Just added Zcoin to my alt coins.
ZCoin (XZC)
Zcoin is based on Zerocoin technology, a highly referenced and fully vetted, peer reviewed cryptography.
Many people believe bitcoin is an anonymous digital currency. However, bitcoin is one of the least private digital currencies available online today. The transactions are broadcasted on a public ledger. Anyone can see your bitcoin address, your transaction history, and the value of your wallet. All it takes is one connection between your bitcoin address and your personal information, and anyone can use the public ledger to spy on your funds.
How Does Zcoin Work?
Zcoin improves the privacy of bitcoin’s protocol in the following core ways:
About Zcoin Tokens:
There will be a total supply of 21 million Zcoins. The tokens will follow the same halving cycle as bitcoin (every 4 years), with 10% of the total Zcoin supply being distributed to the Founders Reward as time passes. The Founders Reward is given to early investors, developers, and Zcoin community members.
It’s important to note that Zcoin is not a fork of Zcash. ZeroCoin is the technology, and Zcoin is the coin – similar to how Zerocash is the technology and Zcash is the coin.
There is, however, a connection between the two currencies: Zerocash was built on Zerocoin’s concept, although it wasn’t a fork of the Zerocoin blockchain. Zerocash was built to address the perceived shortcomings in Zerocoin.
Who’s Behind ZeroCoin
Zcoin was proposed by Johns Hopkins University professor Matthew D. Green, along with graduate students Ian Miers and Christina Garman. The team proposed Zcoin as an extension to the bitcoin protocol, adding true cryptographic anonymity to bitcoin transactions.
The team originally proposed ZeroCoin as a mixing service built on the bitcoin blockchain. Today, however, it’s a separate blockchain with its own currency. The team eventually launched Zcoin on September 28, 2016 to demonstrate the power of their ZeroCoin Protocol.
Introduction to Zcoin, the first Zerocoin cryptocurrency
Zcoin Update - 31 October 2017
For more information about ZCoin visit:
https://zcoin.io/
https://www.reddit.com/r/zcoin/
https://www.facebook.com/zcoinofficial/
https://twitter.com/zcoinofficial
https://www.reddit.com/r/zcoin/
There is good chance Zcoin will be listed on Binance soon.
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Disclaimer
This is NOT a financial Advice. I'm an investor who are showing what I self investing in. Do your own research before making any investment decisions.
Sources:
https://bitcoinexchangeguide.com/zcoin/
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More Info: Abuse Guide - 2017.
quite informative. Though why Zcoin over Zcash ?
I found this video for your answer, he can give you a much better and quicker answer.
for a long term investor, looks like the arguments holds good. On RSA, trusted setup etc, I think that's an entirely different matter
for mining, what IMHO matters is easy of proof computation. And do you know which one will be easier ? - assuming we are part of a pool to mine either one of Zcoin or Zcash
crypto is a highly volatile market, you have to keep an eye of what your investing in every day, we dont know what will happen next month or week.
sorry can't answer to that. I'm not into mining.
good point @palani personally I will not invest in something so volatile as the blockchain technology as you said too many variables
@palani - started mining zcoin few days back. Looks promising. The community is quite active as well. Lets see how this goes. Just wanted to give a heads up :)
This deserves some attention. Upvoted and resteemed :]
Voted! I'm going to buy 100 XZC today!!!
wish you massive profit :)
Nice post man! :)
upvote & resteem
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Good imformation
Forgive my ignorance, but what advantages does this have over other private currencies. Like Dash for example.
from an investor's perspective. Zcoin is small Cap. it mean high reward.
Dash is big Cap. small reward.
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Honestly speaking, I haven’t previously heard about this option at all. But looks very interesting. I like to hear your comments about Cryptonetix - http://cryptonetix.com, and perhaps if you can analyze it in your next post. I have over 1k worth tokens of theirs, so really interested in knowing what you guys feel about it…. Will look forward to your reply….. Thanks
https://coinmarketcap.com/currencies/zcoin/
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Thanks @palani they are really cool aren't they
Thanks for this pointing out the Zcoin potential. I wrote this article which is targeted to people still dragging their feet and feeling like they missed the boat and that it is too late to participate in the exploding crypto/blockchain sector. https://steemit.com/cryptocurrency/@motowngold/bitoin-crosses-7000-dollars-what-can-you-do-about-it-some-investing-ideas-including-crypto-related-stocks
ZCoin (XZC) has a smooth and steady price increase over the last month
I wonder if it is still worth investing on it even at this high price.. https://www.tokens24.com/coin/zcoin/
.. and you were right. Will give XZC a try. What about fees to pay for Zcoin transactions?