Zcoin XZC to Crown CRW Exchange

Crypto Pair Details: XZC to CRW

Zcoin XZC

Zcoin (XZC) is a cryptocurrency focused on privacy and decentralization. It is the first coin to implement the Zerocoin protocol that enables financial privacy through the power of zero knowledge proofs with a focus on making privacy easy to use. It is also set to be the first to release MTP an ASIC resistant, anti-botnet proof of work algorithm that remains lightweight to verify to ensure fair distribution of coins and decentralized security. Zcoin is an open source decentralized cryptocurrency that focuses on achieving privacy and anonymity for its users while transacting. To achieve this privacy and anonymity, Zcoin uses zero-knowledge proofs via Zerocoin protocol which is one of the most cited cryptography papers at this point in time. In other words, when you transact using Bitcoin or Ethereum or something similar, your transaction history is always linked to your coins by default which makes you vulnerable. That, because all it takes is one link to your personal information or IP to find out the origin of the coins.However, if you transact using Zcoin’s Zerocoin feature, none of your transaction histories is linked to the actual coins and only the receiver and sender know that you have actually exchanged funds. Zerocoin is a cryptocurrency proposed by Johns Hopkins University professor Matthew D. Green and graduate students Ian Miers and Christina Garman as an extension to the Bitcoin protocol that would add true cryptographic anonymity to Bitcoin transactions. Zerocoin was first implemented into a fully functional cryptocurrency released to the public by Poramin Insom, as Zcoin who is also the lead developer, in September 2016. At the initial stage, Zcoin uses the Lyra2z algorithm for proof of work, then they will transition to a Merkle Tree proof of work algorithm, known as MTP. MTP is a unique memory hard algorithm that aims to solve several problems. Memory hard algorithms help prevent the development of ASICs which lead to centralized mining farms. Memory hard algorithms also prevent the use of botnets infecting computers for mining purposes. If a botnet was using up multiple gigs of memory, you’d be likely to notice something is wrong. “The basic concept is that it should establish the same price/cost for a single computation unit on all platforms meaning that there is no single device that should gain a significant advantage over another for the same price hence promoting egalitarian computing.

Crown CRW

Crown describes itself as a multi-channel scalable Blockchain solution provider leveraging environmentally friendly technology that has been evolving since October 08, 2014, the date of the Genesis Block of Crown. Crown aims to provide a complete ecosystem including the ability to create blockchains, smart contract data, governance and scalable analysis for single- or multi-chain custom projects hosted directly within the Crown Platform's network. Crown Platform aims to provide scale benefits with low ecological impact because it is based on the MNPOS protocol, reducing operating costs and carbon footprint. Crown Plateform offers specific research, development and production functionalities via NFTs. It aims to offer interoperability of concrete solutions and optimal security within its decentralized network. Users can create DApps, remote programs, various games and move towards a new form of non-fungible interactive chain marketing, laying the foundation for tracking and analyzing data in the global chain. Crown Platform aims to become the ideal multi-channel solution for real, daily, cheap and accessible use at any time. This is now a time of great opportunity to harness the power of Crown to make the exploitation and use of your assets, any value of public data that is not fungible on an unchangeable Blockchain database at any time, accessible.

SOURCE: COINGECKO

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