Review of Zcoin: BB — Stable Outlook and Moderate Risk

TokenInsight
Sep 16 · 4 min read

TokenInsight has recently published the rating report for Zcoin, which has received a project rating of BB with a stable outlook.

❔What is Zcoin:

Zcoin (XZC) is an open-source privacy-focused cryptocurrency token that launched in Sep 2016.

Key Points:

✅ In July 2019, Zcoin officially launched the Sigma anonymity protocol to replace its previous Zerocoin protocol. As an important part of the next-generation anonymity protocol Lelantus, the Sigma protocol features small proof sizes and requires no trusted setup.

✅Zcoin, as an anonymous payment token, still falls behind Dash, Monero and other leading projects in market segments with relatively low total market capitalization.

✅ In terms of development progress, Zcoin has reached most of its initial goals on schedule, including the upgrade of its Lyra2z consensus algorithm to a more ASIC-resistant MTP algorithm and the launch of the next-generation Sigma anonymity protocol.

✅ In terms of organization and governance, Zcoin maintains a centralized operational body, and has financed its initial rounds of investments and core team independently.

✅ According to Zcoin’s token distribution mechanism, from September 2016 to December 2017, 4% of block rewards was distributed to founders and 12% to seed investors.

✅ The Zcoin team has a relatively high proportion of technical developers, and its technical personnel, including internal advisors, generally come from strong educational backgrounds, rich theoretical research experience, and extensive industry knowledge.



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TokenInsight is an independent third-party data analytics organization whose focus is to provide accurate information and ratings on companies developing in the blockchain industry. TokenInsight is dedicated to providing accurate ratings, research, and analytics that contribute to intelligent financial decisions and market transparency.

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