What is ZCoin?
The Zcoin (XZC) cryptocurrency is built on the Zerocoin paper fundamentals. The Zcoin puts the anonymity into its focus by using zero knowledge proof technology similar, but still different from Zcash. In Zcoin, users create obfuscated transactions by burning the coin they wish to spend. Upon doing that, they are left with a mathematical coin burning proof, which they then use to procure a freshly minted coin, with no transaction history. In addition, the proof does not hold a traceable link to the coin you burned. The Zcoin utilizes Proof of Work verification operating with the MTP (Merkle Tree Proof) algorithm. The MTP relies on egalitarian computing that discourages the pooling of mining power and centralization of network influence.
|Market Name||Traded On||Average Price||24h Volume|
|XZC/BTC||Binance, Huobi, Bittrex, upBit, Cryptopia||0.00159267 BTC||$303,318|
|XZC/THB||Bitcoin Exchange Thailand||331.11 THB||$5,521|
Fundamental Cryptocurrency Data
|Circulating supply||5,757,841 XZC|
|Total Supply||21,400,000 XZC|
|Trading volume of all markets for this coin||$317,266|
|ZCoin XZC Prices||
0.01 XAU (= 0.28) grams GOLD
0.72 XAG (= 20.41) grams SILVER
|Marketcap|| 9,167 BTC|
1,370.95 kg gold
117,679.87 kg silver