Read Zcoin (XZC) News, Price Prediction, Opinion and Analyses Created By Users

Zcoin (XZC)

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Zcoin is a privacy token founded in 2016 by Poramin Insom. The network uses the Zerocoin protocol, one of the earliest protocols attempting to offer full privacy, to shield transaction data. It was the first cryptocurrency project to implement the Zerocoin protocol. Early investors include Roger Ver.

The Zerocoin protocol uses zero-knowledge proofs to hide transaction data. Tokens undergo a process of minting burning. The XZC tokens that users have is spent and converted into Zerocoins and because the past history is erased, there is no link to the original sender.

Zcoin does not integrate Tor or a VPN, instead using the Dandelion protocol to mask the IP address of the sender. While Zcoin does use the Proof-of-Work consensus mechanism,  the development team has implemented Merkle Tree Proofs to allow more individuals a better chance at mining, by making the mining process more memory intensive and deterring the use of ASICs.

2019 is an important year for Zcoin, largely because of one reason: the project is implementing a new type of zero-knowledge proof that “does not require a trusted setup and offer improved performance and privacy.” Called the Sigma protocol, this is a monumental shift for the project, and according to the team makes the network much more scalable and private. The new protocol is expected to be released in 2019. Moving into 2020, the team will focus on, among other things, smart contracts, scaling solutions and quantum resistance research.

Reuben Yap of Zcoin on the Lelantus Protocol and Privacy in Cryptocurrency

16 Sep 2020 1 minute read 1 comment TheDesertLynx

Zcoin's project steward Reuben Yap comes on the podcast to talk privacy in cryptocurrency. He explains the main approaches to obfuscating transactions, from the decoy approach to the encryption approach (and hybrid models), and the different strengt...

GetBlock Partners Zcoin or How to Connect the XZC Node to Your Blockchain-based Project

2 Sep 2020 1 minute read 2 comments GetBlock

GetBlock is a service that provides connection to blockchain nodes of the most popular cryptocurrencies with JSON-RPC, REST, and WebSockets. Now you can immediately connect your app to a blockchain, as GetBlock relieves you from running a node yourse...

Zcoin released a MANDATORY update to their wallet - v0.14.0.5

23 Aug 2020 1 minute read 0 comments DimitarM

As of yesterday - 22th of August 2020, the Zcoin team released a mandatory new version of their wallet - This release is for users, exchanges, pools, miners and Znodes and will re-enable the Sigma privacy transactions functionality. It is r...

What exactly is Zcoin (XZC)? A forgotten privacy coin for sure!

2 Jul 2020 5 minute read 6 comments LiquidAttic

Yes, I'm going to talk about a privacy-related currency again! I know you have many different privacy coins. But I wanted to bring Zcoin to the spotlight because this project is snowed under by the rest and other types of projects. It's not that I li...

What is Zcoin (XZC)

2 Jun 2020 4 minute read 2 comments CryptoSorted

What is Zcoin (XZC) and what makes it different from the other (privacy-focused) cryptocurrencies in the market? This article will provide you with answers to these questions and more information on Zcoin and how it works so that you can make an info...

Zcoin Price Prediction 2020 and Long Term

20 May 2020 4 minute read 1 comment ChangeNOW

What is XZC? The XZC coin is the native currency of the Zcoin ecosystem. It is a decentralized and open-source asset that focuses on privacy and anonymity. XZC crypto transactions are confidential and it is not possible to trace their history or conn...

How to Mine Zcoin?

20 May 2020 6 minute read 1 comment ChangeNOW

What is Zcoin? Zcoin is a privacy-centered cryptocurrency that promotes anonymous transactions. The Zcoin code is based on Bitcoin and the coin was founded in 2016. It used to be dependent on the Zerocoin protocol. But, due to an incident that allowe...

Cryptocurrency Updates - 10/05/2020

10 May 2020 1 minute read 0 comments Gamer Boy1110

Stellar go Released Horizon Version 1.2.2 This is Bug Fix Release Download:     Zcoin (XZC) Released Electrum wallet version 3.3.8 - Addition 4   This is release is with Fixed Some issues  Download:   PIVX Released Core Version 4.1.0     This is U...

GPU Mining - XZC (Beginners' How-To Guide)

2 Mar 2020 5 minute read 13 comments Mynima

Back again with another mining article (7th in the series, 8th if we're counting ETN), if you're interested at having a go at mining some other coins then check out the rest of my blog here.  Before I begin there are a couple of things to remember; F...

ZCoin (XZC) Crypto Project | The twin brother of Zcash

24 Feb 2020 1 minute read 0 comments NassiroV

Image Source ZCoin is a cryptocurrency where privacy is at the heart of its protocol. It is based on Zerocoin technology. Its cryptographic properties are quite close to Zcash. Both use the “Zero knowledge” process to ensure confidentiality during t...