When it comes to privacy in the vast realm of digital currencies, non-traceable software is a big deal. On September 28, ZCoin will launch the first cryptocurrency that utilizes the Zerocoin protocol, which promises full anonymity on the blockchain.
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A Cryptocurrency Using Zero-Knowledge Cryptographic Proofs Is Coming Soon
The popularity of anonymous cryptocurrencies is on the rise. The necessity of privacy has become more evident with the advent of multiple blockchain tracking software startups. ZCoin, created by Poramin Insom and Gary Le, claim to enable complete privacy across its distributed ledger. The blockchain amplifies anonymity by using Zero-Knowledge cryptographic proofs.
Unlike Bitcoin, ZCoin reportedly obfuscates all data related to both senders and recipients. When the protocol launches, users will be able to run their wallets on the ZCoin network. The creators say