What is Zcrypt mission?
Zcrypt aims to increase and sustain personal privacy, focusing on financial anonimity and decentralisation.By guaranteeing financial privacy, Zcrypt can help ensure freedom of commerce. People should be able to transact however they want, as long as it does not infringe on the well-being or individual liberty of others. We are also strong believers that freedom of commerce also facilitates peace and prosperity across countries and cultures. By guaranteeing financial privacy, Zcrypt can directly guarantee fungibility, an essential property for free commerce.
We know we can’t change the world but we are aware of the chance of revolutionizing our financial indipendence and privacy with a new generation of Cryptocurrencies!
How do Zero-knowledge cryptographic proofs ensure Zcrypt’s anonimity?
Zcrypt’s zero-knowledge proof makes a cryptographic statement. When someone is sent Zerocrypts, the person only knows that X amount of money was sent to their wallet. Unlike Bitcoin, there is no other unintended identifying information about the sender and receiver. Zero Knowledge proofs ensure that there is zero information leakage about the sender and receiver of a transaction. However is still possible for users to make “clear” transaction which will not be hidden and thus traceable. To make Z transactions (which are the anonymous ones) you simply need to convert normal coins to anon coins with a single click in your wallet. Simple, fast, user-friendly & anonymous. Full tutorials will be released upon launch time.
I’ve read Zcrypt will be a PoW/PoS hybrid, while all the other zero-knowledge coins are pure PoW mineable. Is it true? And why you made this decision?
Yes, Zcrypt will introduce a new kind of PoS, called Proof of Zero (PoZ for the crypto addicts) in the first quarter of 2017. Althought Zcrypt will be launched with only PoW mining we have scheduled a low blockreward in order to protect the value of coins purchased by our ICO Investors. The PoW phase will last about 1 month while we head to full PoZ conversion in early 2017. PoW will give the chance to non Investors users to earn some ZXT with mining but the total coins produced by PoW will not be more than 1M.
We choose PoZ over PoW mining because it is more suitable for the low/medium computer user consumer. We know that the best tech without proper mass adoption could lead to disatrous pathways. That is why we are giving priority to enhance Zcrypt mass adoption and user-friendliness with a proper democratic method of consesus: Proof of Zero. PoZ is an evolution of actual PoS, with the main difference that is capable of Zero-Knowledge transactions. No other cryptocurrency has implemented this kind of technology yet , confirming Zcrypt on top of innovation development in Blockchain fintech market. Moreover PoZ gives every users the chance of earning interest over their owned coins, just as standard Proof of Stake. Last but not least PoZ is far away more cheap than PoW, in term of power & processor consumption.
That’s why you should not miss he chance of buying Zcrypt ICO instead of wasting electricity, time and money in mining
When is Zcrypt main net launch?
Zcrypt Main net launch is scheduled for 21 of December. Zcrypt wallets will be released after 6 days from ICO end scheduled time, which is the 15th of December 2016.
As specified in ICO f.a.q., in the event of ICO early sold out, trading will be enabled on C-cex.com exchange just after.
Name: ZeroCrypt (Zcrypt)
Ticker: ZXT
Coin Issued for ICO: 100M ZXT
Coin mineable with PoW: 1M ZXT
PoZ Interest: 1% Annually
Algo: LyraZ (new algo)
NO DEV REWARD!!
More info can be found at www.zcrypt.io
Check out our official blog post about ICO details and F.A.Q.s
Below you can find detailed information about our bounty categories and how to earn bounties. You can participate in this bounty campaign until the 14th December 2016 (or until ICO goes sold out). All bounties will be distributed 1–2 weeks after the mainnet goes live.
We don’t know how many users will participate in our bounty campaign. Therefore we will allocate specific amounts to each category and distribute the ZXTbetween all participants. To give long-time supporters an increased stake, we will check through all participants on a random day every week. Every week symbolizes one stake and every user can collect one stake on every category each week.
The numbers behind every category represents the amount of the 1,000,000 ZXT which we will allocate towards it.
Newsletter Subscribers — 50,000 ZXT
Subscribe to our newsletter and receive weekly summaries about Zcrypt. Just scroll to the bottom of our website and insert your email address into the form which says “Your email”.
Twitter Followers — 100,000 ZXT
Receive a regular stream of Tweets at our official Twitter account. We will keep you updated about Zcrypt, our website and our services. From time to time we will also post useful tips and tricks.
Signature Campaign — 200,000 ZXT
Add our official signatures from our Bitcointalk OP to your Bitcointalk profile and receive a stake every week! This way many more crypto-currency enthusiasts will get in contact with Zcrypt project.
Update: In order to make a weekly list of all Bitcointalk users with our signature, they need to send a private message to this account (Zcrypt) at least once. Once a week we go through all the private messages and write down all usernames with our signature.
Translations — 300,000 ZXT
Everyone who participates in translation work will receive a stake in this category. So if you see that our Bitcointalk OP wasn’t translated into your language yet, then please contact us.
Extra Bounties TBC — 350,000 ZXT
We reserve this amount of ZXT to fund other innovatives and useful community marketing campaigns in the future. Many community contests will be run to incentivise users to apply with their best solutions for Zcrypt growth! All the new community campaigns will be announced through our official communication channels.
COMMUNITY BOUNTIES SPREADSHEET CAN BE FOUND HERE: https://docs.google.com/spreadsheets/d/ ... sp=sharing
BLOCK EXPLORER: explorer.zcrypt.io
CryptoCompare: https://www.cryptocompare.com/coins/zxt/overview
POOLS WILL BE ANNOUNCED LATER ON, DURING ICO
Dedicated Zcrypt mining software for LyraZ algorithm will be released just before official launch time.
WEBSITE: http://www.zcrypt.io
Twitter: https://twitter.com/ZeroCrypt_ZXT
Slack: https://zcrypt.slack.com
Blog: https://medium.com/@Zcrypt
TRANSLATIONS:
INDONESIA - https://bitcointalk.org/index.php?topic=1680648.0
GREEK - https://bitcointalk.org/index.php?topic=1680668.0
KOREAN - https://bitcointalk.org/index.php?topic=1680633.0
CHINESE - https://bitcointalk.org/index.php?topic=1680752
FILIPINO - https://bitcointalk.org/index.php?topic=1681808.0
SERBIAN - https://bitcointalk.org/index.php?topic=1682230
RUSSIAN - https://bitcointalk.org/index.php?topic=1682307.0
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