Why does BLOCKCHAIN have a privacy problem?
In order to solve the “double spending problem”, all transactions must be stored on a public ledger called the blockchain.
Notable studies have shown that the same techniques used to analyze social network topology can be used to analyze blockchains.
Anyone can use the public ledger to break privacy, including powerful corporations and institutions such as the NSA.
How does Zcoin ADD PRIVACY TO THE BLOCKCHAIN?
With Zcoin’s Sigma 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 Sigma 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 Zcoin’s old protocol 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.
Zcoin listed on Bitcoin.com Exchange
We are pleased for Zcoin XZC to be added to the Bitcoin.com Exchange trading platform, making it the 28th asset to be listed on the exchange. With the listing on…Read More
New Zcoin 13.8.10 Release with Mnemonic seed backup support
We are happy to announce a new Zcoin release that introduces a long awaited feature: mnemonic recovery phrases! What this means is that instead of saving the file wallet.dat, you…Read More
How to backup your Zcoin wallet with a mnemonic seed phrase!
The release of Zcoin Core wallet v0.13.8.10 introduces the mnemonic (seed phrase) backup feature following the BIP39 standard. This means that you can now easily store a backup of your…Read More