Category Archives: featured

Zcash Announces Apple App Store Approval on Jaxx’s iOS Platform

Toronto, ON April 12, 2017 Today marks another historic day for Zcash as the privacy-oriented cryptocurrency announces its approval on the App Store via Jaxx’s iOS platform.

The team behind Zcash includes some of the leading scientists behind the advanced zero-knowledge technology used in the protocol. Together with expert engineers, they are continuously researching and developing improvements to the infrastructure and usability for users and third-party services like Jaxx.

Zooko Wilcox, CEO of the company behind Zcash development, Zerocoin Electric Coin Company, said, “Jaxx is a very simple, easy-to-use wallet and the team behind it has been a pleasure to work with. I’m delighted that thanks to them, hundreds of millions of iPhone users can, for the first time send and receive Zcash from their phones.”

Jaxx was the first wallet to integrate Zcash following its mainnet launch on October 28, 2016, and is thrilled to now have Zcash available on its iOS platform. Apple has a rigorous approval process, especially for allowing cryptocurrencies onto the App Store, and their approval is a clear indication that Zcash is a fast growing and well respected technology.

Anthony Diiorio, CEO of Jaxx, said, “The privacy aspect of their technology meshes really well with Jaxx’s philosophies. We’ve been working on a Zcash-integrated iOS version for a long time and we’re over the moon that Zcash has been approved on the App Store.”

Jaxx also confirmed today that they are in talks with Zcash on the possibility of supporting ZEC shielded addresses. Currently, Jaxx supports transparent addresses which behave similarly to Bitcoin, publishing transaction data publicly to the blockchain. While the mere use of shielded addresses by others provide greater privacy for transparent addresses compared to Bitcoin, official support for shielded addresses in Jaxx will significantly enhance capabilities for users.

“Zcash is a very well run project and it’s been an absolute pleasure to work with Zooko and team. We look forward to continuous collaboration between our two projects, especially for when we implement Zcash’s shielded addresses,” said Diiorio.

In addition to being integrated on all of Jaxx’s platforms, Zcash also announced its integration on a second wallet, SmartWallet, a Brazilian money application.

Jaxx’s iOS version with Zcash is now available for download via jaxx.io or on the Apple App Store.

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Zcash CEO Zooko Wilcox and Jaxx CEO Anthony Diiorio are available for interview.

About Zcash:

The Zcash Company is a science-driven team; a combination of academic expertise in computer science and cryptography with security software engineering talent. We are developing the next generation of secure digital currency and blockchain technology through the use of zero-knowledge proofs, to guarantee privacy and confidentiality. We aim to set a new standard for privacy. The Zcash protocol is a decentralized and open-source cryptocurrency offering total payment confidentiality. Unlike Bitcoin, Zcash transactions automatically hide the sender, recipient, and value of all transactions on the blockchain. It is based on peer-reviewed cryptographic research, and built by a world-class, security-focused engineering team. However, as with any new technology, there is risk involved. Currently the team is focused on building and maintaining an open, permissionless system that is viable, robust, and justifiably reliable and secure for users.

About Jaxx:

Jaxx is a multi-token blockchain wallet that provides a unified experience across 9 platforms and devices, including Windows, Apple and Linux desktops, Apple and Android mobile devices and tablets, as well as Google Chrome and Firefox extensions. The Jaxx wallet enables crypto-to-crypto exchange with frictionless in-wallet conversion via Shapeshift. Users are always in control of their keys and Jaxx neither holds nor has access to customer funds. Design and user experience driven, and built with simplicity in mind, Jaxx’s mission is to become the interface to the blockchain world.

To learn more, visit jaxx.io

 

Jaxx Press Contact

Annie Lee

[email protected]

 

What does a hard fork mean for Jaxx Users?

The ongoing debates surrounding consensus, scalability and governance of decentralized system have led many in the Bitcoin community to believe that there’s a possibility of an hard fork on the horizon. I want to take this opportunity to let Jaxx users know that you will never need to take any actions leading up to a hard fork. I’d like to also provide more information to our users and the community on how Jaxx handles events, such as hard forks, and how we make our business decisions regarding similar situations.

Let’s first start off by explaining what a hard fork is. Due to the governance structures of decentralized blockchains, there will always be a level of dissent between important participants of the networks. Under certain circumstances, due to dissent among these participants, a fork of the blockchain occurs resulting in two competing chains that move in different directions. Although these blockchains will share identical information up until the fork occurs, coin holders would end up with funds on both chains along with identical private and public keys.

At Jaxx, we don’t pretend to be oracles or speak on behalf of our users or entire communities. Although we attempt to predict where the space is moving and make business decisions accordingly, we’ve learned over the years that taking a “hard stance” tends to be counterproductive, especially when situations rarely end up playing out as many would expect.

Jaxx is a multi-currency wallet that supports many blockchains and technologies with plans to support many more. Think of us as a multi-platform interface (or browser) for blockchains that allows users the ability to view, control, manage, exchange, send, and receive many of the leading digital currencies available today. Given this multi-chain multi-technology approach that provide users choice and control, we believe competition to be invaluable and we will continue to support emerging blockchain technologies and projects that we believe have merit.

The most important thing to know when dealing with hard forks is that Jaxx users really need to do nothing on their end: You don’t need to move your funds before a fork, nor do you risk losing your funds after. Unlike an exchange that holds the keys to your funds, one critical feature of Jaxx is that users are in full control of their keys. Jaxx doesn’t have access to your funds (keys are created and stored client-side and never sent to our servers), nor are we custodians of your funds (blockchain holds the funds). No matter what decision we make once we’ve evaluated the results of a fork, users will always be able to export their private keys individually or altogether via a Backup Phrase, and import them into another service The difference with holding your funds on an exchange is that you are always at their mercy regarding decisions they make; you do not have control of the keys to your funds, they do.

I’ll reiterate that with Jaxx there is nothing you need to do leading up to a hard fork. Should a fork occur, know that we will monitor the situation and events following the fork. We will also provide guidance to our users and details of any actions we plan to undertake as a result of the fork. One suggestion I will make is to occasionally check our social media channels and our in-app bulletin messages (Menu -> Bulletin) for any alerts or messages that might impact our users.

Sincerely,

Anthony Diiorio

CEO & Founder, Jaxx