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When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of ZcCoin consists of three chapters: origin, technology and pros & cons.
On 8 August 2013, Founder and CEO Jianming Liu, launched Zcoin. Initially, Zcoin developed on the Bitcoin Protocol but when the community didn’t adopt it, they eventually launched it as it’s own blockchain. Being one of the major privacy coins where the ambition is to establish anonymous transactions and “real” decentralization in a unique and scalable way.
The ZcCoin has been built on a stand-alone blockchain. Its network started with framework using scrypt-jane. The Scrypt-jane algorithm used is based on POW+POS principle. In the beginning, the network gave 50 coins every minute for each mined block with a variable mining difficulty levels. Initially, the network needed 529o mining configurations while the network has a Nfactor starting from 12. The basic reason for creating this Bitcoin is to have a cryptocurrency with equal opportunity.
- The network since its beginning has a total of 1 billion coins that you can mine while they also carry a ZCC designation. Basically, the ZcCoin network has been built on exceedingly strong foundations.
- The coin is going strong as a growing yet small cryptocurrency.
- Initially, ZcCoin was meant to be placed on cryptsy.com and coinex.pw as the digital currency exchanges holding the same currency on their offer.
The price of this coin is up to $0.00611745 with regard to the Bitcoin and its price is: 1Z CC = 0.00000599 BTC. So, ZCC is a viable alternative if you wish to enter the world of cryptocurrencies. As there is such a vast number coins still to be mined, ZCC would be a good choice for traders and miners alike.
If you have concluded that this is the coin for you, congratulations! Buy ZcCoin here.