As part of Trust Wallet’s ongoing commitment to privacy projects, we have integrated Zcoin and Zcash to build on our larger mission for the cryptocurrency community to benefit from their unique privacy features.
“Privacy is one of our core values, as it is an inherent human right and should be maintained to preserve personal rights and dignity. For us, it is very important to support as many privacy feature coins as possible, so our users can have the power to make there own choices,” said Trust Wallet Founder Viktor Radchenko. “Our initial release of Zcoin will allow sending and receiving functionality with plans to support the Zerocoin protocol in the near future and therefore providing the highest level of privacy for our users.”
Zcoin’s integration follows Trust Wallet’s acquisition from leading global cryptocurrency exchange, Binance last year. Since then, Trust Wallet has developed its integration for the launch of Binance Chain and its corresponding decentralized exchange (DEX) to provide the first native decentralized wallet for DEX and support the new native Binance coin (BNB) on Binance Chain.
“We are excited to bring Zcoin to Trust Wallet users everywhere, ” said Reuben Yap, COO of Zcoin. One of Zcoin’s goals is to deeply embed ourselves into the crypto ecosystem and make our coins easy to store and use where Trust Wallet aligns. We are looking forward to adding more integrations as Trust Wallet is the native decentralized wallet for Binance’s DEX and excited about their support for Zcoin and other privacy coins, and for Zcoin to be among the first non-Ethereum based coins to be added to the wallet.”
Zcoin is the privacy coin which first pioneered the use of the Zerocoin Protocol. It is also the first coin to implement Merkle Tree Proofs on its network for egalitarian mining, as well as the Dandelion protocol which protects user identities by obscuring their IP addresses. Zcoin’s blockchain was most recently used to help Thailand’s Democrat Party carry out its primary elections to select its party leader involving more than 120,000 votes casted nationwide which marks the world’s first use of the technology in a large scale political election.
The Trust Wallet team is soon expanding from its mobile roots to both mobile and desktop, while maintaining its priority as a “mobile-first wallet” to help the world of decentralized applications, payments and cryptocurrency management to be easier and more accessible for the mainstream.
Zcoin (XZC) is an open source, decentralized privacy coin that focuses on achieving privacy and anonymity for its users while transacting on the blockchain. It is the first full implementation of the Zerocoin Protocol, which allows users to have complete privacy over their transactions via zero-knowledge cryptographic proofs.
Zcoin was also the first coin to implement Merkle Tree Proofs on its network for egalitarian mining, as well as the Dandelion protocol which protects user identities by obscuring their IP addresses. It most recently published an academic research paper for Lelantus, a new privacy protocol in response to some of the biggest challenges faced by privacy blockchains - usability, auditability, and privacy that stands up to rigorous blockchain analysis.
About Trust Wallet
Trust Wallet is the official wallet of Binance. Trust is a mobile application with a clean interface and high level of security designed to facilitate the adoption of cryptocurrencies for users with any level of knowledge of blockchain. Trust provides a secure wallet to send, receive and store digital assets, and its built-in dApp browser can be used to communicate with dApps and trade crypto and collectibles directly from a smartphone or tablet. For more information, visit: https://trustwallet.com/