Zcoin

[Keihatsu]

Why does Zcoin get such a hard press?

They seem to be doing everything they can to make it the most anonymous coin, addressing some of the shortcoming of Monero and Zcash.

[cexylikepie]

Why does Zcoin get such a hard press?

They seem to be doing everything they can to make it the most anonymous coin, addressing some of the shortcoming of Monero and Zcash.

I remember they have announce about release MTP in next time, maybe in Septemter until November they will release this technology. For me, this coin is clone from Zcash, however the potential and current price still very promissing, special have a huge holder from China

[Keihatsu]

Why does Zcoin get such a hard press?

They seem to be doing everything they can to make it the most anonymous coin, addressing some of the shortcoming of Monero and Zcash.

I remember they have announce about release MTP in next time, maybe in Septemter until November they will release this technology. For me, this coin is clone from Zcash, however the potential and current price still very promissing, special have a huge holder from China

who is the huge holder from China?
do we know how much they hold?

[Rodriguez91]

 Zcoin Is a good coin worthy of me to buy it

[Febo]

Why does Zcoin get such a hard press?

They seem to be doing everything they can to make it the most anonymous coin, addressing some of the shortcoming of Monero and Zcash.

I remember they have announce about release MTP in next time, maybe in Septemter until November they will release this technology. For me, this coin is clone from Zcash, however the potential and current price still very promissing, special have a huge holder from China

I dont think ZCoin is a ZCash clone. IT has different technology to anonymize transaction. As I know ZCoin anonymization dont really work yet.

[billyj111]

Zcoin ?Generally for the first time I hear about such a coin .Can someone reset more details?

[zcoinofficial]

I dont think ZCoin is a ZCash clone. IT has different technology to anonymize transaction. As I know ZCoin anonymization dont really work yet.

You are right, Zcoin uses the Zerocoin protocol while Zcash uses the Zerocash protocol that are different anonymization systems. You can read more here:
https://zcoin.io/zcoin-and-zcash/

Anonymization works through Zerocoin. Check out some Zerocoin mint transactions.

Check out a sample mint transaction. As you can see 50 coins get burnt into a blackhole:

http://explorer.zcoin.io/tx/b827e91bee75e4abae8590206b088f05f6b9c563dc56e5e71c42da9523ebcccd
https://chainz.cryptoid.info/xzc/tx.dws?b827e91bee75e4abae8590206b088f05f6b9c563dc56e5e71c42da9523ebcccd.htm

This is a sample spend transaction. The 50 coins come out into a new address with no prior history nor linkage to its minting tx.
http://explorer.zcoin.io/tx/d75cd4bfae85bc278900eb4728f71eedea1dec2a16d3f18551dfcd43b413ac07
https://chainz.cryptoid.info/xzc/tx.dws?d75cd4bfae85bc278900eb4728f71eedea1dec2a16d3f18551dfcd43b413ac07.htm

As you can see the mints go into a blackhole. The spend similarly comes out from a blackhole with no transaction history attached to it.

[zcoinofficial]

who is the huge holder from China?
do we know how much they hold?

There's a richlist that you can check though a very big stash is in the BTC38 exchange.

https://explorer.zcoin.io/richlist

typical type of distribution for a newish coin

[zcoinofficial]

Why does Zcoin get such a hard press?

They seem to be doing everything they can to make it the most anonymous coin, addressing some of the shortcoming of Monero and Zcash.

Thanks for asking

Well personally I think there was some disappointment in the delay of MTP (which we had very good reasons for). We really wanted to have it released on time but recent academic submissions have made us decide to wait longer.
https://zcoin.io/core-upgrade-to-0-13-and-mtp-update/

In our early days we also had a lot of drama, from a questionable co-founder that has since been removed and also a hack that happened due to an understaffed dev team which are lessons we have learnt from and we have greatly expanded our capabilities and team from a single developer (Poramin) to where we are now.

https://zcoin.io/team/

There's also a lot of confusion thinking that Zcoin is a clone of Zcash due to the similar names and the further confusion between Zerocoin (which Zcoin uses) and Zerocash (which Zcash uses) or people that don't understand why Zerocoin has certain advantages over Zerocash.

In time, we are confident that Zcoin and its tech will shine It's actually promising to see that there are an increasing number of coins adopting Zerocoin or forking Zcoin for their own projects