Project Name: Zcoin
Coin Ticker: XZC
Market Cap: $40,704,569 (as of 22 April 2020)
Exchanges: Binance, Bittrex, Huobi, HitBTC, DigiFinex, Satang Pro, OVEX, Indodax (many others)
Mining Algorithm: MTP
Block time: 5 minutes
Original code base: Bitcoin with masternode code from dash
Founder’s reward or analog: 8% to founders 6% to development (ending in September 2020)
Development Team: Poramin Insom, Peter Shugalev, Andrey Bezrukov, Tadhg Riordan, Putta Khunchalee, Panu Suksomonsin, Levon Petrosyan, Aram Jivanyan (Research), Tigran Mamikonyan (Research)
Privacy Protocol:
How does the project protect users?
Through allowing people to destroy their coins, and then redeem them for brand new ones with no previous transaction history.
Explain the Anonymity Sets (per txn):
Up to 16,000 per denomination but with Lelantus we are targeting 100,000
Privacy By Default, can it be switched on/off:
Privacy opt in but with Lelantus it will be privacy opt out for our official wallet users
% tx Anon: 3%
Wallets
What OSs does it support? Windows/Mac/Linux
GUI Wallet: Yes two. QT and a rich GUI that’s using Electron Vuejs
Mobile Wallet: Android and iOS
Mobile wallet support is through Coinomi and ZelCore
Why is privacy important to your project team?
Privacy is an important property of cash that we are giving up by moving to a cashless society. Bitcoin furthers this problem by making every transaction available for anyone with an internet connection the ability to see and track. Zcoin provides an alternative to give the users the ability to choose and control their financial privacy.
What makes your project stand out above other projects?
Zcoin has been a pioneer in the blockchain privacy space.
It was the first coin to implement Zerocoin, Dandelion ++, and Sigma.
It’s so the team behind the development of the Lelantus protocol.
The Lelantus protocol system has several advantages over other protocols that use knowledge proofs to break down the links between coins. A trustless setup, relatively simple cryptography, and simple and easy to audit constructions.
The world’s first large-scale blockchain-based political election was held on Zcoin’s blockchain in 2018 . The Thai Democrat Party, Thailand’s oldest political party, held a primary election to elect its new party leader on Zcoin blockchain with over 120k votes being cast.
What do you have in the works for future development?
•Deterministic Masternodes + Core upgrade
•Implementing the Lelantus privacy protocol
•BTC/ETH/etc swap capability into XZC within wallet (no KYC with TOR)
•BIP47 Receiver Address Privacy (RAP)
•Chainlocks
•Mobile client
•GUI light wallet option
•Lelantus direct anonymous payments
•Exodus Sigma with ZTM
What is the path to mass adoption of your project?
We believe that it’s important to make Zcoin spendable in as many places as possible.
In Zcoin became the first cryptocurrency which can be used nationwide in Thailand at five million merchants registered via the Thai QR code system through the Satang App.
Zcoin is also on Polispay payment platform (prepaid mastercards and gift cards), Bidali (gift cards), and Travala.com (1.7 million accomodations in 90,000 destinations worldwide.)
Important links:
https://zcoin.io/zcoins-privacy-technology-compares-competition/
Telegram — https://telegram.me/zcoinproject
Forum — https://forum.zcoin.io/
Facebook — https://www.facebook.com/zcoinofficial/
Reddit — https://www.reddit.com/r/zcoin/
Bitcoin Talk — https://bitcointalk.org/index.php?topic=1638450.0
Discord — https://discordapp.com/invite/4FjnQ2q
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