Altcoin Report: Zcash ‘Bug’ Diminshes Privacy
altcoins

Altcoin Report: Zcash ‘Bug’ Diminshes Privacy

THELOGICALINDIAN - Zcash encounters abstruse problems Mintcoin proves arguable and BipCoin makes its admission Want to bolt up on your latest altcoin account Read the belief below

Also read: Altcoin Report: Ether Outranks Bitcoin as Highest-Performing Cryptocurrency

ZCASH

Zcash, the latest accession to the apple of altcoins, has encountered a bug that prevents clandestine transactions.

The official website states:

Image aftereffect for zcash

Funds beatific to “t” addresses can be processed, while “z” addresses are out of the picture. While “z” addresses are absolutely anonymous, “t” addresses present a akin of transparency, which has angered some users. Zcash’s better affirmation to acclaim has been that it is a “completely anonymous” currency, and investors are cat-and-mouse for the big fix to action ancient soon.

MINTCOIN

Mintcoin is an altcoin that claims to use beneath power. Offering “lightning-fast” transaction speed, a adumbrative appear the afterward statement:

Why then, is the bread active controversy? Apparently, Mint’s pre-min of 700 actor bill didn’t go absolutely as planned. According to representatives, payments and pre-mine abode funds were drained beforehand than expected, and developers complex in the activity accept absitively not to stick around. The bread promises security, and abounding are apprehensive about Mint’s adeptness to accumulate up accepted there doesn’t assume to be a solid aggregation alms support.

Still, those continuing by abide to advance forward, adage Mint’s abject is consistently growing.

BIPCOIN

A new currency alleged BipCoin has fabricated its official debut. Using the aforementioned technology as Monero, the cryptocurrency has appear a new GUI wallet for both Linux and Windows.

What makes the bread unique? The actuality that it is aloof to government officials. BipCoin can be acclimated by anyone accepted they’re not a government or government agent, bringing the angle of ability to a accomplished new level.

BipCoin developer Michael Dean says that the no-government attitude is the currency’s way of giving users an added band of privacy:

Know of any altcoins that deserve mentions in our approved reports? Post your comments below.

Zcash angel address of Twitter.