How to use Zerocoin #Crowdify #Tools

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What is Zerocoin?

For Bitcoins it has some limitation and problems. The problem is it has lack of privacy .To overcome this problem Zerocoin concept is comes. Now Zerocoin is a  a project to fix a major weakness in Bitcoin.

The problem: Bitcoin is not private-

When a user buy something via Bitcoins its easy to find out how much coins he has spent via his neighbor. So its a major problem for privacy. So now this problem is not private for Bitcoins  and user facing this problem every-time  when they buy something. Not only this , the worse thing is others party can identify user and they can collect various information about the user. .

Screen-Shot-2013-04-12-at-2.16.44-AM How Zerocoin works-

Zeorcoins allows user to direct payment to the parties. Zerocoins allows payment to anonymous and non-anonymous (Bitcoins) payment. User can convert non-anonymous (Bitcoins) to anonymous (Zerocoins). Users can then send Zerocoins to other users, and split or merge Zerocoins they own in any way that preserves the total value.User can also convert their Zerocoins to Bitcoins.

The road ahead-

So Now the project of Zerocoin will provide user the proper service and the user will be 100% when they will buy something with their debit or credit card and there is no chance to loose their information. To do this, Zerocoins plan  on release a working, non research code quality client based off the bitcoin 0.9.1 codebase integrating the new Zerocash protocol.

Zerocash Paper-

Visit- Zerocoin

Do you have any tips for using Zerocoin? Please add them to this list. Please vote up or down any tips that are already here. Thank you!

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Your top tips on how to use @Zerocoin #webtoolswiki

Your top tips on how to use @Zerocoin #webtoolswiki

Do you know any Zerocoin alternatives? Please add the names of each tool to this list and help others to find them and try them out. Please vote up or down any alternative so we find the most popular ones. Thank you!

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Your suggestions for alternatives to @Zerocoin #webtoolswiki

Your suggestions for alternatives to @Zerocoin #webtoolswiki


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