Privacy on Ethereum is now possible through Aztec, a project using zero knowledge cryptography derived from Zcash to hide amounts for private tokens. The Aztec privacy network has officially launched on the Ethereum blockchain on Feb. 1. Using Zcash-based technology, it introduces confidential tokens where all amounts are cryptographically hidden. The network is currently in…
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The top crypto performers of this week have resumed their up move and are now likely to rally to their next overhead resistance levels. Several major altcoins have outperformed Bitcoin in January 2020. However, with the reward halving just over three months away, Bitcoin might play catch up. During the previous two halvings, Bitcoin rallied…
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Through recent polls, the Zcash community approved mining payout changes that will take effect at the coin’s halving in November. A recent poll revealed community support for Zcash mining reward changes, which will take effect in November 2020. With the Zcash Founder’s Reward terminating in November, the privacy asset’s mining situation has come into question,…
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Tron is set to introduce privacy technology based on zero knowledge proofs to its smart contracts, using copied Zcash code for the trusted setup. Tron (TRX) is set to feature zero knowledge-based privacy through the work of the TRONZ team. A trusted setup ceremony is set to be conducted soon, which Tron claims in a…
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Zcash released a Software Development Kit for both Android and iOS, which allows developers to easily build mobile wallets supporting shielded transactions. The for-profit developer behind Zcash (ZEC), Electric Coin Co. (ECC), has released on Jan. 15 a set of resources to facilitate the implementation of shielded transactions on mobile. This builds on early tests…
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Coinbase CEO Brian Armstrong believes that a “privacy coin” go mainstream in the 20s. Brian Armstrong, co-founder and CEO of United States-based cryptocurrency exchange Coinbase, said that he believes a “privacy coin” will go mainstream in the 20s. In a post published on Coinbase’s official blog on Jan. 3, Armstrong said that he believes in…
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Cryptocurrency holders are being warned against a Chrome extension for Ledger hardware wallets that allegedly contains malware that steals their seed phrases. Twitter user and software architect WizardofAus (@BTCSchellingPt) has warned cryptocurrency holders against a Chrome extension for Ledger crypto wallets that allegedly contains malware. In a tweet posted on Jan 2., WizardofAus claimed that:…
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What did 2019 bring by way of privacy coins in criminality, how have things changed, and what is the 2020 outlook? The right to privacy is a fundamental prerequisite for peace of mind and security. The idea that only criminals have something to hide is strange. Contrarily, privacy is sought by almost everyone. Yet, it…
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Open Privacy, a non-profit group working on a decentralized metadata-resistant messenger, received 1,044 ZEC from Zcash. The Zcash Foundation, the firm behind privacy-centric cryptocurrency Zcash (ZEC), has donated $40,000 to a Canadian private messaging developer. The Open Privacy Research Society, a non-profit group working on Cwtch, a decentralized metadata-resistant messenger, has received 1,044 ZEC from…
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Despite crypto markets reclaiming the capitalization boasted in Nov. 2017 and record volumes, altcoins have seen a declining market share. At present, the combined capitalization of the 2,022 crypto assets with a known market cap was roughly $222 billion. On Nov. 19, 2017, just weeks before the current all-time highs would be set for the…
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