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ZCoin (XZC) declined to $20.079108 for a day

June 14, 2018 - By Peter Erickson

ZCoin (XZC) had a bad 24 hours as the crypto declined $-1.2646725 or -5.93% trading at $20.079108. According to International Crypto Analysts, ZCoin (XZC) eyes $22.0870188 target on the road to $32.7546094054427. XZC last traded at Binance exchange. It had high of $21.505918 and low of $19.4629855 for June 13-14. The open was $21.3437805. About 492 XZC worth $10,245 traded hands.

ZCoin (XZC) is down -46.85% in the last 30 days from $37.78 per coin. Its down -60.14% in the last 100 days since when traded at $50.37 and the annual trend is down. 200 days ago XZC traded at $35.52. XZC has 4.57M coins mined giving it $91.86 million market cap. ZCoin maximum coins available are 21.40 million. XZC uses Lyra2Z algorithm and PoW proof type. It was started on 01/01/0001.

ZCoin is a Proof of Work cryptocurrency using the Lyra2 hashing algorithm. It is an implementation of the Zerocoin protocol ( guaranteeing true financial anonymity using RSA-2048. Zero-Knowledge proofs allows one to show ownership of a Zcoin coin without having to reveal which coin one owns.

Recently, the Zcoin protocol was found to have a typographic bug that costed the network roughly $400k. This bug, however, did not compromise the anonimity features of Zcoin.

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By1 Peter Erickson

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