Exchange rate Zcoin:
21.47zł
Market capitalization
Volume (24h)
Supply in circulation
All-Time High
All-Time Low
Popularity by CMC
1h | 24h | 7d | 14d | 30d | 1y |
---|---|---|---|---|---|
-2.1% | -3.34% | -3.83% | 163.56% | 151.66% | 0.33% |
Oceń kryptowalute
Table f content
- What Is Zcoin (FIRO)?
- Founders
- Features
What Is Zcoin (FIRO)?
Zcoin is a cryptocurrency that was formerly known as Firo (FIRO), a cryptocurrency built on the Lelantus privacy protocol that allows users to burn their coins and rebuy them later for brand new ones that have no transaction history. Prior to Lelantus, it was also the first cryptocurrency to code and launch a practical implementation of the Zerocoin protocol which became one of the most prevalent privacy protocols in use, prior to it being replaced by Sigma and then Lelantus after cryptographic flaws were discovered in the Zerocoin protocol in 2019.
Founders
Reuben Yap joined the project shortly after its launch in 2016 and now leads the project in its overall strategy, development and research goals. Reuben has been a vocal advocate of online and financial privacy, having founded one of Southeast Asia’s earliest VPN services to combat censorship and is a well-respected speaker on the topic, with featured commentary in CoinDesk, BBC, Forbes, Nasdaq, Reuters and Cheddar News, among others. He assumed the role of Project Steward & Co-Founder in November 2019.
Features
- The Lelantus privacy protocol, as well as its predecessor, Sigma, rely on a specialized zero-knowledge proof called one-out-of-many proofs, a method that avoids the need for a trusted setup or complex math/cryptography assumptions while retaining high anonymity sets.
- Among its other achievements, it was the first project in October 2018 to deploy Dandelion++, a method of propagating transactions that protects IP addresses from being linked to transactions.
- In November 2018, Firo's (then Zcoin) blockchain was used in the Thai Democrat Party's primary election to elect its party leader. With over 127,000 votes cast nationwide, it is the world's first large-scale political election held on a blockchain.