Zcoin on Cudo Miner
Yes you can now mine Zcoin on Cudo Miner. Zcoin was requested a number of times by our community and in a recent product survey, as promised we have listened to our community and we are happy to announce that Zcoin has been added to Cudo Miner and can now be mined. Our software automatically switches to the most profitable coin to mine, you can also manually select Zcoin to constantly mine on your chosen device.
What is Zcoin?
Zcoin (XZC) is a decentralised, digital currency that began trading on the market in 2016 and has grown in popularity in recent months. Zcoin was the first cryptocurrency to implement the Zerocoin protocol which, focuses on the privacy and anonymity of crypto transactions through a burning and redeeming process.
However due to flaws in the Zerocoin protocol, Zcoin has moved towards Sigma which optimises the Zerocoin protocol and builds upon its flaws by eliminating the need for trusted setups and dramatically reduces proof sizes (the size it occupies on the blockchain) allowing for a more secure and stable privacy coin.
MTP (Merkle Tree Proof)
MTP is Zcoin’s proof of work algorithm, which has a focus on being ASIC resistant and values equal coin distribution for all miners. This helps Zcoin be a more GPU mineable coin and not centralised through ASIC and FPGA mining.
Find out more about Zcoin here