Tag: Zcash

Over the past several years, the number of privacy-centric altcoins in the crypto asset market has risen, as has the value of the leading privacy-centric altcoins. Personal financial sovereignty has always been high on the agenda of bitcoin users and has been, for many, the key driver for adopting bitcoin as a currency in the first place. However, due to…

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Strict Anti-Money Laundering (AML) and Know-Your-Customer (KYC) laws need to be enforced for financial regulators and banks to consider cryptocurrencies as a legal tender, observes the Payments Source. Anonymity: A Boon or Bane? While cryptocurrencies have anonymity at the center of their ethos, several countries consider the lack of identity linked to a transaction akin to a criminal doing. For…

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Kingdom Trust, a qualified custodian that specializes in unique custody solutions, announced it is now accepting Zcash (ZEC) and Stellar Lumens (XLM) to its list of acceptable cryptocurrency investments. Cryptocurrency Provide Diversification Opportunities Kingdom Trust is considered as one of the leading qualified custodians holding cryptocurrency investments. In addition to ZCash and Stellar Lumens, the qualified custodian also accepts 7 other…

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On June 26, 2018, privacy-centric protocol Zcash will undergo its first hard-fork. The upgrade is named “Overwinter” and takes place at block 347,500 assuming a hash rate of 150 seconds per block. Setting the Foundation According to a Zcash Foundation post on the development, the hard fork serves to fortify the protocol for additional upgrades to the network, including replay…

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While bitcoin is the most popular and valuable decentralized digital currency in the market today, it is not without its issues. One of the main challenges that the Bitcoin network faces is a lack of transaction privacy. To address this, a number of altcoins with a focus on privacy have been introduced into the market. The largely positive market response…

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The Freedom of Press Foundation (FPF), an organization that protects and defends adversarial journalism, journalists, and whistleblowers is currently accepting cryptocurrency donations.   Any donations will go towards supporting projects like SecureDrop, an open-source whistleblower platform that is currently being used by over 60 different news organizations internationally. The FPF stated: “We are pleased to announce that press freedom supporters…

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The Zcash Foundation has historically maintained an anti-ASIC stance and condemns the rising threat of mining centralization. Now, the foundation collaborated with researchers to study and analyze the percentage of ASIC miners present across the mining network. Study to Detect ASIC Miners in Zcash Bitmain’s announcement to launch a dedicated Equihash ASIC miner was not taken well by the Zcash…

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Cryptocurrency communities are often compared to tribes. As a result, it can be hard to objectively compare the different technologies and advantages of each cryptocurrency. To cut through the noise for privacy-focused cryptos, a Google spreadsheet has surfaced on the internet, allowing for users to see differences between different cryptocurrencies. The sheet, titled “Privacy Coin Matrix,” the focus is on…

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Mainichi Shimbun, one of the most influential and oldest newspapers in Japan founded in 1872, reported that more than 30 billion yen, worth about $270 million, were laundered through cryptocurrency exchanges by organized crime groups in Japan since 2016. Cryptocurrency Main Source of Money Laundering In Japan, organized criminal groups dominate the underground economy, with the Yakuza, an organized crime…

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The hype leading up to cryptocurrency-focused conference Consensus is second to none, with crypto markets historically experiencing bull runs in the days after, and during, the event. The bullish sentiment can be attributed to a plethora of positive news, related or unrelated, released in the course of the event, which may incite traders, financial institutions, and the general populace to…

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