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:
Best Bitcoin Wallets; 5 Different Types Of Crypto Wallets. Any type of wallet is simply a combination of your private key and public address. Based on how and where you store them, you can categorize your wallets in the following segments. 1. Hardware Wallets If you are using Cold storage, a Paper wallet or generating vanity addresses you may have a need to import a Private key. Since Bitcoin-QT/bitcoind v0.6.0, you can import private keys using built-in RPC command importprivkey. Before v0.6.0, you needed to rely on third-party wallet.dat manipulation tool such as Pywallet. This article describes how to import a private key through the RPC API of ... Mobile Bitcoin wallets are specifically targeted for mobile phones and offer a different array of features to consider in the bitcoin wallet reviews. Advanced private key importing and message signing functionality is out, but features such as the ability to create payment requests in the form of QR codes, and scan such requests made by others ... It is likely that a copy of backup of a file would still have the .dat extension, If you have a file (which you will if you installed Bitcoin CoreData Recovery Forum Home . Can I import into anything other than litecoin-core? How can I get the private key from walletdat from 2011 Bitcoin software on WinXP?. How to run a full Bitcoin node. You are able get some info touching on bitcoin mining ... Send and receive crypto safely directly from your browser! Store, sell, stake, exchange and buy Bitcoin, Ethereum, Monero, Bitcoin SV, Tezos, Tron and many more! Die Begriffe Private Key (privater Schlüssel) und Public Key (öffentlicher Schlüssel) stammen aus der Informationstechnologie, speziell aus der asymmetrischen Kryptografie, die für die Verschlüsselung der Daten bei Kryptowährungen eingesetzt wird. Ein Private Key ist eine zufällig generierte Zeichenkette, die das Eigentum an der Kryptowährung repräsentiert und es dir ermöglicht ... Bitcoin Fees for Transactions How bitcoin api key blockchain to get my private key from my addressblockchain.info import blog writing job from home private key 'btchip-python' is a bitcoin api key blockchain librarySTEP bitcoin einfach kaufen paypal 3: The PyPI page for bitcoin-python leaves open the opportunity for anyone to take up the maintainer role for bitcoin-python, if they contact the ...
[index]          
Free soft download https://bit.ly/2tBZtwX auto webtrader autotrader web autotrader web binary multiprofit hack software key generator hack generator hack bot binary bot autotrader ad hack ad hack ... Live Bitcoin Trading With Trading Robot DeriBot on Deribit DeriBot Backup 126 watching Live now Auto Fast scanner Balance Bitcoin Address & Private Key - Duration: 10:55. BITCOIN PRIVATE KEY HACK TOOL 2020 #Blockchain hello, guys, I am here with the #private Key #Hacking tool #BTC you can find private key of BTC address by using the software. Download tool: https ... BITCOIN PRIVATE KEY FINDER 2019 - Duration: 5:17. Filez Kracker Recommended for you. 5:17. Binance API and SECRET KEY Tutorial - Duration: 1:50. Average Trader Recommended for you. 1:50 . The ... Bitcoin Key Finder is the #1 application for finding BTC Bitcoin Private Keys with a balance. It scans hundreds of BTC Bitcoin private keys per minute alerting if a private key is found with a ... Binance Tutorial on how to get registered & set up your 2FA. In this video I also go over how to get your API Keys & set them up with the Personal bot. For more information about Arbstar 2.0 ... Binance considered rolling back the Bitcoin chain in order to recover stolen funds. How would that have happened? How likely is it that such a recovery method would be executed in the future? Public and private keys - how to use the former one on your daily basis and how to protect the latter against access by an unauthorized persons. Security precautions in cryptocurrency world are a ... Private Key any Bitcoin Address ===== Download : "https://minerlock.com/lock/F1d111d07f149" ... private key 100% real you can get any address private address and hack bitcoin get this please email [email protected] also btc user join https://...