standard

ZRC-20

Draft convention for issuing fungible tokens on Zcash by writing JSON instructions into the memo field of shielded outputs, with balances computed by off-chain indexers rather than by consensus rules.

Known aliases

ZRC20

Relationships

No evidence-backed relationships are recorded.

Current clusters

invest1 publisher

Zcash Foundation disowns ZRC-20 the day after a sponsored post announced it

ZRC-20 needs no consensus change, so the Foundation's denial is a reputational act with no on-chain effect, and it lands while Grayscale's ZCSH ETF has pulled more than $500m into ZEC in two weeks.

Publishers:cryptopolitan.com

Reality

Evidence42
Adoption20
Hype gap+45
Incentives78
Confidence45