What is the name of ZEC coin (What is ZCX coin)
What is the name of ZEC coin? The ZEC coin, issued by the German-Estonian compa
What is the name of ZEC coin? The ZEC coin, issued by the German-Estonian company BitsofGold, can be referred to in Chinese as “Zero Knowledge Proof”. Its main function is to achieve transaction records, validate blocks, and make them readable and executable through smart contracts. In the blockchain, there will be no centralized institutions (such as banks) participating as bookkeeping nodes through voting, while the Zero Knowledge Proof system based on zk-STARK technology can solve the problem of blockchain technology’s inability to support trustless computation. (cryptopotato)
Additionally, ZEC token has a feature: unlike Bitcoin, it does not have any practical value because its holders do not need to purchase any hard currency or other assets.
What is ZCX coin
According to the ZCX official website, ZCX tokens can currently be traded on Ethereum and Binance Smart Chain.
It is introduced that the Zerochain protocol (abbreviated as ZRX), which is implemented through ZK-Rollup technology, can migrate public blockchain data to Layer2 and securely and quickly transfer assets between Ethereum and other mainstream blockchains. It also allows users to directly transfer cryptocurrencies from decentralized exchanges. In addition, the project has a completely open-source system to maintain the security and integrity of the Zcash network. It natively supports multiple payment methods and provides cross-border payment solutions between multiple blockchains.
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