submitted by atomarsofficial to Atomars [link] [comments]
What is Zcoin?
Zcoin, also referred to as XZC or Zerocoin, is an open source decentralized cryptocurrency that provides privacy and anonymity for its users when making transactions.
To achieve its privacy and anonymity, Zcoin uses zero-knowledge proofs via the Zerocoin protocol, which is at this moment in time one of the most cited cryptography papers.
According to Wikipedia, in cryptography, a zero-knowledge proof or zero-knowledge protocol is a method in which one party proves to another party (the verifier) that a given statement is actually true.
In other words, in a transaction with Bitcoin or Ethereum or something similar, your transaction history is always linked to your coins by default, leaving you vulnerable. All it takes is one link to your personal information or IP to find out the origin of the coins.
However, when you trade with Zcoin’s Zercoin feature, your transaction history is not linked to the actual coins. Only the receiver and sender know that the funds have actually been exchanged.
How Does Zcoin Work?Zcoin works on the Zerocoin protocol by enforcing Zero-knowledge proofs. Here are the components of Zcoin to explain how it works.
Mint: When sending a private transaction with Zcoin, all you need to do is select the number of coins you want to mint. Post that your normal Zcoin balance would reduce automatically and you will be credited with new coins and no transaction history. In essence, your old coins are burned cryptographically, which prevents anyone else from using them again and being directed to your transaction history. You get credited with new coins with no history, while the total supply is maintained.
For now, you can only mint in denominations of 1, 10, 25, 50 and 100. If you choose ‘100’ coins to be minted, for instance, you will instantly be credited with 100 new Zcoins with no history attached to them.
Zcoin’s VisionZcoin seeks to improve things that Bitcoin hasn’t been able to so far, some of which include fungibility, privacy and miner’s centralization.
Users of Zcoin can enjoy full fungibility and privacy along with demolishing miner’s centralization by implementing a better proof of work algorithm called MTP.
Total Zcoin supply
Only 21 million units of Zcoin will ever be produced. Currently, there are about 3.4 million units in circulation, with the rest yet to be mined.
But the total supply has increased by 388450 XZC units after a Zcoin code bug, which the team refused to roll back due to economic reasons, which is why the total supply stands at approximately 21.4 million.
Every 10 minutes, a Zcoin block is mined and 50 coins are generated, making 72,000 Zcoins per day.
Market cap of Zcoin
According to CoinMarketCap, the total circulating supply of Zcoin is 5,757,841 XZC and the current unit price is $9.6. That makes the market cap approximately $55 million*.*
How To Buy Zcoin CryptocurrencyIf you are looking to get some Zcoin, here is a list of resources where it can be bought from.
Zcash is a decentralized and open-source peer-to-peer cryptocurrency that provides strong privacy protections. It was created as a fork of Bitcoin and, like bitcoin, it also has a hard limit of 21 million coins. Unlike bitcoin, however, Zcash offers total privacy for its users maintaining the absolute anonymity behind each transaction along with the parties and the amounts involved in it.
PIVX, which stands for Private Instant Verified Transaction, is an open-source, decentralized form of digital online money that uses blockchain technology. This makes it easy to transfer all around the world in an instant with low transaction fees with market leading security & privacy. PIVX focuses on privacy, security, anonymity, and instant transactions.
Monero is a fast, private, secure and untraceable digital currency system that uses a special kind of cryptography to keep all its transactions 100% unlinkable and untraceable. With Monero, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity.
Some Zcoin misconceptions
There are some misconceptions regarding Zcoin:
Zcoin’s Future & RoadmapZcoin’s future is quite promising and worth watching based on these interesting milestones on their roadmap:
Zcoin Team & ProgressZerocoin is a cryptocurrency proposed by professor Matthew D. Green, a professor of Johns Hopkins University, and graduate students Ian Miers and Christina Garman. It was proposed as an extension to the Bitcoin protocol that would add true cryptographic anonymity to Bitcoin transactions.
Zerocoin was first implemented into a fully functional cryptocurrency and released to the public by Poramin Insom, the lead developer, as Zcoin in September 2016.
Some of the notable dev members of the team are listed below.
Founder and Core Developer
Poramin Insom created what was the world's 4th most valuable cryptocurrency in February 2014. He is also the world's first person to implement stealth addresses in QT-Wallets, improving cryptocurrency anonymity. He earned a master’s degree in Information Security from Johns Hopkins University, where he wrote a paper on a proposed practical implementation of the Zerocoin protocol.
Alexander N. aka Aizensou is a full-stack developer who has experience in many programming languages (C++, C#, Python, Perl, Java etc.) and has been involved in the cryptocurrency space since 2013. He has a broad development portfolio from low level APIs in Python and C++ to Android native applications in Java. In addition to his involvement in cryptocurrencies, Alexander was doing his P.h.D. in machine learning at a German university from 2012 to 2016.
Saran Siriphantnon is the CTO of Satang.co/Satoshift, a fintech company focusing on creating an open financial system for Southeast Asia. He served as President of the Computer System Administrator Group at King Mongkut's Institute of Technology Ladkrabang.
Tadhg Riordan is a 24 year old Software Developer from Wexford, Ireland. He recently completed his MSc from Trinity College Dublin, where he worked with Blockchain privacy mechanisms, focusing particularly on Zero-Knowledge Proofs and the Ethereum platform. He is a strong advocate for the adoption of cryptocurrency and for complete financial privacy.
Apart from these, their team comprises of other developers, community managers, support personnel and advisors who maintain the required balance.
