NewsPrice Analysis

Zcoin Price Analysis – XZC/USD Price Slightly Increased by 1.34%

In the world of altcoins, we can never expect lack of momentum, one of the coin that recently entered the top 100’s is – Zcoin. It seems that the coin is taking baby steps with slight growth.

According to coinmarket cap, the coin has increased 1.34% against USD and trading at $8.37 USD. But, in terms of XZC/BTC the price declined by 0.15% with the coin is trading at 0.00157152 BTC respectively.

Currently, the coin has entered in the top 100’s and is ranking in 91st position, holding market cap $61,162,855 USD with $1,132,547 USD  24 hour volume and 7,311,374 XZC circulating supply.

Basically, Zcoin (XZC) was established on Sep 2016 as an open-source privacy-focused cryptocurrency token. To allow privacy, Zcoin uses zero-knowledge proofs through the Zerocoin protocol.

Zerocoin is a cryptocurrency built as extension to the Bitcoin protocol to add cryptographic anonymity to Bitcoin transactions. In particular, Zcoin operates a multi-node model where mining nodes verify blockchain transactions and Znodes store blockchain data.

Recently, The privacy-centered Zcoin platform have opted for going totally private, and thus gave up all the  names so customers’ transactions would not be traced even by the most state-of-the-art blockchain experts using the best DLT tracing software.

What is your opinion on this price increase in Zcoin? Share your thoughts on our Twitter and Facebook pages.

Rich Snippet Title
Show More

Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

2 × two =

Back to top button