Zcash (ZEC) to improve on security with new partnership

  • Zcash foundation announced a partnership with blockchain technology company Parity Technologies.
  • The companies will work on a new software client to improve on areas of security and enhance performance in other ways.

 

The Zcash Foundation recently announced a new partnership with Parity Technologies. They are keen to release a new, open source software client for the cryptocurrency Zcash (ZEC), as reported via the company’s press release.

In terms of the purpose, Zebra, which is the new software client, it will be providing redundancy in the event of its first client, Zcashd failing. Zcash want it to provide better security for its crypto network as a whole.

Furthermore, the client is designed to enhance Zcash performance in additional ways, such as being able to “detect implementation-specific bugs” and avert problems related to its consensus mechanism.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.