► Complete Review: https://www.coinbureau.com/review/zcoin-xzc/
► FREE Giveaway: https://www.coinbureau.com/promo/giveaway
► Mining Zcoin: https://www.coinbureau.com/mining/zcoin/
► Edge Wallet: https://www.coinbureau.com/review/edge-wallet/
► Coinomi: https://www.coinbureau.com/review/coinomi-wallet/
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⛓️ 🔗 Helpful Links 🔗 ⛓️
► Website: https://zcoin.io/
► Zerocoin Whitepaper: https://zcoin.io/storage/2016/11/zerocoinwhitepaper.pdf
► GitHub: https://github.com/zcoinofficial/zcoin
► Dandelion: https://zcoin.io/what-is-dandelion-and-how-it-can-improve-zcoins-privacy/
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📱️ Socials 📱
► Official Blog: https://zcoin.io/blog/
► Twitter: https://twitter.com/zcoinofficial
► Telegram: https://telegram.me/zcoinproject
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📝 Project Overview 📝
Zcoin is a privacy focused cryptocurrency that allows people to transact anonymously in a unique and scalable way.
Up until very recently, Zcoin utilized the Zerocoin protocol. This protocol was originally built as an extension of Bitcoin.
In July of 2019 they released their Sigma protocol
⚙️ Technology ⚙️
The zerocoin protocol involved destroying your Zcoins to mint a Zerocoin – these were coins with no transaction history.
This process of creating new coins is called “minting”. The Zerocoin protocol was built on something called a “trusted setup”.
Another problem with the Zerocoin protocol is that it had a number of vulnerabilities. This is what spurred the Zcoin developers to move away from Zerocoin to Sigma.
Sigma has a number of benefits over zerocoin but perhaps the most important is that it does not have the trusted setup or the fatal flaws.
Zcoin has a hybrid PoS and PoW blockchain. They operate a MTP algorithm for hashing and also have masternodes called “Znodes”. (they require 1,000 coins to stake).
There is a “Founder’s Reward” which will be paid to the Zcoin developers until at least 2021.
Finally, there is also Tor integration as well as Dandelion on the Zcoin protocol. These are able to mask the IP and hide your location.
💰️ Token 💰
The Zcoin network has a native coin that goes by the ticker “XZC”.
Given that it is based on the Bitcoin protocol, it has a maximum coin supply of only 21 million Zerocoin.
👨💻️ Team, Partners & Development 👨💻
Poramin Insom is the founder of Zcoin and he actually proposed the idea in a university thesis back in 2014.
His professor at the time was Mathew Green who created the Zerocoin protocol.
The extended team has experience in blockchain engineering, software development, cryptography and many more.
They have also been hard at work which can be seen in the number of GitHub commits over the past year.
📈 Trading & Wallets 📈
Zcoin is listed on a number of exchanges including MXC, Coinex, Binance, Huobi etc.
In terms of volume, the top three exchanges control over 85% of it. On each of the individual exchanges there appears to be a relatively strong level of liquidity on the books.
For storage, your best bet is probably the Zcoin native wallet although it is also supported on mobile on the Edge and Coinomi wallets.
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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