How do Zero-knowledge cryptographic proofs ensure Zcoin’s anonymity?

By November 1, 2016 No Comments

Zcoin’s zero-knowledge proof makes a cryptographic statement. When someone is sent Zerocoin, the person only knows that X amount of money was sent to their wallet. Unlike Bitcoin, there is no other unintended identifying information about the sender and receiver. Zero Knowledge proofs ensure that there is zero information leakage about the sender and receiver of a transaction.