Parity to build the first alternative client for Zcash

Parity Technologies, a core blockchain infrastructure company, today announced it has partnered with the Zcash Foundation to build the first alternative client for Zcash.

The new Zcash node will be written in the Rust programming language and will be the first alternative client after Zcash Company’s zcashd, the only full node software available for Zcash. Parity will look to draw from its experience in building client implementations for Ethereum and Bitcoin to produce a fast and reliable implementation for Zcash.

Parity’s expertise in building node implementations on multi-client networks has demonstrated the importance of growing communities and further decentralization. “An independent node implementation provides more options for Zcash miners and users, which promotes healthy decentralization of the cryptocurrency protocol as it matures.”

Developers with experience in Rust will soon be able to have a greater impact on the space of applicable zero-knowledge proofs and privacy software. In producing a Parity Zcash client, Parity Technologies adds an important piece of open-source software to its tech stack and vision for a decentralized web.

“Our technical collaboration with the Zcash Foundation will bolster the cryptocurrency as a tool for financial privacy. We’re excited to leverage the time and expertise that we’ve already invested in Parity Bitcoin, while familiarizing our engineers with zero-knowledge cryptography and building a foundation for a Polkadot Zcash bridge.”