Zcash, a Harder-to-Trace Virtual Currency, Generates Price Frenzy - The New York Times
Speculators are snapping up a new virtual currency known as Zcash that was designed by university academics and built to be all but untraceable. (...)
The company behind Zcash, led by a developer named Zooko Wilcox, has the support of privacy activists and computer scientists at Johns Hopkins University and Massachusetts Institute of Technology. It has already secured $3 million in backing from a number of Silicon Valley venture capitalists who are involved in the virtual currency industry.