Zcoin is a decentralized digital cryptocurrency that is designed to protect the anonymity of the user. On the basis of the coin lies the Zerocoin Protocol, which implies a constant destruction and (XZC). Not to open up helps limited denomination, and the 70-minute lock coins after they are created. 10 December Zcoin will be hardwork. Tell about its main innovations.
In December 2016 team Zcoin told about the plans to abandon the algorithm Lyra2z. To replace it was the so-called Merkle Tree Proof, which is often referred to by the acronym MTP. The new algorithm will increase decentralization and will reduce the chances of an effective attack 51%. This feature is relevant on the eve of the hackers .
Hardwork will spend exactly two years later — on 10 December at 15:00 Moscow time. The result Zcoin is updated to version 0.13.7.1 and will be the first cryptocurrency with the implementation of the MTP.
Prepare for adforce depend on the role of the network participant. Let us examine them separately.
theTo begin with we recall a General rule that applies to all. Before update be sure to make a full backup of the file wallet.dat and private key. Click on File menu and select the appropriate button. The file is stored in a safe place.
The Details of the process of backing up the wallet is described .
theThe Old client versions will no longer work after upgrading network. Be sure to upgrade to version 0.13.7.1 until December 10 to avoid problems.
theIn the case of ignoring the update to version 0.13.7.1 owners Znode will cease to receive a reward after hard forks. Next you need to do the following:
theIf you bought masternode or shares in them , to do nothing.
theMine work on ccminer from the team Zcoin, download . In the near future the developers will also share .
theNothing complicated Here — management needs to be updated to version 0.13.7.1 until December 10.
theMining Zcoin on the new algorithm after a hard forks will be available on 2Miners. To get to the desired pool click .
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
SEC again postponed ETF on Bitcoin. The next review — in February
the Commission on securities and stock exchanges of the USA has again postponed a decision on Bitcoin. The SEC announced the date of the next revision of the decision on 27 February 2019. Recall that we are talking about the appro...
Market capitalization is lying. How then to assess the cryptocurrency?
According to a new resource for monitoring , the level of support of Bitcoin is the exciting new metric in the capitalization of the stock market, which allows to predict the future of BTC and altcoins. The name chosen was importa...
Craig, I'm sorry: mine Bitcoin to 43% more profitable than Bitcoin SV
before the hard forks of Bitcoin Cash Craig Wright has teamed up with CoinGeek founder Calvin Eyre to any means to sabotage the activities of the opposing team Bitcoin ABC. Both were hoping their fork will get more support in cryp...
Now official: in 2018 was the worst for Bitcoin
the Recent fall to 14-month low automatically made this year the worst period in the history of Bitcoin. Just three weeks ago, the cryptocurrency was trading at $ 6300, that is 54 percent lower than the year before. Flat on the ma...
What Zcoin? The key benefits, differences from other coins and prospects of the project
Bitcoin does a lot of advantages. Cryptocurrency allows you to send millions of dollars available to work weekends and not subject to blocking by governments. However, there is one inconvenience: the data about the transaction is ...
The opinion of capturadora: Bitcoin is already at the final stage of a bear market
After a significant collapse of the market bears are apparently not going to calm down. Experts believe that the bottom is somewhere nearby, and it's time to accumulate scriptactive. That is the bulls will not be able to enter the...
The demand for cloud mining is increasing. How so?
Some of the miners does not stop the fall of cryptocurrency, they are still investing in production of digital assets. Recently, a British company, Argo Blockchain grew by 146 per cent increase in sales of own tariff plans for the...
Analyst Bloomberg: Bitcoin will drop to $ 1,500 in the near future
it is too early to relax: Bitcoin is not going to get out of the bearish trend. Bloomberg does believe that the main bitcoin will open the way to $ 1,500. Only at this level we can talk about the beginning of the present phase of ...
On Coinbase started trading zcash for. Will there be growth?
in November, one of the most famous kryptomere added support for confidential cryptocurrency zcash for, but the trade still was impossible. Today for some types of clients have the opportunity to buy, sell, send, receive and store...
Bitcoin will definitely grow to 20 thousand dollars by the end of the year. But not this
Can't remember how many times well-known experts and analysts predicted a sharp rise or fall of Bitcoin? Over the past year, dozens of them talked about a new price high before the end of December, but in recent years they have su...
Coming a new wave of altcoins. CEO Binance confirmed the launch of Binancechain
the world's Largest cryptocurrency exchange has decided to launch its own public blockchain. According to the CEO , it will happen “a couple of months or something like that”. In the near future we should expect millions of new co...
Attack 51: hackers broke into Vertcoin and stole 100 thousand dollars
Attackers have compromised replica that was created with the aim to prevent the miners form the pools and to create a monopoly in its network. Security expert mark Nesbitt said that the Vertcoin blockchain has been compromised 51 ...
Bitmain is dying? The alleged losses of the company reach a billion dollars after hard forks BCH
In the Internet appeared fresh rumors regarding the financial largest miner . Experts believe that the total losses of the company reached a billion dollars after the fall of Bitcoin Cash. Earlier, analysts had published financial...
Why the future of cryptocurrency is much lighter than it looks? According to early investor
Head .com Roger Ver believes that cryptocurrencies will be a very bright future, despite the current negative sentiment in the market. According to him, many investors are afraid of death, financial technology present in its infan...
Technical analysis: Litecoin is not going to grow, we continue to short
the rollback Period for most altcoins after the fall of the stock market seems to have ended. Almost all coins now gradually returning to the downtrend, which inevitably drops the crypt to the new support lines. While Bitcoin was ...
Tron is preparing for bullrun. When to expect growth?
In recent years, Tron attracts even more attention, cryptocommunist. Recently, the coin surpassed Monero by market capitalization and stuck in 10th place in the ranking of cryptocurrencies. While the daily volume of transactions T...
Still two stripes: how did the Bitcoin logo?
Today we will look at some of the circumstances that led to the emergence of distinctive character and now all so familiar logo of Bitcoin. If you believe the information on the Internet, the original Bitcoin logo represented one ...
KuCoin salistie Ripple XRP on an exclusive basis. Waiting for growth?
early In the week, one of the most popular kryptomere KuCoin announced the listing on their trading platform. In an official statement, the exchange is proud to announce the cooperation with another large project. At the moment th...
Comments (0)
This article has no comment, be the first!