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....
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A group of European hackers is holding an ICO for an altcoin that it claims is a version of ZCash that has improved privacy and anonymity, the group announced in a prepared statement. The self-described “ethical” hackers group views this altcoin, called Ebitz, as suited for use on the Deep Web. Ebitz tokens will be available for purchase through Dec. 26 or until it reaches its 500 BTC goal. Unlike ZCash, Ebitz doesn’t support “founder rewards.” The consensus algorithm has been changed to proof-of-stake to prevent the platform from being controlled by few centralized GPU farms. An Improved....
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....
Zcash encounters technical problems, Mintcoin proves controversial, and BipCoin makes its debut. Want to catch up on your latest altcoin news? Read the stories below. ZCASH. Zcash, the latest addition to the world of altcoins, has encountered a bug that prevents private transactions. The official website states: “There is one known bug, which causes private transactions (those in which all of the inputs and outputs are shielded addresses) not to get mined. We’re going to release v1.0.1 shortly to fix it.” Funds sent to “t” addresses can be processed, while “z” addresses are out of the....
Zcash trading goes through the roof; ether is the highest-performing cryptocurrency of 2016, and cross-border payments are possible through Ripple. Want to catch up on your latest altcoin news? Read the stories below. ZCASH. The recent launch of Zcash created a trading frenzy on Poloniex the other day, causing the price to reach an impressive $2 million per coin. It appears the currency’s status changed within a mere matter of seconds, although some attribute the high-level price hike to a potential error which may have added a few zeros to Zcash’s end. Presently, Zcash is in incredibly....
We’ve seen the Bitcoin scaling debate rise in fervor, come to a head, and die down without a substantial resolution. Many of its by-products are much maligned by the community, but despite the balkanization and unproductive argument that has become integral to bitcoin on social media, Bitcoin continues to be more or less an attractive option in the blockchain ecosystem. No amount of squabbling and negative press coverage will change that for the core user base. However, there are a few disturbing trends highlighted by the seemingly endless debate about how bitcoin should evolve. These....