more Quotes
Connect with us


Privacy Matters: Understanding the Technology Behind Ycash (YEC)

Spread This News

In an increasingly digitized world, where data flows ceaselessly and online interactions become an integral part of daily life, safeguarding individual privacy stands as a paramount concern. In response to this pressing need, technologies such as Ycash (YEC) have emerged to offer a distinctive approach to preserving user privacy within the realm of digital transactions and financial activities. By delving into the intricate technology that underpins Ycash we gain insights into how this innovative solution prioritizes anonymity and security. In this exploration, we endeavor to grasp the fundamental principles driving Ycash’s commitment to privacy, shedding light on the pivotal role it plays in fostering a more secure and confidential digital environment. If you are planning to trade Bitcoin, you may consider using a reliable trading platform such as Quantum AI.

What is Ycash

The Genesis of Ycash

Ycash is a privacy-focused cryptocurrency that emerged as a fork of the well-known Zcash (ZEC) blockchain. The idea behind Ycash was to prioritize user privacy by implementing certain protocol changes that differentiate it from its parent blockchain. The fork occurred at block height 570,000 of the Zcash blockchain, resulting in the creation of Ycash as an independent digital currency.

Ycash vs. Zcash: The Distinctions

While Ycash and Zcash share a common origin, they have some fundamental differences. The primary differentiator is Ycash’s approach to community governance. Unlike Zcash, where a portion of the mining rewards goes to a private company, Ycash ensures that 90% of its mining rewards go directly to the miners. This setup fosters a decentralized network and aligns with the principles of community-driven development.

Another significant divergence lies in Ycash’s choice of the Equihash-BTG mining algorithm. This decision was made to ensure that Ycash remains ASIC-resistant, promoting a more inclusive mining ecosystem.

The Technology Behind Ycash

zk-SNARKs: Privacy at its Core

At the heart of Ycash’s privacy features lies zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge). This cryptographic technique allows users to transact on the Ycash blockchain without revealing any sensitive information, such as transaction amounts and sender/receiver addresses. By leveraging zk-SNARKs, Ycash enables users to maintain a high level of privacy and confidentiality while conducting financial transactions.

YEC Shielded Transactions

Ycash provides users with the option of using shielded transactions. These shielded transactions employ zk-SNARKs to hide transaction details from public view. As a result, the amounts and addresses involved in a transaction remain encrypted, enhancing privacy and protecting sensitive financial data.

Transparent Transactions

While Ycash prioritizes privacy, it also recognizes the importance of transparency. The Ycash blockchain supports transparent transactions, similar to the Bitcoin model. Transparent transactions are fully visible on the blockchain, showcasing the sender, receiver, and transaction amount.

The Benefits of Ycash

Enhanced Privacy

Ycash offers a level of privacy that many other cryptocurrencies lack. Users can choose between transparent and shielded transactions, depending on their specific needs. This flexibility empowers individuals and businesses to control the visibility of their financial activities while maintaining privacy.

Decentralization and Community Governance

The focus on community governance and decentralization sets Ycash apart from many other cryptocurrencies. By allocating a significant portion of mining rewards to the miners themselves, Ycash ensures that decision-making power lies with the community, fostering a more democratic and inclusive ecosystem.


Ycash’s use of the Equihash-BTG mining algorithm makes it resistant to ASIC mining, promoting a more equitable distribution of mining rewards and preventing the centralization of mining power. This approach encourages broader participation in securing the network and ensures a fairer distribution of rewards.

Real-World Applications

Private and Secure Transactions

The foremost application of Ycash is in conducting private and secure transactions. Individuals and businesses seeking enhanced privacy in their financial dealings can utilize Ycash’s shielded transactions to safeguard their sensitive data from prying eyes.

E-Commerce and Online Payments

As the world embraces digital transactions, concerns about data privacy have intensified. Ycash can find practical applications in e-commerce and online payments, where individuals and businesses desire anonymity and confidentiality in their financial interactions.

Confidential Contracts and Negotiations

Beyond financial transactions, Ycash’s privacy features can be leveraged for confidential contracts and negotiations. Businesses can use Ycash’s shielded transactions to maintain the confidentiality of their agreements, ensuring sensitive information remains hidden from unauthorized access.

The Future of Ycash

As the digital landscape continues to evolve, Ycash holds significant promise in the realm of privacy-focused cryptocurrencies. Its commitment to user privacy, decentralization, and community governance makes it an attractive option for those seeking enhanced confidentiality in their digital financial activities.

Integration and Adoption

Ycash’s success will be influenced by its ability to integrate with existing platforms and gain adoption from businesses and individuals worldwide. Collaborations with various stakeholders and strategic partnerships will be crucial in establishing Ycash as a formidable player in the cryptocurrency space.

