Ycash

Ycash is a digital currency and chain fork of Zcash. They both have a shared blockchain history. The preliminary 570,000 blocks of the Ycash blockchain are identical to the preliminary 570,000 blocks of the Zcash blockchain. Meaning that people in control of Zcash private keys as of block height 570,000, are able to use them to access the same amount of Ycash.

Users who are interested in and hold Zcash automatically have a vested interest in Ycash as well. Like Zcash, the total supply of Ycash is capped at 21 million coins. At its launch, Ycash implemented Equihash, a proof-of-working algorithm that cannot be mined by ASICs.

Five percent of the coins beginning at block height 570,000 is allocated to the Ycash Development Fund, which is managed by the nonprofit Ycash Foundation. Ninety percent of the overall 21 million Ycash coins will be allocated through the free market mining process.