and smooth, it’s only a matter of time before Zcash breaks into the top 10.





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Rajath Kumar is an intern at AMBCrypto. He became aware of the crypto-world through gaming and has been a part of it for two years now. Rajath does not hold any value in any cryptocurrencies or its projects.

Bitcoin

John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more

Priya

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John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
Source: Unsplash

Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on Coinbase.com, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!



4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!





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