Technological Advancements

As blockchain technology progresses, Ycash will need to stay at the forefront of privacy innovations. Continued development and enhancements to its zk-SNARKs technology and overall protocol will ensure that Ycash remains a competitive and reliable option for privacy-conscious users.


In conclusion, Ycash (YEC) presents itself as a powerful contender in the realm of privacy-focused cryptocurrencies. With its emphasis on user privacy, community governance, and technological advancements, Ycash offers a unique value proposition to individuals and businesses seeking enhanced privacy in their financial interactions. As the digital world continues to evolve, privacy will undoubtedly remain a paramount concern. Ycash’s commitment to privacy, decentralization, and inclusivity positions it as a promising option for those looking to protect their financial data from prying eyes. Embracing Ycash could pave the way for a more private and secure future in the world of digital transactions.

Continue Reading


African 2026 World Cup Qualifying Fixtures

Spread This News

Although the 2026 FIFA World Cup is still years away, the African qualifiers are set to begin soon. The next World Cup will be held in three locations for the first time in history – the US, Canada, and Mexico. CAF has secured 9 slots for African teams who will battle it out for a chance to play on the global stage. Below, we review the African 2026 FIFA World Cup qualification schedule and fixtures.

New Qualification Format

Nine CAF teams will make it to the World Cup. This is a change from the previous five, which means local and international betting sites have to update their betting lines even as the CAF adjusts its qualification format. The CAF announced this new format on May 19 this year. Now, participating teams will be drawn into nine groups of six teams, with each group winner qualifying directly for the World Cup. 

Draw and Groups

On July 13, the CAF performed the draw for the qualifications in Abidjan, Ivory Coast. All 54 CAF football associations will be represented, and the teams will be divided into the following groups:

  1. Group I: Chad, Comoros, CAR, Madagascar, Ghana, Mali
  2. Group H: Sao Tome and Principe, Liberia, Malawi, Namibia, Equatorial Guinea, Tunisia
  3. Group G: Somalia, Botswana, Mozambique, Uganda, Guinea, Algeria
  4. Group F: Seychelles, Burundi, Gambia, Kenya, Gabon, Ivory Coast
  5. Group E: Eritrea, Niger, Tanzania, Congo, Zambia, Morocco
  6. Group D: Mauritius, Eswatini, Libya, Angola, Cape Verde, Cameroon
  7. Group C: Lesotho, Rwanda, Zimbabwe, Benin, South Africa, Nigeria
  8. Group B: South Sudan, Sudan, Togo, Mauritania, DR Congo, Senegal
  9. Group A: Djibouti, Ethiopia, Sierra Leone, Guinea, Burkina Faso, Egypt


The qualifiers will be held across 10 match days with some combined dates for the playoff semifinals and finals. The closest dates to look forward to are:

Matchday One: Nov. 13-21, 2023

  1. Group I: Comoros Vs. Central African Republic, Ghana Vs. Madagascar, Mali Vs. Chad
  2. Group H: Liberia Vs. Malawi, Equatorial Guinea Vs. Namibia, Tunisia Vs. Sao Tome e Principe
  3. Group G: Botswana Vs. Mozambique, Guinea Vs. Uganda, Algeria Vs. Somalia
  4. Group F: Burundi Vs. Gambia, Gabon Vs. Kenya, Ivory Coast Vs. Seychelles
  5. Group E: Niger Vs. Tanzania, Zambia Vs. Congo Brazzaville, Morocco Vs. Eritrea
  6. Group D: Eswatini Vs. Libya, Cape Verde Vs. Angola, Cameroon Vs. Mauritius
  7. Group C: Rwanda Vs. Zimbabwe, South Africa Vs. Benin, Nigeria Vs. Lesotho
  8. Group B: Sudan Vs. Togo, Senegal Vs. South Sudan, Democratic Republic of Congo Vs. Mauritania,
  9. Group A: Ethiopia Vs. Sierra Leone, Burkina Faso Vs. Guinea-Bissau, Egypt Vs. Djibouti

Matchday Two: Nov. 13-21, 2023

  1. Group I: Chad Vs. Madagascar, Comoros Vs. Ghana, CAR Vs. Mali
  2. Group H: Sao Tome Vs. Namibia, Liberia Vs. E. Guinea, Malawi Vs. Tunisia
  3. Group G: Somalia Vs. Uganda, Botswana Vs. Guinea, Mozambique Vs. Algeria
  4. Group F: Seychelles Vs. Kenya, Burundi Vs. Gabon, Gambia Vs. I. Coast
  5. Group E: Eritrea Vs. Congo, Niger Vs. Zambia, Tanzania Vs. Morocco
  6. Group D: Mauritius Vs. Angola, Eswatini Vs. Cape Verde, Libya Vs. Cameroon
  7. Group C: Lesotho Vs. Benin, Rwanda Vs. S. Africa, Zimbabwe Vs. Nigeria
  8. Group B: S. Sudan Vs. Mauritania, Sudan Vs. DR Congo, Togo Vs. Senegal
  9. Group A: Djibouti Vs. G. Bissau, Ethiopia Vs. B. Faso, S. Leone Vs. Egypt

