Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy
by
Telepo
on 30/05/2017, 15:15:13 UTC

Some very promising updates have been pushed for the sync fixes. They mainly come from the 0.13 core code and this has been contributed by Leoreinaux. A lot of the sync problems were cause of the older Bitcoin core and how it handled orphans and sockets.

For MTP there's also good progress yesterday. After discussion with djm34 and tromp, we found a way to resolve the two remaining obstacles we had which was mining difficulty and the low hashrate we were achieving with our reference implementation so the path to completing it is clear now.


Financial privacy is our main aim where we want to achieve it while striking a balance between high anonymity, usability, scalability with strong and proven cryptography while keeping supply auditable. However the Zerocoin tech also has other applications such as use in voting systems or blind auction systems so we potentially can use it to build a platform for such things.

Our mining algorithm also is pretty groundbreaking by allowing a memory hard asic resistant algorithm that can be verified quickly.

From the investor standpoint, Znodes will offer participants a way to earn XZC by contributing back to the network through their computing resources while earning a portion of the block reward.

It's very interesting to see this notice. I think we are closer to the MTP algo. Devs are trying to work hard to complete it and I believe it will be released soon . Patience is a key of success. Don't miss this chance .

You are right. I have bought some coins to hold it for long-time period and I don't care How long this MTP is released because I have my trust in this project and new specifications of zcoin.