The Zcash Foundation, the house behind privacy-centric cryptocurrency Zcash (ZEC), has donated $40,000 to a Canadian individual messaging developer. The Open Privacy Research Lodge, a non-turn a profit group working on Cwtch, a decentralized metadata-resistant messenger, has received 1,044 ZEC from Zcash, the organization appear on December. three.

As described past Open Privacy, Cwtch is a platform for edifice decentralized infrastructure based on metadata-resistant communication applications. Derived from a Welsh give-and-take meaning "a hug that creates a safe space," Cwtch is an extension of the metadata-resistant protocol Ricochet to support "asynchronous multi-peer grouping communications via discardable, untrusted, anonymous infrastructure."

Open Privacy integrates the platform with anonymous payments based on Zcash's tech

In line with the platform's anonymity-focused vision, Open Privacy is also working on providing Cwtch users with anonymous payment options. As such, the firm has implemented a prototype system relying on Zcash Foundation'southward native crypto wallet, ZecWallet.

In the proclamation, Open Privacy wrote that Zcash is 1 of few cryptocurrencies that direct provide a way to transmit significant information alongside a payment and wouldn't compromise the metadata resistance goals of Cwtch. However, the Zcash-based epitome doesn't allow users to spend tokens as it was only written to demonstrate Zcash integration, Open Privacy noted.

Zcash is a major privacy-focused cryptocurrency project

Launched in 2022, Zcash is a major cryptocurrency focused on providing users with private transactions, similar to coins like Monero (XMR).

Every bit reported, Zcash uses a special iteration of zero-noesis proofs called Zero-Noesis Succinct Non-Interactive Argument of Knowledge (zk-SNARKs) that allows native transactions to remain fully encrypted while still being verified under the network'due south consensus rules. According to Ethereum co-founder Vitalik Buterin, zk-SNARK is an example of the only global anonymity sets that are secure.

In mid-November, an manufacture expert argued that Bitcoin (BTC) must introduce anonymity features similar those provided by Zcash or Monero. Otherwise, Bitcoin will lose its censorship resistance, the expert alleged.

At press time, Zcash is ranked the 33rd-largest cryptocurrency, with a marketplace capitalization of $219 million. The coin is downward 1.2% over the by 24 hours, trading at $27 at the time of writing, according to Coin360.

Zcash all-time toll chart. Source: Coin360