Zcoin (XZC) Ranked 92 in Coin Market Daddy Currencies Index. Zcoin (XZC) price is $4.63. It has a current circulating supply of 8,810,068 XZC and a Marketcap of $40.8M. Today Zcoin price is up (0.19%). $531.64K worth of Zcoin (XZC) has been traded in the past 24 hours. Zcoin (XZC) currency type is coin (mineable). XZC trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Zcoin (XZC) and contribute to CMD Cryptocurrency Encyclopedia.
"Zcoin is a privacy coin. Founded in September 2016, it was the first project to implement the Zerocoin protocol to enable anonymous transactions. Network-level privacy is provided by both Tor and Dandelion, with Zcoin being the first coin to implement the latter.
Zcoin uses the novel proof-of-work algorithm MTP which seeks to provide ASIC resistance by making memory the limiting factor in the computation. This approach reduces the potential for any computing method to gain an edge over the others.
Expected to launch in Q1 2019, Zcoin will remove their trusted setup by implementing the Sigma Protocol. Later that year, Zcoin are expected to have implemented Lelantus, a novel privacy protocol which provides complete transactional privacy (hidden senders and receivers) and confidentiality (hidden amounts) without the need for a trusted setup."
Zcoin is an implementation of the ZeroCoin Protocol, designed to be the world’s most private cryptocurrency protocol. One of the key innovations of the ZeroCoin Protocol is its use of Zero Knowledge Proofs, which guarantee complete financial privacy anonymity....