Why does Bitcoin have a privacy problem?
In order to solve the “double spending problem”, all transactions on Bitcoin must be stored on a public ledger.
Notable studies have shown that the same techniques used to analyze social network topology can be used to analyze Bitcoin.
Anyone can use the public ledger to break privacy, including powerful corporations and institutions such as the NSA.
How does Zcoin improve privacy of the Bitcoin Protocol?
With Zcoin’s Zerocoin Technology, you can “mint” a coin found on the public ledger into a private coin, breaking any transactional links and ensuring complete privacy
Zcoin has integrated Tor to hide your IP address. Dandelion further conceals the IP address when broadcasting a transaction on the network
MTP stands for Merkle Tree Proof. It is Zcoin’s unique Proof-of-Work algorithm with a focus on ASIC-resistance and egalitarian mining for all participants
Did you know?
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.
The Zerocoin Protocol is being actively researched and improved, such as by a new extension that when implemented would hide transactions and address balances.
Zcoin Dev Update 15 July 2019
Sigma Team is preparing for 13.8.2 Release which addresses minor bugs and also a concern on the randomness of one of the Sigma generators. Solved issue on display when wallet…Read More
Zcoin’s Sigma is released
We are proud to finally release Zcoin 13.8.1 which will activate our Sigma privacy protocol on block 182,030 or approximately 23 July 2019. This release is a culmination of work…Read More
Zcoin Development Update 4 July 2019
Sigma Preparing for final release with Sigma branch merged with master branch and builds to be available on Friday Sigma mainnet activation date on 23 July 2019 HD mint was…Read More