Review on Zcoin by owez meredow
ZCoin bar yes.
Zcoin uses the Zerocoin and Zeo-knowledge protocols, one of the most powerful and reliable encryption methods, to perform unknown operations to protect users' privacy. None of the Zerocoin transaction records are related to the real currency and the amount of exchange currency will only be reported to the customer and the sender.
Since Zcoin is considered a Zerocoin-based cryptocurrency, it provides little evidence of knowledge; In fact, it means that users have every opportunity to send and receive coins without disclosing which coins they belong to. According to the Zerocoin protocol, any cryptocurrency experiences a cycle of burning and throwing. This cycle guarantees that the state of the coin will be eliminated; Thus, when using cryptocurrency, the ability to determine cryptocurrency and associate it with previous operations is eliminated.
: ZCoin protection is used by nodes distributed around the world to block. Znodes works as a separate node (s) that receives nodes from the ZCoin block to help secure nodes and help ecosystems.
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Pros
- This is one of the few that can be used in electoral processes to protect the privacy of voters.
- Repeat operations in a safe place.
- Uses meaningful and reliable protocols.
Cons
- The plan needs to be further developed and promoted.
