7D price · CoinGecko market data.
| Exchange | Pair | 24h Volume | Spread | Trust |
|---|
| Nonkyc.io | YEC/USDT | $1.78K | 0.03% | TRADE | |
| SafeTrade | YEC/USDT | $979.92 | 15.15% | TRADE | |
| Nonkyc.io | YEC/BTC | $350.48 | 0.35% | TRADE | |
| Nonkyc.io | YEC/USDC | $127.69 | 0.95% | TRADE | |
| SafeTrade | YEC/BTC | $20.74 | 30.89% | TRADE |
Top 5 exchanges by 24h trading volume. BlockInsider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
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.
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