New Coins Seek to Cash in on ZCash’s Problems

New Coins Seek to Cash in on ZCash’s Problems

Just as the recent arrival of ZCash pushes it claim as the leading anonymous digital currency over Monero, a new coin is now seeking to relieve ZCash of the same claim, tagging itself as “an advanced version of ZCash with better privacy and selective transparency.” Ethical hackers. Developed by a group of European ethical hackers, Ebitz touts itself as a new version of ZCash, minus its two identified problems - more than 20 percent of the supply within the first four years will be allocated to private investors, and a slow start mining solution with few private investors having access to....


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Are Amazon Coins designed for breakage?

Your cash has never been more valuable. Amazon is set tolaunch its Amazon Coin this month. It's an interesting move and one that paves the way for other retailers to soak up a lot of cash with very little effort. There's nothing new about companies offering gift tokens, but this is currency -- and word has it that several other large brands are developing their own versions to be wrapped in their own corporate identities. As a customer, you'd be offered cheaper goods for using their currency. For example, with Amazon Coins, you might pay less for a product than if you paid with cash. So....

Altcoin Report: Ebitz Takes Advantage of Zcash’s Problems

SolarCoin rewards energy-savers, Ethereum fans look to buy-buy-buy, and Ebitz takes advantage of Zcash’s problems. Want to catch up on your latest altcoin news? Read the stories below. SOLARCOIN. SolarCoin began in January 2014. Its specific purpose is to reward users of solar energy, so it’s a good time to enjoy the benefits of “clean” electricity. People who live in homes using solar energy panels or “commercial solar electricity producers” may claim the currency as they consume their sun-sourced engery. One megawatt hour equals one SolarCoin. The platform keeps an active ledger of....

Why The XRP Price Is Set To Repeat ZCASH’s Legendary 40x Rally

A new XRP price chart shared by market analyst Mikybull Crypto suggests the digital asset could be on the verge of a significant price rally similar to Zcash’s legendary 40x breakout. Setting modest price targets of $8 to $10, Mikybull’s projection comes as XRP consolidates around the $2 mark, a level that technical analysts believe […]

Why Zcash Beats Monero And Even Bitcoin: MIT Research Scientist

MIT research scientist and Zcash co-founder Madars Virza has set off a fresh round of privacy-coin debate after arguing that Zcash’s shielded pool delivers materially stronger anonymity than Monero’s ring-signature model—and that Zcash’s design choices also give it an edge over Bitcoin in a post-quantum world. Virza framed the discussion with a pointed update to […]

Korean Economy Will Go Coinless In The Near Future

It appears there will no fee for this new service, making it a free alternative to dealing with coins. Korea is the next country in the world planning to end cash slowly. The country’s Central Bank outlined a pilot program to pursue a coinless society in the coming years. This new service allows consumers to receive small change from retailers as a top-up on a prepaid card. An interesting spin on things, although it may quickly sell the end of physical coins and banknotes in Korea. This new venture by the Korean Central Bank sounds quite appealing, on paper. Rather than forcing a banknote....