Zcoin

6.54
-1.71%
USD
Exchange XZC
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Price History
Market Cap
53,376,961 USD
24h Volume
1,263,530 USD
Circulating Supply
8,167,843 XZC
Max Supply
21,400,000 XZC
Zcoin Overview
Zcoin is the first full implementation of the Zerocoin Protocol, which allows users to have complete privacy via Zero-Knowledge cryptographic proofs. It is worth noting that Zcoin is unrelated to other cryptocurrencies utilizing the Zerocash Protocol. Although Zerocash is a development from Zerocoin, their respective implementations are not simple forks of each other, but rely on different cryptographic assumptions with various tradeoffs. Both approaches supplement each other quite nicely, and a good way to describe them would be sibling projects.
Blockchain
Blockchain
Consensus Method
Proof Of Work
Status of Project
Fully Working Product
Coin Age
34 months
Algorithm
Lyra2Z
Block Processing
5
Emission Rate
Proportional To Network Activity
Community size
94,857
Open Source
Yes
CEO
Reuben Yap
CTO
Peter Shugalev
Team Memberes
16 member, 10 developers
Zcoin News
View All
Over 5 Million Merchants Throughout Thailand Now Accept Zcoin Payments
Privacy-focused cryptocurrency Zcoin is now available for spending in Thailand at any merchant registered with the Thai QR code system through Satang App.According to an announcement published by Zcoin on Aug. 15, over 50 million users of Satang App can now use Zcoin at local merchants both in-store and online by scanning a QR code.
Zerocoin exploit found, Zcoin attacked, other privacy coins at risk
The Zcoin team discovered a vulnerability in the cryptography of the Zerocoin protocol that allows an attacker to forge zero-knowledge proofs and create coins out of thin air.
Zcoin Implements ASIC Resistant Merkle Tree Proof Crypto Mining
Today, Zcoin implemented a new mining algorithm that hampers FPGA, ASIC, and botnet mining.
Thailand's Democrat Party Holds First Ever Election Vote with Blockchain Technology
Thailand's main opposition Democrat Party has become the first in the world to use blockchain technology in a live electronic voting system involving more than 120,000 voters for its primary election, Zcoin announced in a press release on Nov. 13.Thailand Becomes a Leader in Blockchain Adoption.
ASIC Resistance Is Still Worth the Fight for Egalitarian Mining, This Time With Merkle Tree Proofs
ASIC resistance is worth pursuing egalitarian mining with our new Proof of Work algorithm, Merkle Tree Proofs.
Zcoin Gives ASICs the Boot with Merkle Tree Proofs
In a direct challenge to the type of industrial-grade efforts that have transformed once-lone cryptocurrency miners into multi-billion-dollar oligarchies, Zcoin has held itself up as the first cryptocurrency to "Democratize" mining using Merkle Tree Proofs, a PoW algorithm for ASIC-resistance.
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