Review on Zcoin by Sauhan Silva
ZCoin
ZCoin is a cryptocurrency that had a decentralized blockchain and allows anonymity and security in the transactions of its users. ZCoin's technology is very similar to that of Bitcoin. Zcoin is the first cryptocurrency to develop and implement a special type of Stake Proof algorithm known as "Merkle Tree Proof Algorithm (MTP)". Zcoin aims to guarantee freedom of trade, ensuring financial privacy. Thus, by ensuring financial privacy, Zcoin directly guarantees fungibility, an essential property for free trade.
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Pros
- ZCoin operates on the Bitcoin network and is implemented as a sequence of extensions to the existing Bitcoin protocol.
Cons
- Nothing negative
