Zcoin Employs Burn-and-Redeem Privacy Model, Offering Alternative to Coinjoins
The Lelantus protocol, launched on privacy coin Zcoin’s testnet, lets users redeem partial amounts of a total coin burn rather than all of it at once.
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Lelantus introduces “on-by-default” privacy while also allowing partial redemptions of Firo’s burn-and-redeem model.
When it comes to privacy in the vast realm of digital currencies, non-traceable software is a big deal. On September 28, ZCoin will launch the first cryptocurrency that utilizes the Zerocoin protocol, which promises full anonymity on the blockchain. A Cryptocurrency Using Zero-Knowledge Cryptographic Proofs Is Coming Soon. The popularity of anonymous....
Back in September, we reported on a new privacy-centric cryptocurrency called ZCoin. Since then, the digital asset has launched, and now trades on certain exchanges. Now, the core ZCoin team is committing to a monthly donation to Ross Ulbricht charities. ZCoin Stands With Ross Ulbricht and the Ideals of the Silk Road. ZCoin is a cryptocurrency that uses....
Is Chainalysis telling the truth? Do they have a super-secret decoding tool that can break Wasabi CoinJoins? The jury is out on that one. This article contains all the evidence available, though. Yesterday, journalist and Unchained Podcast host Laura Shin broke the Internet by allegedly identifying the Ethereum DAO hacker. In the article detailing the […]
The proof-of-work (PoW) cryptocurrency Firo announced that its protocol came under a 51% attack, notifying its holders to stop transactions. Formerly known as Zcoin, the privacy coin was reportedly subject of a blockchain reorganization attack. Firo Team Clarified the Attack Cannot Be Attributed to a ‘Coding Error’ According to a series of tweets published by Firo, the attacker breached the protocol on January 19, and they are working to restore operations. However, the Firo team clarified that the 51% mining attack is not the result of “a coding error but [the] nature of....