Trust Wallet has integrated with Zcoin, a privacy coin from the pioneers of the Zerocoin protocol. As we mentioned before in part of our rebrand, we are focusing on privacy projects as part of our larger mission to support leading cryptocurrencies.
“Privacy is one of our core values, as it is an inherent human right and should be maintained to preserve personal rights and dignity. For us, it is very important to support as many privacy feature coins as possible, so our users can have the power to make there own choices,” said Trust Wallet Founder Viktor Radchenko. “Our initial release of Zcoin will allow sending and receiving functionality with plans to support the Zerocoin protocol in the near future and therefore providing the highest level of privacy for our users.”
“We are excited to bring Zcoin to Trust Wallet users everywhere, ” said Reuben Yap, COO of Zcoin. One of Zcoin’s goals is to deeply embed ourselves into the crypto ecosystem and make our coins easy to store and use where Trust Wallet aligns. We are looking forward to adding more integrations as Trust Wallet is the native decentralized wallet for Binance DEX and excited about their support for Zcoin and other privacy coins, and for Zcoin to be among the first non-Ethereum based coins to be added to the wallet.”
Zcoin (XZC) is an open source, decentralized privacy coin that focuses on achieving privacy and anonymity for its users while transacting on the blockchain. It is the first full implementation of the Zerocoin Protocol, which allows users to have complete privacy over their transactions via zero-knowledge cryptographic proofs.
Zcoin was also the first coin to implement Merkle Tree Proofs on its network for egalitarian mining, as well as the Dandelion protocol which protects user identities by obscuring their IP addresses. It most recently published an academic research paper for Lelantus, a new privacy protocol in response to some of the biggest challenges faced by privacy blockchains - usability, audit ability and privacy that stands up to rigorous blockchain analysis.