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Ycash Chart
Ycash is a digital currency, like Bitcoin or Zcash. In fact, the software for Ycash is based on the software for Zcash, which in turn is based the software for Bitcoin. Like Bitcoin and Zcash, the total supply of Ycash is forever capped a 21 million coins. So, unlike government-issued paper cash, you never have to worry about inflation devaluing your Ycash. Ycash also shares something else in common with Zcash: shared blockchain history. The first 570,000 blocks of the Ycash blockchain are the same as the first 570,000 blocks of the Zcash blockchain. That means that everyone in control of Zcash private keys as of block height 570,000 (around July 18, 2019) will be able to use those private keys to access the same amount of Ycash. So, those that currently have a vested interest in the future of Zcash (by holding Zcash) automatically have a vested interest in the future of Ycash. Bitcoin is truly revolutionary, but it suffers from several problems, including the following two key problems: The Privacy Problem. Bitcoin lacks privacy. The whole world can see all of your transactions. The Distribution Problem. The ongoing initial distribution of bitcoin (via "mining") is dominated by manufacturers of specialized computer hardware and their business partners. Zcash improved upon Bitcoin by implementing a revolutionary solution to The Privacy Problem. But The Distribution Problem remains. By building upon the Zcash codebase, Ycash leverages Zcash's solution to The Privacy Problem. And by aggressively pursuing mining on commodity hardware by all available means, including periodic changes to Ycash's mining algorithm, Ycash aims to address The Distribution Problem. We believe that addressing The Distribution Problem is necessary for a digital currency to achieve widespread, grassroots adoption. As one engineer working on Ycash put it, if the mining process is largely controlled by specialized hardware created by a far-off foreign manufacturer, the coin seems "distant". Mining is an important way for users to participate in a digital currency's community, and mining on commodity hardware opens up the mining process up to a much larger group of users. Another key component of Ycash's approach to addressing The Distribution Problem is upholding a promise that originated from Zcash: that 90% of the coins would be distributed via the mining process. The structure of the Ycash Development Fund upholds that promise: With 5% of the coins starting at block height 570,000 going to the Ycash Development Fund (managed by the nonprofit Ycash Foundation), 90% of the total 21 million Ycash coins will be allocated via the free market mining process. But there are several other coins that also build upon the Zcash codebase and are also trying to address The Distribution Problem; what makes Ycash different? The answer goes back to Ycash's shared blockchain history with Zcash. Ycash is the only coin that is also a chain fork of Zcash. So, not only does Ycash build upon the codebase of Zcash like many other coins, it also uniquely builds upon Zcash's blockchain too. Therefore, the Zcash community, including the world-class engineers and cryptographers at the Electric Coin Company, have a vested interest in Ycash's success (to the extent that those individuals hold Zcash at the time of the Zcash/Ycash split). Ycash is standing on the shoulders of two giants: Bitcoin and Zcash. We will aggressively compete with both (and all other digital currencies) for user and merchant adoption.
The current price of 1 Ycash (YEC) in USD is $0.05891.
This price is currently -99.03% than its all-time high (ATH) of $6.100,
and 18160491.07% than its all-time low (ATL) of $0.000000324.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Ycash’s price.
The market capitalization of Ycash (YEC) is $946,372.00 as of today.
Ycash (YEC) is currently ranked #3722 in the market, and this market cap is calculated by multiplying the current price of Ycash with the circulating supply.
The circulating supply of Ycash (YEC) is 16,065,859, meaning there are 16,065,859 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Ycash (YEC) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Ycash (YEC)’s official platforms.
The trading volume of Ycash (YEC) today is $120.66.
This represents the total value of Ycash (YEC) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Ycash (YEC) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Ycash's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Ycash (YEC) to make well-informed trading decisions.
The all-time high (ATH) price of Ycash (YEC) is $6.100.
This ATH was reached on 22 Jul 2019, marking the highest value ever for Ycash (YEC) in the market.
Currently, Ycash is lower than its ATH by -99.03%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Ycash, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Ycash (YEC) is $0.000000324.
This ATL was reached on 13 Apr 2022, marking the lowest value ever for Ycash (YEC).
Currently, Ycash is higher than its ATL by 18160491.07%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Ycash (YEC), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Ycash (YEC), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Ycash (YEC) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Ycash against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Ycash.
4. Place an Order: After funding your account, navigate to the Ycash (YEC) trading pair (e.g., Ycash/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Ycash in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Ycash (YEC).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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