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Zcoin Goes Live with Highly Anticipated Merkle Tree Proofs to Democratize Cryptocurrency Mining

Crypto Currencies

Zcoin Goes Live with Highly Anticipated Merkle Tree Proofs to Democratize Cryptocurrency Mining

December 14, 20186 min

Zcoin, the privacy coin which pioneered the Zerocoin Protocol to enable private financial transactions on the blockchain, has become the first network to go live with Merkle Tree Proofs (MTP). While MTP was first implemented on 23 October this year, the hard switchover takes place on 10 December. The Zcoin network will now reject any blocks mined with its old algorithm, Lyra2z, and only accept blocks mined using the MTP algorithm. MTP is a Proof of Work...

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