What is Zelcash?

"Zelcash is the coin and system of transacting value inside of the Zeldev Platform, running on our Equihash blockchain. Zelcash is minable making distribution fair. A Proof of Stake element will be added in the form of Zelnodes to bring around the capabilities and network stability needed for the ZelDev Decentralized Development Platform to be released. Zelcash is and will always be a staple in all projects undertaken by the Zel Foundation.

Zelcash is the enabler in the Zel Foundations project to bring a truly decentralized, open source and free development platform into reality, Zeldev. Zelcash will not only allow value to be transacted but will also be an incentive for users to host Zelnodes (masternodes) that secure the network and allow for the main Ethereum like blockchain to operate completely on POS. This Ethereum like blockchain is the backbone to the ZelDev Platform."

-ZEL.Cash
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General

TICKER SYMBOLS
ZEL
AGE
last year (January 31, 2018)
CURRENT PRICE
$0.090108
Updated 10 seconds ago via zel.cash
CHEDDUR ALL TIME HIGH
$0.259574
2 months ago

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (210,000,000 coins)
PRE-MINED / RESERVED
Yes (13,020,000 coins)
CONSENSUS MECHANISM
Proof of Work & Proof of Stake (Hybrid)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
2m
CURRENT BLOCK REWARD
150 coins
HASHING ALGORITHM
Equihash