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Topic: [ANN] Zcoin (XZC) - Implementing ZKP privacy without trusted setup - page 401. (Read 663349 times)

legendary
Activity: 1611
Merit: 1001
What's the current network hashrate?
hero member
Activity: 590
Merit: 500
Zcoin seems better
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
translation bounties? i can do filipino if there's some bounty for translation Roll Eyes
sr. member
Activity: 1004
Merit: 268
Firo (FIRO)
full member
Activity: 232
Merit: 150
From the ZCash integration docs:

Quote
PRIVATE TRANSACTION PERFORMANCE

On a quad-core benchmark server, generating a private transaction consumes ~3.2 GB of memory and ~50 seconds of compute time. On a 32-core Amazon EC2 server, compute time is around ~30 seconds.

If that is the case, you'd need a supercomputer to use ZCash.

I'll stick with ZCoin for now. It runs on a normal computer and actually works.
hero member
Activity: 616
Merit: 503
@Mansa_Godson
legendary
Activity: 3808
Merit: 1723
hero member
Activity: 616
Merit: 503
@Mansa_Godson
this is NOT zcash correct ? 
hero member
Activity: 673
Merit: 500
Looking good!

Just posted on Slack:
We have approved zcoin for trading beginning 10/08/2016, pending code review.  Good luck with your project!
All The Best,
Bittrex Bill
sr. member
Activity: 1004
Merit: 268
Firo (FIRO)







   


Announcements

24 December 2018

We are pleased to have a new Zcoin pairing with XZC/XRP on Binance!

19 December 2018

Version 0.13.7.6 is released. This is an emergency release to address a bug that would allow malicious actor to create duplicate Zerocoin spends from multiple inputs. Please make sure to upgrade all wallets and Znodes to latest version.

11 December 2018

Version 0.13.7.5 is released. Mandatory upgrade that needs to be installed regardless if you had issues or not.

23 November 2018

Version 0.13.7.2 is released. Hard fork which will activate MTP is scheduled for December 10th.

13 November 2018

We are proud to be a part in making real life blockchain based voting a reality. Over 127,000 voters throughout Thailand voted to select Thai Democrat Party's new party leader with their votes recorded on Zcoin's blockchain.

24 October 2018

We are thrilled to finally release MTP to bring back Mining for The People! Make sure to upgrade to 0.13.7.1 in time!

10 October 2018

We are happy to announce the launch of Zcoin's smart asset layer, Exodus.

3 October 2018

Today Zcoin got listed on Japanese exchange Bluebelt!

28 September 2018

Zcoin turns two today!

17 August 2018

We are excited for Zcoin to be listed on Huobi exchange, consistently ranked among the top 3 exchanges in the world. Deposits to be open today while trading to begin on Monday.

6 August 2018

We are happy to announce that Zcoin is listed on Turkey's leading exchange Sistemkoin with three pairings, TRY (Turkish Lira), BTC and USDT.

2 August 2018

We are happy to be listed on QBTC, an exchange backed by BTC123, China's largest digital currency/blockchain portal with a CNYT and USDT pairing.

26 July 2018

Version 0.13.6.6 released. Mandatory update for Miners only.

18 July 2018

We are proud to be added as an investment option on Prism Exchange from the Shapeshift family!

13 July 2018

We are happy to announce that Zcoin is now finally available on the Ledger hardware wallet. The Zcoin app can be downloaded from the Ledger Manager and used together with the Electrum and Znode tools.

5 July 2018

Zcoin is now available on coinexmarket.io with a wide variety of pairings.

20 June 2018

Zcoin listed on Koinex, India's largest cryptocurrency exchange.

3 June 2018

Version  0.13.6.3 released. Mandatory upgrade with hard fork on block 89300 (est. May 28)

16 March 2018

Zcoin hard fork to new Zerocoin scheme has been completed. If your wallet isn't syncing, make sure you are on French Drop v13.5.7.

