Zcoin was founded by Johns Hopkins professor Matthew Green and Poramin Insom, and went live on September 28, 2016. It focuses on privacy and anonymity of transactions through its Zerocoin protocol, and it was the first coin to adopt it. This protocol, a form of zero-knowledge proof, allows for the masking of transactions and transaction amounts. XZC was initially called Moneta upon public release and the testnet phase (Dec. 18, 2015), but was changed with its mainnet released. The coin is minable because it runs on a Proof of Works (PoW) algorithm, which rewards miners for supplying computing power for the maintenance of the blockchain.
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