Zerocoin Protocol

Regal Wallet Banner

The Zerocoin protocol is a privacy protocol that improves the anonymity of Bitcoin transactions by having built-in coin-mixing capabilities. Professor Matthew D. Green and his graduate students from Johns Hopkins University proposed the protocol in 2013. Zerocoin isn’t compatible with Bitcoin yet. Coin mixing obscures cryptocurrency transactions by splitting them into multiple transactions using multiple types of cryptocurrencies. 

Zerocoin protocol

The Bitcoin community didn’t agree with this feature being added to Bitcoin. For this reason, Zerocoin launched its own cryptocurrency Zcoin (XZC). Zcoin uses the Dandelion protocol that hides the IP address of a sender without the use of a VPN. 

Business24-7 aims to help those interested in cryptocurrency make safe and informed investing decisions. We are dedicated to offering our readers unbiased reviews of leading cryptocurrency exchanges for traders at all levels. Cryptocurrency exchanges are included in our reviews if they are safe, liquid, regulated by proper authority, or decentralized. 

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Previous articleVirtual Currency Law in Iran
Next articleBitconnect – SCAM ALERT
Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.


Please enter your comment!
Please enter your name here