<aside> 💡 The Zcash Mission
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Key Terms & Definitions related to Zcash
Actions: | Instead of creating several individual proofs for each Spend and Output, Orchard protocol merges them into a single ‘Actions’. |
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Addresses: | Zcash has Shielded (Z/zaddr) & Transparent (T/taddr) addresses. Unified addresses (UA) are phasing in to replace Z & T following the NU5 upgrade. |
Arborist Call: | A Bi-Monthly call around Protocol & Research development updates. Register here: https://us06web.zoom.us/webinar/register/WN_Vk7WMz9sRkiIr_hqH_x3LA / https://us06web.zoom.us/webinar/register/WN_z0k1ipsnRkS4-DGqDhULdA/ https://github.com/ZcashCommunityGrants/arboretum-notes |
Auto-shielding: | Enables users (more specifically their wallets) to automatically move funds from a transparent address to the latest shielded ZEC pool. |
Benchmarking: | Miners are able to submit metrics on the efficiency of various hardware used to mine Zcash. Available to view https://zcashbenchmarks.info/ |
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Block: | A Block is a record in the Zcash blockchain that contains a set of transactions sent on the network. Roughly every 75 seconds, on average, a new block is appended to the blockchain. |
Block Explorer: | An online tool to view all transactions, past and current, on the blockchain. They provide useful information such as network hashrate and transaction growth. https://zcashblockexplorer.com/ |
Blogs: | https://electriccoin.co/blog/ / https://zfnd.org/blog/ / https://www.zcashcommunity.com/blog/ |
Blossom: | The 3rd Major Network Upgrade for Zcash. https://zcash.readthedocs.io/en/latest/rtd_pages/nu_dev_guide.html?highlight=orchard#blossom |
Canopy: | The 5th Major Network Upgrade for Zcash. https://zcash.readthedocs.io/en/latest/rtd_pages/nu_dev_guide.html?highlight=orchard#canopy |
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Commitment Scheme: | Allows a committer to commit to a polynomial with a short string that can be used by a verifier to confirm claimed evaluations of the committed polynomial. Useful for reducing communication costs in the Zcash protocol. |
Community: | https://forum.zcashcommunity.com/ / https://discord.com/channels/669694001464737815/669694001921654794 / https://discord.com/invite/6AK7keWFaK / https://old.reddit.com/r/zcash/ / https://t.me/Zcash_Community |
Cypherpunk Zero: | A Creative Universe & collaborative effort between ECC, illustrator Stranger Wolf, Mighty Jaxx and select ecosystem partners. Consisting of a forthcoming series of webcomics, NFTs and physical collectibles, the project explores the relationship between privacy, self-sovereignty and creative freedom. https://halo.electriccoin.co/?utm_source=ECC&utm_medium=Website&utm_campaign=None / https://opensea.io/collection/cypherpunk-zero |
DeFi: | Projects integrating ZEC with DeFi: https://bridge.renproject.io/mint / https://bridge.zerodao.com/#/transfer/ETH |
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Deshielding: | Refers to a transaction being sent from a zaddr(shielded address) to a taddr(transparent address). The origin of the transaction is not visible however the funds enter a publicly visible value pool. https://electriccoin.co/blog/anatomy-of-zcash/ |
Developer Resources: | https://www.zcashcommunity.com/developers/ |
Documentation: | https://zcash.readthedocs.io/en/latest/ |
ECC: | The Electric Coin Company, the team behind the Zcash protocol, previously known as the Zcash Company. |
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ECDSA: | Elliptic Curve Digital Signature Algorithm is a cryptographically secure digital signature scheme. The ECDSA sign/verify algorithm relies on elliptic curve point multiplication. |
Education: | Learning oriented videos explaining Zcash https://www.zcashcommunity.com/zcash-education/ |
Encrypted Memos: | An additional field for transactions sent to shielded addresses that is visible to the recipient of a payment. The encrypted memo is visible only the to the sender and recipient, unless the viewing key or payment disclosure gets shared with a third party. |
Equihash: | The memory-oriented proof-of-work mining algorithm that is used on Zcash. |
Events: | The Calendar of Zcash related Events https://electriccoin.co/events/ |
Exchanges: | https://z.cash/exchanges/ |
Fiat-Shamir: | A technique for taking an interactive proof of knowledge and creating a digital signature based on it. This way, some fact (eg, knowledge of a secret) can be publicly proven without revealing underlying information. |
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Founders Reward: | The Founder reward represents 20% of the total block reward and it’s deducted from every block’s value and transparently distributed to drive protocol development & growth. |
Free2z: | A tool for anonymous content and private donations powered by Zcash https://free2z.com/ |
FROST: | Flexible Round-Optimized Schnorr Threshold signature scheme. FROST is designed to reduce the interaction between participants who jointly own a private signing key and wish to use this private key to sign a message (in the case of Zcash, FROST will be used to sign transactions from joint owners of a signing key). https://eprint.iacr.org/2020/852 |