Before the Electric Coin Co. and Zcash Foundation were formed, a group of pioneering scientists from leading academic institutions came together. Their idea was to create a digital currency with the world’s best privacy protections.
In 2013, Matthew Green, Ian Miers and Christina Garman from Johns Hopkins University came up with Zerocoin, a proposed privacy extension to Bitcoin. Indecisive community reception and a desire to move quickly prompted the team to recruit additional scientists to build a standalone protocol: Zcash. The Zerocoin Electric Coin Company (now Electric Coin Company) was formed in 2015 to help engineer and deliver the idea, and the Zcash Foundation was launched in 2017. The success of Zcash would not have been possible without the groundbreaking work of these seven founding scientists.
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The science behind Zcash
Zcash is built on cutting-edge cryptography. Zero-knowledge proofs ensure that transactions remain confidential without revealing information about the amount and the parties involved.