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01coin priceZOC
01coin price calculator
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About 01coin (ZOC)
Cryptocurrency 01coin is a peer-to-peer digital currency that was developed as a privacy-focused alternative to Bitcoin. The idea behind the coin is to provide a secure platform for its users with improved privacy measures. 01coin has a maximum supply of 21 million coins and uses a proof-of-stake (PoS) algorithm. PoS requires less computational power compared to the proof-of-work (PoW) algorithm used by Bitcoin. This means that 01coin transactions are faster and less energy-intensive to process. With the goal of enhancing privacy, 01coin uses the ZeroCoin protocol that allows users to convert their coins into zero-knowledge proofs. This ensures that transactions remain private and untraceable, which is crucial in today's world where data privacy is a critical concern. The 01coin project has also taken other significant steps to improve its privacy measures. One such step is the integration of TOR network, which is a low-latency anonymous communication network. This means all 01coin users can choose to connect through the TOR network to maintain privacy and avoid being tracked online. Overall, the 01coin project has made significant strides in improving privacy in the cryptocurrency space. It provides an alternative to Bitcoin that offers faster and more private transactions. The use of ZeroCoin protocol and integration of TOR network makes 01coin a promising digital currency worth considering for anyone looking for an alternative investment option.
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