BitcoinZ is a decentralized, open-source cryptocurrency that was launched in 2017. It is based on the original Bitcoin protocol but aims to provide enhanced privacy, security, and community-driven development. BitcoinZ operates on Proof-of-Work (PoW) consensus algorithm, using the Equihash mining algorithm.
Some key features of BitcoinZ include:
1. Privacy: BitcoinZ focuses on improving user privacy by utilizing technologies like zk-SNARKs, which allows for shielded transactions and enhances anonymity.
2. Community-driven: The cryptocurrency is developed and maintained by a community of volunteers who contribute their skills and expertise to the project's growth.
3. Security: With a strong emphasis on security, BitcoinZ follows transparent governance and encourages users to hold their private keys securely without relying on third-party intermediaries.
4. Decentralization: Similar to Bitcoin, BitcoinZ aims to promote decentralization by encouraging individual users to mine and participate in the network, preventing any concentration of mining power.
5. Supply and Distribution: BitcoinZ has a maximum supply of 21 billion coins, significantly higher than Bitcoin's 21 million. The increased supply is intended to ensure wider coin distribution and affordability.
For those who want to download the Bitcoinz logo, we have
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