Review on Zcoin by Robiul Islam
Private financial transactions, enabled by the Zerocoin Protocol.
No Big concerns for Zcoin. Solid coin.
This is another privacy focused coin which uses the 0coin protocol, but its adoption of the MTP algorithm makes it ASIC resistant, which does come with a set of advantages and disadvantages.
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Select the number of coins you want to do when you want to send a private transaction with Zcoin. Your normal Zcoin Balance will be automatically reduced and you will be credited with a new currency with any transaction history. Basically, your old currency is burned cryptographically, thus by using it again by someone else and being managed in your transaction history. With no history credit is given to you with new currency, and so there is total supply.
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Updated 4 years ago
Rating changed from 4 to 3
I think Zcoin should be the top privacy coin, but I'm in an echo chamber here.
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I don't think we are out of the woods yet! so I'm keeping my expectations in check. We haven't seen something big for a long time though and sometimes you can do everything right but still at the whims of market direction. Just keep building rather than chasing for news for that short pump.
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Pros
- Their Goals & Vision is clear.
- They have Very Low Token Supply.
- Private Transactions.
- Technically Sound.
- Well Explained Token Usage.
Cons
- Like any privacy coin requires large adoption to drive price.
