ZEL Price Live Data

The Zelcash price today is $0.051242 USD with a 24 hour trading volume of $0.00 USD. Zelcash (ZEL) is down 0.00% in the last 24 hours.

On its surface, Zelcash is a mineable digital currency based on the technological foundations of the cryptocurrency Zcash (previously known as Zerocash), which is based on Bitcoin. Zelcash utilises zero-knowledge proofs first coined in a digital currency by Zcash and utilised by many other privacy coin projects. This fact provides a relatively large network of developers for different teams providing improvements to the protocol over time to strengthen the core functionality of blockchain technology and zero-knowledge protocol base.
 
Zelcash offers economic incentive for their decentralised node network, ZelNodes, to offer a truly scalable, decentralised blockchain development network. This incentive is created through a portion of block rewards and, eventually through different economic models such as transaction fees or operation tariffs for DApps, to support our vision for a powerful and decentralised node network to allow separate blockchains, apps, tokens, smart contracts, and much more.

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