What is ZCoin (XZC)? How does it work?

in zcoin •  5 years ago 

ZCoin aims to bring more anonymity to the crypto currency ecosystem …

Offering special financial transactions provided by the Sigma Protocol , the Zcoin platform aims to solve Blockchain’s current problems.

What is ZCoin (XZC)?
Zcoin aims to increase individual freedom. Ensuring financial confidentiality, Zcoin is also working to guarantee freedom of investment. ZCoin also believes that the freedom to trade provides peace and prosperity between countries and cultures. Ensuring financial secrecy, Zcoin offers direct transactions, an important feature for free investment.

However, although there are many anonymity solutions for crypto currencies, ZCoin’s major goals are to provide the highest possible anonymity and to rely on well-defined crypto protocols without compromising availability, the control of the crypto currency source.

How Does ZCoin (XZC) Work?
According to the ZCoin website, all transactions must be stored in a book called Blockchain to solve the “double spending problem .. Noteworthy studies by ZCoin show that the techniques used to analyze social network topology can also be used to analyze Blockchain.

In addition, Zcoin Sigma Technology allows its users to convert a crypto money in the public notebook into a special crypto money, break transaction links and provide complete privacy. Zcoin uses Tor integrated into the platform to hide the IP addresses of its users .

MTP stands for Merkle Tree Proof and uses Zcoin’s unique proof-of-work algorithm, which focuses on ASIC resistance and egalitarian mining for all participants.

On the other hand, anonymity is one of the most important goals in ZCoin. Instead of having a limited level of anonymity, Zcoin has an anonymity system that can scale to thousands of people and, unlike other solutions, is not subject to process chart analysis, covering all crypto currencies in a particular RSA accumulator ak

Where to Buy XZC
Zcoin aims to avoid the risk of using crypto currency with a fully transparent account book and all the financial details of the public with Bitcoin , and for this purpose presents its own crypto token XZC to its users.

XZC is available from a number of well-known crypto money exchanges such as Binance and CoinEx.

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