- ZCash and Parity Technologies work together to provide improved security to users
- The goal is to offer better services to users
The ZCash Foundation has partnered with Parity Technologies in order to release a new open source client for the ZEC cryptocurrency. This is according to a press release unveiled on June 17. ZCash (ZEC) is one of the largest cryptocurrencies in the market offering privacy features.
ZCash Foundation And Parity Technologies Work Together
The new software client is called Zebra and it has been released to provide redundancy in the case of its client failing. In this way, the network is expected to work in a much more secure way and users would be more protected than before.
There are going to be other improvements to ZCash with this partnership. For example, the network would be able to detect implementation-specific bugs and also avert problems related to the consensus mechanism that the network has.
Parity Technologies has been working on other crypto clients in the past. For example, they have developed Parity Ethereum.
About the new partnership to improve ZCash, the CTO of Parity, Fredrik Harryson, commented:
“The community wins across the board … Zcash can now boost a more diversified community that can effectively tailor experiences for Layer 2 developers as well as end-users.”
At the time of writing this article, ZEC is the 23rd largest crypto in the market with a price per coin of $100. ZEC’s market capitalization reached $677 in the last few hours.