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<blockquote data-quote="arrana" data-source="post: 236935" data-attributes="member: 13714"><p><strong>ZeroCoin</strong></p><p></p><p>Another alt coin- <strong>ZeroCoin</strong>.</p><p></p><p>ZeroCoin is being created by four Johns Hopkins University (Baltimore, Maryland, US) with Massachusetts Institute of Technology (Boston, Massachusetts, US) researchers and will launch May 2014. Originally, ZeroCoin was planned as an extension to the BitCoin protocol to make BitCoins even more anonymous and untraceable, but in November 2013 the team decided to make it a standalone currency. </p><p>The ZeroCoin developers advise having an anonymous web browser whenever the coins are used. Zerocoins can also be used with BitCoins to make BitCoin transaction more untraceable. It does this by automatically pooling coins much like a tumbler service does. </p><p></p><p></p><p>From: <a href="http://www.coinmonkey.com/tag/cryptocurrency-2/">http://www.coinmonkey.com/tag/cryptocurrency-2/</a></p><p></p><p></p><p><img src="http://www.coinmonkey.com/wp-content/uploads/2013/12/zerocoin.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p></p><p></p><p></p><p></p><p></p><p>How does ZeroCoin affect for Money laundering? At this time (pre launch) it believed that each ZeroCoin is indistinguishable from any other ZeroCoin and that particular characteristic should add to the untraceably factor. But if that is the case, then all ZeroCoins would have to be the same denomination and could not be broken down into price increments, as BitCoin can. All ZeroCoin transactions would have to be whole ZeroCoins and that fixed prices could be tracked more easily. </p><p></p><p>The ZeroCoin development paper can be found at <a href="http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf">http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf</a></p></blockquote><p></p>
[QUOTE="arrana, post: 236935, member: 13714"] [b]ZeroCoin[/b] Another alt coin- [B]ZeroCoin[/B]. ZeroCoin is being created by four Johns Hopkins University (Baltimore, Maryland, US) with Massachusetts Institute of Technology (Boston, Massachusetts, US) researchers and will launch May 2014. Originally, ZeroCoin was planned as an extension to the BitCoin protocol to make BitCoins even more anonymous and untraceable, but in November 2013 the team decided to make it a standalone currency. The ZeroCoin developers advise having an anonymous web browser whenever the coins are used. Zerocoins can also be used with BitCoins to make BitCoin transaction more untraceable. It does this by automatically pooling coins much like a tumbler service does. From: [url]http://www.coinmonkey.com/tag/cryptocurrency-2/[/url] [IMG]http://www.coinmonkey.com/wp-content/uploads/2013/12/zerocoin.png[/IMG] How does ZeroCoin affect for Money laundering? At this time (pre launch) it believed that each ZeroCoin is indistinguishable from any other ZeroCoin and that particular characteristic should add to the untraceably factor. But if that is the case, then all ZeroCoins would have to be the same denomination and could not be broken down into price increments, as BitCoin can. All ZeroCoin transactions would have to be whole ZeroCoins and that fixed prices could be tracked more easily. The ZeroCoin development paper can be found at [url]http://spar.isi.jhu.edu/~mgreen/ZerocoinOakland.pdf[/url] [/QUOTE]
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