Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zcoin - The Zerocoin cryptocurrency, guaranteeing financial privacy
by
felixbrucker
on 19/10/2016, 21:42:09 UTC
i did not find anything using google and the faq, i accidentally minted a zerocoin, does this apart from the transaction fee result in a loss of xzc when converting back after 7 confirmations?

That's the way to obfuscate the originating UTXO!
You sent your coin to the accumulator, made a Zerocoin and once you convert it back to XZC you have a brand new looking, shiny XZC (minus tx fee).
At least that's how I understood the white paper.


its working exactly like this, thanks

just "spent" the matured zerocoin and have 1 xzc as unconfirmed incoming