10 March 2018

Zcoin "French Drop" v0.13.5.7 released. Mandatory upgrade with hard fork on block 78500 (roughly 14-15 March 2018).

12 Feb 2018

We are happy to be listed on Exbase https://exba.se/  an anonymous exchange that doesn't require personal identity information with global withdraw options via VISA or international wire.

11 Feb 2018

We are happy to announce six new additions to the growing Zcoin team!

Getting the Wallet

https://github.com/zcoinofficial/zcoin/releases
https://github.com/zcoinofficial/zcoin/wiki/Installation

How to Mine

https://github.com/zcoinofficial/zcoin/wiki/Pool-Mining-Guide

FAQ

What is the distribution for Zcoin?

There will be 21 million Zcoins. Zcoin follows the same halving cycle as Bitcoin (every 4 years). 10% of the total Zcoin supply will be distributed to the Founders Reward as time passes. In the first 4 years, 20% of Zcoins will be distributed to the Founders Reward. In other words, during the first 4 years, 40 Zcoins will go to the miners and 10 Zcoins will go towards the Founders reward. After the first 4 years, the block reward goes completely towards the miners.

What will Zcoin's Founders Reward be used for?

The Founders Reward will be given to early investors, developers, and Zcoin community members. We also have bounties for various tasks, such as Zcoin core development, web development, graphic design, marketing, ect. If you'd like to help out, please email or message us on Slack.

Is Zcoin a fork of Zcash? What are the primary differences?

Zcoin is not a fork of Zcash in anyway. First of all Zerocoin is the tech, Zcoin is the coin, similarly to how Zerocash is the tech and, Zcash the coin.

Zcoin uses Zerocoin technology from the Zerocoin paper. This is a very well peer reviewed paper with over 200 citations.

Zcash instead uses the Zerocash paper.

Although Zerocash is a development from Zerocoin meant to address certain perceived shortcomings of Zerocoin, they are not simple forks of each other and rely on different protocols.

Zerocash was meant to improve on Zerocoin on these issues:

a) Zerocash's proofs are much more smaller than Zerocoin's
b) Zerocoin uses fixed denominations to mint (1, 25, 50, 100) while Zerocash is not subject to such limitations
c) Greater anonymity with Zerocash since sender/receiver/amount are all obscured.

However Zerocoin's advantage over Zerocash are as follows:
a) Although Zerocoin's proofs are larger and occupies more storage space, the computational requirements to generate a private transaction are many times faster. Zcash requires large amounts of RAM and minutes of computational time. Zerocoin requires seconds to use and is not memory intensive. Basically Zerocoin uses more storage space but is computationally much less intensive.
b) Parameter generation for both Zcoin and Zcash requires a trusted setup but Zcoin's parameters are arguably less controversial. (https://github.com/zcoinofficial/zcoin/wiki/Parameters-in-set-up-phase-for-Zerocoin-in-ZCoin). A zero trust parameter setup is also within our roadmap.
c) Most importantly is that in Zcoin, total supply is still visible so if there's a flaw and someone is secretly creating coins for themselves, this can be much more easily detected. With Zcash, if a flaw is exploited, it may be almost impossible to detect as someone can mint coins for themselves without being detected.
d) Zerocoin's tech is much more reviewed and better understood than Zcash's. Zcash's use of zero knowledge proofs uses ZK-Snarks is much more experimental and only a handful of people understand it.

Here at Zcoin, we believe that multiple zero-knowledge cryptocurrency implementations is a blessing to society. Like Zcoin, Zcash is also enabling individual freedom and open commerce to the world by increasing financial privacy. We applaud the work that the Zcash team is doing. With that in mind, it is important to understand the inherent tradeoffs between the Zerocoin and Zerocash protocols. Zcoin has some major advantages over Zcash, as well as significant disadvantages. By increasing awareness of these tradeoffs, privacy-centric users can more effectively use either coin tailored to their concerns and specific use cases.

You may also read more at our blog post.

ROADMAP


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