zcash processor funded growth partially by pre-selling ZEC coins to investors. A portion of every block reward will probably be given to preliminary investors for a time frame. The spot market will be quite illiquid till enough blocks have been mined, and block rewards earned. Preliminary buyers can ahead promote their allotment of ZEC by promoting futures contracts.

Because of this, miners started to work in teams, that are called pools. A pool of miners unites the calculation power of a workforce of small miners in order to obtain a significant mining power (aka hash charge), thus increasing the possibility of fixing a puzzle and getting the reward for it. Each miner within the pool, will get a «share» of the reward, according to the amount of power he contributed to the pool.

Accordingly, whenever the law demands transparency and each time correct legal process is adopted to obtain that transparency, a person or regulated firm can simply oblige by sharing the view key that un-blinds personal transactions with the right authorities. This is, in many ways, superior to the current state of affairs with Bitcoin where both law enforcement and most people can see a wealth of private information about your Bitcoin addresses. It’s also better than the current state of affairs with pre-blockchain banking transactions as a result of the info being shared will be verified by an open community of computers, somewhat than law enforcement needing to take the regulated party or the individual being questioned at their word.