Zcoin XZC to Zebi ZCO Exchange

Crypto Pair Details: XZC to ZCO

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.

Zebi ZCO

Zebi is a young and innovative organization founded, mentored and managed by Oxford, MIT, Stanford, and IIT veterans and thought leaders from Silicon Valley with experience in Google, Uber, Amazon, Microsoft, and Oracle. Zebi specializes in providing Blockchain based offerings to governments and enterprises to leverage and protect their high value and sensitive data. India’s big data generation is increasing exponentially and is expected to reach 3 Zebibytes per year (Zebibyte = 1024^7 bytes) by 2020, driven by continued growth of internet usage, social networks, proliferation of smartphones, as well as the digital initiatives and structural reforms undertaken by the government. At the same time, incidents of data crimes such as data hacks, data leaks, data tampering, identity thefts are on the rise, which are costing Indian organizations and consumers more than $30 billion annually. Zebi specializes in providing blockchain based solutions to governments and enterprises to leverage and protect their high value and sensitive data. Zebi is one of the few enterprise grade product companies based in India offering best of the expertise of Silicon Valley at Indian prices Recognizing the need and opportunity to enable with technology the enforcement of data protection regulations, Zebi has created a Blockchain driven, unique and holistic solution to make high value and sensitive data readily available for legitimate use. Zebi safeguards data against hacking and tampering, while obtaining consent from individuals. The solution comprises of Zebi Chain™ to provide immutability to critical records, coupled with a central hub called Zebi Data Gateway which enables secure and instant data exchange through Data-as-a-Service (DaaS) APIs. Zebi’s innovative, proprietary solution set is one of the first in industry and is patent pending.

SOURCE: COINGECKO

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