{"id":571455,"date":"2022-05-21T17:14:16","date_gmt":"2022-05-21T16:14:16","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=571455"},"modified":"2022-05-21T17:14:16","modified_gmt":"2022-05-21T16:14:16","slug":"zcash-zec-could-transition-to-pos-as-a-means-of-driving-sustainable-growth","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/zcash-zec-could-transition-to-pos-as-a-means-of-driving-sustainable-growth\/","title":{"rendered":"ZCash (ZEC) Could Soon Transition to Proof-of-Stake as a Means of Driving Sustainable Growth"},"content":{"rendered":"
Summary:<\/p>\n
The popular privacy coin of ZCash (ZEC)<\/a> could very well switch from its current proof-of-work algorithm to a proof-of-stake mechanism. The team behind the project, the Electric Coin Company, has announced via Twitter the kickoff of the initial phase of research geared towards finding out whether ZCash could transition into a proof-of-stake network, thus placing ZEC<\/a> at the forefront of Web3.<\/p>\n Our goal for the initial phase of Proof-of-Stake research is to produce a concrete transition proposal for the #Zcash<\/a> community.<\/p>\n We believe this proposal could place $ZEC<\/a> and its underlying technologies at the forefront of Web3. https:\/\/t.co\/4ZWsOwfhCg<\/a><\/p>\n — Electric Coin Co. (@ElectricCoinCo) May 20, 2022<\/a><\/p><\/blockquote>\n\n