Advisors:Aram Jivanyan (Cryptography Advisor): Co-Founder at Skycryptor & KMSchai
Torphop Korgtadam (It Security Consultant): Senior Vice President, Head Of Internal Audit Strategy, Innovation and Decision Science at United Overseas Bank Limited
Alexander N. aka Aizensou (Advisor)
Unique/Key Features Against Its Competitors:
|Rate (per day)||107.80||1494.28|
Generated with BBoe's Subreddit Stats
Changpeng Zhao, chief government officer of Binance, exploded onto the cryptocurrency scene in Leaked ‘Tai Chi’ Doc Reveals Binance’s Elaborate Scheme To Evade Bitcoin Regulators New World Times Speaking with Bitcoin Magazine about the partnership, Binance.US CEO Catherine Coley emphasized the transformative power of cryptocurrencies and how they can shape our world. “I see a lot of value in what cryptocurrencies offer by way of disintermediation, and I think it is important that U.S. citizens have access to these currencies that will play a crucial role in the future of currency ... Global decentralized cryptocurrency exchange Binance Group and WazirX are going to share the same stage to foster the growth of the Indian startup ecosystem. The collaboration has set up a $50 million (Rs 370 Crore) blockchain technology fund for India weeks after the Supreme Court struck down the curbs on cryptocurrency trade in the country. The reason for Binance launching its own blockchain is buried deep within the statement, but it arrives, eventually: “As a public blockchain, Binance Chain will mainly focus on the transfer and trading of blockchain assets, as well as provide new possibilities for the future flow of blockchain assets. Binance Chain will focus on performance, ease-of-use, and liquidity. Binance Coin (BNB ... Bitcoin : Binance joins the Blockchain Association … and oust Coinbase. cvbj.biz 08-12. The Blockchain Association is a lobbying group of crypto companies, which was formed in 2018. It brings together exclusively companies American, in order to “promote American leadership within the industry”. Among the list of members are Ripple, the Stellar Foundation, Kraken, Grayscale, eToro, and ... Bitcoin-Kurs über 11.000 US-Dollar, über eine Million aktive Adressen ; Wieso wir in einer bargeldlosen Gesellschaft Bitcoin brauchen; Jetzt handeln: Bitwala. Ein Bankkonto, Krypto-Wallets & Trading vereint. Jetzt Kryptowährungen kaufen und verkaufen über das kostenlose Konto von Bitwala. Plus500. Schnelleinstieg für den Handel von Krypto CFDs. Kryptowährungen handeln bei einem der ... Matic — one of the first tokens to originate upon Binance Launchpad has witnessed one of the harshest dumps in crypto history, falling a massive 66% in … Institutional Crypto Investors Flag Regulation a ‘Risk and Reward’ for Bitcoin. By Z24Crypto Posted in Binance Bitcoin Bitcoin Research Blockchain News Cryptocurrency News News Regulation. Posted on July 21, 2019. Binance has ... — Use this Binance Referral ID code “MMT30EAI” while creating a new account. You will get a lifetime discount of 20% over every trade: ... bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, news, best investment, top altcoins, ethereum, best altcoin buys, 2020, top altcoins 2020, bitcoin crash, xrp, cardano, chainlink, ripple, buy bitcoin, digibyte top altcoins, bitcoin ... Binance users can now buy Bitcoin with practically all of the fiat currencies in existence; Binance, which is one of the leading cryptocurrency exchanges in the world, has partnered with the peer-to-peer crypto exchange Paxful. Via this partnership, Binance users can now use 167 different fiat currencies to buy Bitcoin. Binance Brings Jobs, Education and Investment. The Premier of Bermuda, Edward David Burt, announced on Friday his government’s new partnership with cryptocurrency exchange Binance. Under the signed agreement, the company is to establish a Global Compliance Centre in the country creating forty jobs. Binance will also invest $10 million in ...
[index]          
That has further increased the potential of a Long Squeeze given the bitcoin price keeps falling. On Binance, the funding rate is higher at 0.0942. That said, a $100,000 long order, for instance ... Profit Trading di Binance Futures dengan Funding Fee - Duration: 15:21. Bitcoin Indonesia 600 views. 15:21 . Teknik Entry OP di Binance Future dan Menentukan Posisi Long dan Short - Duration: 15 ... In dem Video zeige ich euch wie ihr Kryptowährungen wie TRON (TRX), Algorand (Algo), Tezos (XTZ), VeChain (VET), Fetch.ai (FET), ATOM, Harmony (One), Elrond, NEO, Stellar (XLM) und QTUM bei ... binance hack, survey against CSW, declining bitmain hasrate and more! Social Media: Follow me on Dlive: https://dlive.tv/MrSotko Follow me on Twitch: http://... Mix Play all Mix - Bitcoin Trading Challenge YouTube Options Trading Tips: Ten Things I Wish I Knew Before I Started Trading Options - Duration: 42:36. SMB Capital 173,366 views Without them you will quickly lose your funds. For the purpose of educating yourself, watch this video and everything will become clear and simple. More content available on https://www.binance.vision Auf großen professionellen Kryptobörsen wie Bitfinex habt ihr auch die Möglichkeit eure Krypto Guthaben tageweise anzulegen und dafür Zinsen zu bekommen.Diese Vorgehen nennt sich Funding. Die ... Now that that’s out the way, I made this video so you guys can learn how to fund your accounts fast and easy so you can get ahead of the competition and start trading while they are waiting. It ... Are you ready to learn how to buy altcoins on Binance exchange? This Binance video tutorial is for beginners who have already invested in their first Bitcoin and are keen to explore trading with ... Cara Trading Bitcoin di Binance Futures Untuk Pemula - Duration: 23:25. ... Profit Trading di Binance Futures dengan Funding Fee - Duration: 15:21. Bitcoin Indonesia 1,217 views. 15:21. Trading ...