Ad
related to: zerocoin privacy protocol crypto mining
Search results
Results from the WOW.Com Content Network
Zerocoin is a privacy protocol proposed in 2013 by Johns Hopkins University professor Matthew D. Green and his graduate students, Ian Miers and Christina Garman. It was designed as an extension to the Bitcoin protocol that would improve Bitcoin transactions' anonymity by having coin-mixing capabilities natively built into the protocol.
In late 2014, Poramin Insom, a student in Masters in Security Informatics from Johns Hopkins University, wrote a paper on implementing the zerocoin protocol into a cryptocurrency with Matthew Green as a faculty member. [11] [6] The project to create a standalone cryptocurrency implementing the Zerocoin protocol was named "Moneta". [12] [13]
Zcash is a privacy-focused cryptocurrency which is based on Bitcoin's codebase. [4] It shares many similarities, such as a fixed total supply of 21 million units. [5] Transactions can be transparent, similar to bitcoin transactions, or they can be shielded transactions which use a type of zero-knowledge proof to provide anonymity in ...
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
The Zerocash protocol uses a similar model (a variant known as a non-interactive zero-knowledge proof) [22] except that it can obscure the transaction amount, while Zerocoin cannot. Given significant restrictions of transaction data on the Zerocash network, Zerocash is less prone to privacy timing attacks when compared to Zerocoin.
The protocol wants to make crypto products free to use by extending on-chain ownership and verifiability across existing blockchains.
The algorithm issues new coins to miners and was designed to be resistant against application-specific integrated circuit (ASIC) mining. Monero's privacy features have attracted cypherpunks and users desiring privacy measures not provided in other cryptocurrencies. A Dutch–Italian study published in 2022 decisively concluded "For now, Monero ...
Ad
related to: zerocoin privacy protocol crypto mining