Why the Zcoin Cryptocurrency? With Bitcoin, anyone with enough incentive can manage to get details of transactions such as user addresses. Such data can be obtained through data mining of the Bitcoin blockchain. In specific transactions, it is possible to link a transaction to public addresses belonging to an individual.

Lately, i wrote of a way to get for free TRX, LRC and HSR from Binance, the post is here - Now you can do part of this tasks for free and even earn a bigger reward up to 3562 USD! Lets Make Some Free Money • You need to register for • buy BNB coin (its Binances coin for fees and services) or leave reply to this post with your BNB address. • Vote XZC community promised to refresh this thread for next 6 hours (thats when voting ends) and deposit 0.1 BNB to people who will need them for vote. If you already had account ie from my older post - you are still eligible for the free deposit. Now, there is voting for next coin to be added and XZC is offering a raffle with 500 XZC for grabs. So after buying or receiving your 0.1 BNB (just this little amount worth cents is needed) go to: (this link you wont find in profile, so first register then go there from here) and take screenshots/video of you voting for XZC Zcoin.

Now after the vote is done send your proof of vote to aaron@zcoin.io with the title Binance Lucky Draw from email account that you used to register with Binance. What Just Happened? So you just fulfilled part of deal to get free TRX from, got a chance of winning between 10 and 250 XZC (3600+ USD) and registered to one of coolest exchanges right now. And it costed you pretty much 0 money. Not bad for small sunday deal.

XZC Markets Binance Volume Follow, Resteem and VOTE UP creator of blog for 0day cryptocurrency news and tips! The Binance community vote is great, but you have some influence on Steemit.

Can't you see if you can organize it so that STEEM gets nominated for the community vote on Binance? AFAIK all that is needed is that a 'core developer' gets in touch with them. Once we can vote for STEEM, I'm sure out community is large enough to dominate any voting process. If we can get listed on Binance that would be great for STEEM, as it will open STEEM op to Asian markets, and draw much needed publicity to Steemit. I tried getting jerrybanfield to reach out to them but so far no succes, maybe you'll have more luck? Cryptocurrencies and blockchain are all over the news these days thanks to the market performance of bitcoin, and many people are jumping on this bandwagon. Here is a brief overview of what it takes to garner a share of this market.

Have an idea This is the most important step. The critical beginning of a successful cryptocurrency is to solve a problem. A “neat” or “cool” idea may have garnered attention at the end of 2016, but the market has advanced to the point where a solid business idea that either addresses an unmet need and/or creates significant cost savings is ­required to stand out from the crowd. The larger the market covered by the idea or the greater the cost savings that the coin offers means a better chance for success. Cryptocurrencies that target specific industries are increasingly common, so be sure that your coin is either the first in that area or has something unique in its approach that differentiates it from other coins. Dentacoin is the first crypto­currency engineered to disrupt the global dental industry, which is a large market worth more than US$440 billion.

Out of this, about $400bn is spent on treating dental conditions that could have been prevented. Simultaneously, the costs for patient acquisitions are getting higher, and this is reflected in the end consumer price for dental treatments. This is an example of a great market with significant cost savings. The high level of fragmentation in this industry also makes it an ideal use case for the blockchain technology to be applied.

Privacy coin Zcoin has announced specifications for its new “incentivized nodes” system to help secure its blockchain. Similar to DASH’s Masternode network, “Znode” machines will always host a complete download of the chain and assist other nodes in verifying complex transactions. Wiki SmartCash SMART Mining here. Also read: Join the to get the latest Bitcoin, cryptocurrency, and tech news updates: Zcoin Founders Take a Pay Cut to Reward Znode Operators Zcoin’s developers about rewards and requirements for Znode operators on the official website. They will need to hold at least 1,000 Zcoins (XZC), have a computer or VPS with a fixed IP address and 1GB of RAM — and enough disk space to store the entire blockchain (currently around 25GB). Znodes will receive 15 ZXC from each block reward, or 30 percent.

It’s estimated Znodes will hold about 50-60 percent of total XZC supply, depending on how many join. To pay node operators, Zcoin will also reduce its “founders’ rewards” system, which provided 20 percent (or 10 XZC) from every block mined to founding devs and investors.

Those founders, including Poramin Insom, Roger Ver and Tim Lee, will take a 50 percent cut in their income. Zcoin will also increase the reward share given to its “team and bounty wallet”. Znodes are currently running on the testnet and will launch live in late November/early December 2017.

The change will require a hard fork, and developers are communicating with miners to make sure it goes smoothly. Strong Node Layer Needed to Process More Complex Transactions Speaking to Bitsonline, Zcoin’s Reuben Yap said Znodes would “ensure a strong node layer” for the network. “Beyond the economical benefits, Zerocoin verification is particularly computationally intensive and proofs also take up quite a bit of size (25 kb currently).” Zcoin transactions use “zero-knowledge cryptographic proofs”, which its developers claim set a higher privacy standard than coins using methods like built-in mixing or ring signatures. Developers estimate around 1,700-3,000 Znodes will come online within the first year. As an anonymous/privacy coin, Zcoin will also need a trustless way to verify operators have the funds. Yap explained: “Although the 1,000 XZC is kept in your own wallet, it’s tagged to a specific address which you generate a key from.

You use this key in your Znode hosted elsewhere so that it links to your 1000 XZC and identifies it as a Znode, but does not expose your funds.” Price Spike and Privacy Coin Popularity Like fellow privacy coins DASH and Monero, Zcoin has enjoyed a price spike in the past few days. According to it’s, up 25 percent in the past day. That means Znode owners will need to hold $23,350 USD worth of the currency.

Note that Zcoin is different to — the similar names have caused some confusion for newcomers, especially given that both coins launched around the end of 2016. In case there’s some confusion over the different “Z-name” privacy coin projects, Zcoin’s: A common misconception is that Zcoin is a fork of Zcash. Zcoin is based off the Zerocoin paper while Zcash is based off the Zerocash paper. While the Zerocoin paper and Zerocash paper share common authors and both use zero knowledge proofs, they rely on different cryptography. There is otherwise no relation between the two projects.

Yap said some merchants (including “real-world” locations) have begun to accept Zcoin, but that hasn’t been a priority so far. Zcoin developers are focusing on user experience such as light wallets, hardware and mobile wallets first. “We are however exploring some very interesting markets, but will announce this as a later time,” he added. Have you ever used Zcoin? What’s your opinion? Komodo KMD Web Miner more. Please share your thoughts in the comments.

Images via Zcoin, Pixabay.