Review of Zcoin: BB — Stable Outlook and Moderate Risk

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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