Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy
by
SffyHcB0E
on 30/12/2016, 13:58:20 UTC
Nothing here sounds anonymous at all. I can't understand why it is so important to know the devs wallet balances - sounds like a twist on an MLM scheme.

I find it very hard to believe that Roger Ver or any other investor wants his account balance known, or that it means a damn thing anyway - since any one of the devs could open up any number of anonymous accounts.

It is sounding more and more like a complete scam

Anonymity is not mandatory, but an option at Zcoin.
If you want to make your XZC anonymous, you send them to the accumulator and receive XZC with no transaction history back.
You can't hide balances at Zcoin. That's what helps you ensure that no flaw was found and abused to create tons of XZC in secret.
It's not bad to see that the devs and investors are holding (at least most of them).

Despite all the trouble, the design and implementation of Zcoin are great and there's some real development going on: implementing MTP right after having implemented the Zercoin protocol.
Zcoin doesn't tingle my scam sensors.