ZBit
(ZBT)
Next-generation Zerocoin-based cryptocurrency.
Block Time
2.5 minutes
Hash Function
Lyra2z
Tail Emission
Ensures 992 years of miner rewards
Coin Supply
24,835,261 after 992 years
Bitcoin and Zerocoin based open-source code modification.
Capturing the security of Bitcoin and the privacy of the Zerocoin protocol.
Decentralized payment service that is secure and untraceable.
Protocol
What is the ZBit protocol for Zerocoin?
Zerocoin is a privacy protocol which provides an extension to the Bitcoin protocol adding anonymity to its transactions.
Privacy re-imagined
ZBit works to fix a major weakness in Bitcoin: the lack of privacy guarantees we take for granted in using credit cards and cash.
Direct anonymous payments
Each user can convert (non-anonymous) ZBit coins into (anonymous) zerocoins.
No traceable transactions
Zerocoin transactions exist alongside the (non-anonymous) Bitcoin-derived currency.
Zerocoin overview
The ZBit Zerocoin protocol is implemented as a series of extensions to the existing Bitcoin protocol.
Goal of this fork
- Lower founders rewards, reduced for the new team.
- Ensure that miners who have dedicated themselves to Lyra2z have a resource for mining.
- Add a tail emission to ensure a dynamic block size and free market.
- TOR connection through ZBit wallet.
ZBit Block Distribution
- 57.5% Remaining
- 30% Masternodes
- 12.5% Development
Roadmap
Team ZBit
yiowed
Development
ssl2
Development
happychicken
Social Media & Marketing
moocothi
Project Management