ZCoin

XZC

Zcoin (XZC)

Rate in usd

$ 4.1369399 (+1.50%)

XZC (+1.50%)
LOW 24H
$ 3.95
MAX SUPPLY
$ 44.50 M
HASHRATING ALGORITHM
Lyra2Z
BLOCK NUMBER
324800
HIGH 24H
$ 4.29
CURRENT SUPPLY
XZC 10,756,058.8
PROOF TYPE
PoW
BLOCK REWARD
0

ZCoin is a cryptocurrency that employs the Lyra2Proof of Work algorithm for hashing. It’s an execution of the Zerocoin protocol (http://zerocoin.org) which guarantees totally anonymous financial transactions thanks to RSA-2048 Zero-Knowledge proofs that the system uses to demonstrate that someone owns a Zcoin while maintaining their anonymity. Despite all its advantages the Zcoin protocol did suffer from a typographic bug that lost the network around $400k. Even then, Zcoin’s privacy features meant that no user information was divulged.