Zcash Finds a Fix for Counterfeiting Vulnerability

In March last year, a counterfeiting vulnerability was discovered in the cryptography that could have jeopardized billions of dollars. Ariel Gabizon, an engineer for the Zerocoin Electric Coin Company, the company behind Zcash coin, identified an error in a seminal cryptography paper that served as a foundation for a host of virtual coins, including Zcash’s. The vulnerability […]

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A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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