Tag: Zcash

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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 Adam Gibson, a Python developer and bitcoin researcher, stated private or anonymous bitcoin transactions are large in size but can be scaled with solutions like bulletproofs. Private Transactions are Larger than Public Ones Anonymous transactions are larger in size than normal transactions. As such, most blockchain projects consider scalability as the main long-term challenge that needs to be improved as…

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Privacy-centered digital currency Zcash is caught in an ironic dilemma, as a group of researchers discovered a series of code patterns which diminish the coins’ praised unique selling point; its anonymity protocol. Paper Debunks Zcash’s Prized Anonymity Titled “An Empirical Analysis of Anonymity in Zcash” and published on Scirate on May 8, 2018, the paper explores particular types of transactions…

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On May 8, 2018, the popular privacy-centric cryptocurrency project PIVX launched zPIV staking, the world’s first anonymous proof-of-stake consensus system. Anonymous Payment Project PIVX, which stands for Private Instant Verified Transaction, is one of the most promising anonymous cryptocurrencies in the market thanks to its active community and continuous network improvements. BTCManager first reported on PIVX in March 2017 when…

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Zcash’s efforts in investigating ASIC resistance have been renewed, thanks to the announcement of an upcoming ASIC from Bitmain. While the Zcash Foundation isn’t committing to anything as of yet, they are continuing to take community feedback on this topic. Zcash Foundation Commits to Researching ASIC Resistance While they are in the already looking at a proposed ballot for their…

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In an announcement via Twitter on May 3, 2018, Chinese crypto-mining giant Bitmain launched the Antminer Z9 mini, their dedicated Equihash Miner, which targets the mining of the Equihash algorithm used by coins such as zcash, komodo, and bitcoin gold. Bitmain’s Increased Product Range The product launch comes exactly a month after Bitmain announced their ethereum-focussed application specific integrated circuit…

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Japan’s Financial Services Agency (FSA) is reportedly pressuring cryptocurrency exchanges to drop Dash (DASH), Monero (XMR), Zcash (ZEC), and other privacy-centric altcoins in a bid to cut down on money-laundering and cyberhacking. Sources told Forbes that altcoins such dash, monero, and zcash have become increasingly popular among criminals, kidnappers, and hackers because they’re virtually untraceable. The FSA is particularly leery of…

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On April 25, ZenCash was added to the ‘conviction list’ of Digital Currency Group (DCG), a venture capital firm with over 90 investments in the blockchain and cryptocurrency space. ZenCash, a fork of Zclassic, which itself is a fork of Zcash, is an up and coming digital currency focusing on building a privacy ecosystem. According to CoinMarketCap, the altcoin is…

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