News list for "Privacy coin"

Zcash founder joins Shielded Labs and seeks to drive hybrid PoS upgrades

Zooko Wilcox, founder of privacy coin Zcash, is looking to accelerate the protocol's upgrade to a hybrid proof-of-stake system after joining Shielded Labs as a product lead. Shielded Labs is an independent Swiss-based organization dedicated to supporting Zcash. Wilcox recently said that after eight years of using PoW mining, Zcash needs to upgrade to a hybrid PoS system. He pointed out that PoW consensus and...

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2024-08-12 04:00:15