Wrapping Up

The African (CAF) qualification campaign will kick off in November and set the stage for the 54 participating countries to compete for the 9 World Cup slots. Meanwhile, Morocco’s run in the 2022 World Cup has revitalized enough hope on the continent for a real shot at the trophy.

Continue Reading


We do not recognise Mnangagwa as President – says opposition as MPs boycott 10th Parliament opening, SONA address

Spread This News

By Staff Reporter

CITIZENS Coalition for Change legislators have snubbed the State of the Nation Address (SONA) delivered by President Emmerson Mnangagwa at the opening of the 10th Parliament.

According to a source, the decision to steer clear of the SONA along with the official opening of the 10th Parliament came from the party.

This is the latest protest by the opposition party following the conclusion of the general elections in August.

President Mnangagwa emerged winner with a 52,6% share of the vote while Chamisa got 44%.

CCC has since disputed the election results while calling for a rerun.

“We have been told to remain in our constituencies. The directive came as a party position,” revealed the source.

Opposition spokesperson Promise Mkwananzi said: “We are boycotting the processes that Mnangagwa wants us to undertake on the basis of the fact that we as CCC do not recognize an election that put him there. The election was a sham, it did not go well. If fell abysmally short of the expected standards of a free and fair election in terms of the laws of Zimbabwe as well as in terms of SADC and AU protocols on free and fair elections.

“Accordingly, we are not attending that process. We want to send a clear message that there should be a free election in Zimbabwe under the auspices of SADC. So, that is the message that will be sending out.”

After the contested 2018 general election, then MDC-Alliance MPs walked out as soon as Mnangagwa began his SONA in protest.

Continue Reading


Zanu PF dispels any hope for Transitional government, maintains August elections were free and fair

Spread This News

By Leopold Munhende | Chief Correspondent

ZANU PF Treasurer General Patrick Chinamasa has dispelled hopes for a transitional government or rerun, options being pushed regionally after Zimbabwe’s heavily criticised August polls.

Chinamasa took to Twitter Monday to declare that, despite regional and international criticism of the election, Zanu PF maintained it was free and fair.

He described calls for a rerun of the elections won by President Emmerson Mnangagwa, as neocolonial.

Mnangagwa claimed 52.6% of the presidential vote against main contender Citizens Coalition for Change (CCC) President Nelson Chamisa’s 44%.

“I ask the CCC class and its Prefect, Nelson Chamisa, to repeat after me the following that the 23rd of August 2023 was free, fair, transparent, and credible; that there will be no rerun of the elections,” said Chinamasa.

“There will be no Government of National Unity (GNU), there will be no so-called Transitional Authority (whatever that may mean), Zimbabwe, under Zanu PF’s watch will never be a banana republic.

“Zanu PF will forever say “NO” to neocolonialism and hegemonism and an emphatic “NO” to subjugation by sanctions-imposing Western countries, Nyika Inovakwa Nevene Vayo, Ichitongwa Nevene Vayo, Ichinamatirwa Nevene Vayo, Ichichengetedzwa Nevene Vayo, Ichidzivirirwa Nevene Vayo. 

Zimbabwe will never, never, never be a colony again.”

Mnangagwa’s re-election has received massive criticism after heavy bungling by the Zimbabwe Electoral Commission (ZEC) on August 23.

Late provision of voting material, allegations of voter intimidation by Central Intelligence Organisation (CIO) backed Forever Associates Zimbabwe (FAZ), barring of opposition rallies, arrest of opposing politicians and accusations ZEC had been captured by the military all worked against its credibility.

The European Union (EU), Commonwealth, United Kingdom (UK), regional body SADC and AU all questioned its fairness.

Zanu PF has spent the greater part of Zimbabwe’s post election period to lay into Zambian President Hakainde Hichilema whom it accuses of orchestrating negative reviews of Zimbabwe’s polls by SADC.

Continue Reading


Copyright © 2021 ZimFocus.

One Zimbabwe Classifieds | ZimMarket

Zimbabwe Market Classifieds | ZimMarket

1 Zimbabwe Market Classifieds | ZimMarket

Linking Buyers To Sellers Is Our Business Tradition