Zcash: How to install the Zcash cryptocurrency wallet on GNU/Linux?
It's been more than 1 year since we published more about how to install cryptocurrency wallets existing on GNU/Linux. Therefore, today we will continue with this topic, addressing the installation of the cryptocurrency wallet “Zcash” (ZEC).
For those who are not very savvy in the Blockchain & DeFi field, and specifically about the cryptocurrencies, , it is worth briefly noting that Zcash is a fast and confidential digital currency with low commissions, which makes it ideal for making mobile payments. However, we will get to know it in more detail later.
Dash Core Wallet: Installation and use of the Dash Wallet And more!
And as usual, before we dive into today's topic of how to install cryptocurrency wallets existing, specifically on the wallet of Zcash» (ZEC), we will leave for those interested the following links to some previous related publications. In such a way that they can easily explore them, if necessary, after finishing reading this publication:
“For those who are not usually very knowledgeable in the world of Cryptocurrencies, it is worth noting that the Dash Core Wallet is the official Wallet of the Dash Cryptocurrency, and is developed and supplied directly by the Dash Organization”. Dash Core Wallet: Installation and use of the Dash Wallet And more!
Zcash: A fast and confidential cryptocurrency
What is the Zcash cryptocurrency?
According to Zcash official website in English , since, his spanish website is still under construction, this cryptocurrency is described as follows:
- It is a digital currency, or cryptocurrency, like Bitcoin. And its similarity to Bitcoin comes from the fact that it was built on the basis of its original code.
- It was conceived by scientists at MIT, Johns Hopkins, and other respected academic and scientific institutions.
- It is ideal for buying goods and services, thanks to its excellent speed and confidentiality. Although, without any problem, it can be exchanged for other cryptocurrencies and fiat money, such as US dollars, euros or others.
- One of the main differences between most Cryptocurrencies and ZCash is that, in the former, each transaction is tracked and managed in a public and decentralized blockchain, that is, they expose the history of transactions and possessions to the whole world. Whereas, Zcash allows the use of shielded transactions that are completely private.
“Like Bitcoin, Zcash transaction data is published on a public blockchain; but unlike Bitcoin, Zcash gives you the option of confidential transactions and financial privacy through shielded addresses. Zero-knowledge proofs allow transactions to be verified without revealing the sender, receiver, or transaction amount. Selective disclosure features within Zcash allow a user to share some transaction details, for compliance or audit purposes. Zcash also enables transparent transactions, which are fully interoperable with shielded addresses." Zcash Basics
How to install the Zcash wallet on GNU/Linux?
Before starting the installation of the Zcash wallet, and as we have expressed on other occasions, depending on the GNU/Linux distribution used, very possibly, some previous packages must be installed to avoid errors or later to solve dependency problems. However, in this practical case, we will be using the customary Respin (Live and Installable Snapshot) which is based on MX Linux y Debian GNU / Linux, which name is Miracles.
Which is built following our «Guide to Snapshot MX Linux» and optimized for Crypto Assets Digital Mining. Following, among many recommendations, those included in our publication called «Convert your GNU / Linux into an Operating System suitable for Digital Mining».
And we will be doing the steps described in the section called Configuration of Debian binary packages, Official Zcash Documentation Page.
a) Step 1: Initial suitability
«sudo apt-get update && sudo apt-get install apt-transport-https wget gnupg2»
b) Step 2: Installation of keys
«wget -qO - https://apt.z.cash/zcash.asc | gpg --import»
«gpg --export 3FE63B67F85EA808DE9B880E6DEF3BAF272766C0 | sudo apt-key add -»
c) Step 3: Repository configuration
«echo "deb [arch=amd64] https://apt.z.cash/ bullseye main" | sudo tee /etc/apt/sources.list.d/zcash.list»
«sudo nano /etc/apt/sources.list.d/zcash.list»
d) Step 4: Wallet installation
«sudo apt-get update && sudo apt-get install zcash»
Nota: In my case, I already had it installed and it was only updated.
e) Step 5: Download parameters for shielded transactions
«zcash-fetch-params»
f) Step 6: Edit configuration file
«sudo nano ~/.zcash/zcash.conf»
Nota: A configuration file (~/.zcash/zcash.conf) can or should be configured before running zcashd. However, it can be completely empty; and in that case, it will be executed with the default parameters.
g) Step 7: Run Zcashd
«zcashd»
Nota: Once this command has been executed, the synchronization of the entire Blockchain on the Computer's wallet will start. And once finished, you can see its graphical interface, as shown below:
Nota: for installation on other GNU/Linux Distros not based on Debian GNU/Linux you can use its compressed file (binary tarball).
“Electric Coin Company's official Zcash client is built for Linux (64-bit). Electric Coin Company maintains a repository of packages for 64-bit Debian-based distributions, allowing Zcash to be installed using "apt-get" from the command line. Zcash download section
Finally, if you want to know more about Zcash in SpanishWe recommend exploring the following links: CoinMarketcap, Kraken y bit2me.
Summary
In summary, Zcash» (ZEC) is a open source decentralized cryptocurrency which guarantees privacy and transparency selection of transactions. and whose wallet (wallet) It is easily installable for use on GNU / Linux Distros based on Debian, as seen in the tutorial. So, with this in mind, if you are passionate about cryptocurrencies and use a Debian-based GNU/Linux Distro, you can quickly give Zcash a try.
We hope that this publication is very useful for the entire «Comunidad de Software Libre, Código Abierto y GNU/Linux». And don't forget to comment on it below, and share it with others on your favorite websites, channels, groups or communities of social networks or messaging systems. Finally, visit our home page at «FromLinux» to explore more news, and join our official channel Telegram from DesdeLinux, West group for more information on the subject.