PIVX Announces Zerocoin Protocol Implementation

[kreslik.news]

This article was written by Elisha Owusu Akyaw, a Contributor to the PIVX Project, and is sponsored by PIVX

As part of its roadmap earlier indicated some months ago, PIVX (Private Instant Verified Transaction) has started the implementation of the Zerocoin Protocol for more secure end-to-end transaction anonymity.

The Zerocoin Protocol uses a cryptographic method known as the Zero-Knowledge proof. It enables a party to prove that a given financial transaction – as in the case of PIVX – is true to another party without conveying any information to the public apart from the fact that the money was ... (read more)