What is Zcoin?

"Zcoin is the implementation of the Zerocoin Protocol, which is the world’s most private cryptocurrency protocol. Zcoin solves the privacy problem found in all previous cryptocurrencies. Zcoin implements a protocol called ZeroCoin, which allows users to have complete privacy via Zero-Knowledge cryptographic proofs. Zero-Knowledge proofs allow one to show ownership of a Zcoin coin without having to reveal which coin one owns."

-Zcoin.io
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General

TICKER SYMBOLS
XZC
AGE
3 years old (September 28, 2016)
CURRENT PRICE
$7.1
Updated 2 minutes ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$90.23
Last year
CIRCULATING SUPPLY
7,563,118 coins
Updated 4 minutes ago via coinmarketcap.com
MARKET CAP
$53,678,719
Updated 50 seconds ago
FOUNDER
Poramin Insom

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (21,000,000 coins)
PRE-MINED / RESERVED
Yes (2,100,000 coins)
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
10m
CURRENT BLOCK REWARD
40 coins
HASHING ALGORITHM
Lyra2RE
DIFFICULTY ADJUSTMENT
Every 6 blocks (~1 hour)

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