[ANN] ZAmerica Private Secure Transactions
WHAT IS ZAmerica?
ZAmerica offers total payment confidentiality, while still maintaining a decentralized network using a public blockchain. Unlike Bitcoin, ZAmerica transactions automatically hide the sender, recipient, and value of all transactions on the blockchain. Only those with the correct view key can see the contents. Users have complete control and can opt-in to provide others with their view key at their discretion.
ZAmerica transactions do not depend on the cooperation of other parties.
ZAmerica is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. ZAmerica payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.
ZAmerica is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase. Our improvement over Bitcoin is the addition of privacy. ZAmerica uses advanced cryptographic techniques, namely zero-knowledge proofs, to guarantee the validity of transactions without revealing additional information about them.
Our zero-knowledge proving scheme makes it possible to conceal values and other identifying information from the public blockchain. Users simply prove that the values balance out and that they are not double-spending the amount they want to send.
Algorithm: Equihash (whitepaper)
Block Time: 2.5 minutes
Block Reward: 1250 ZAMC (1250 miner)
Difficulty adjustment: Every block, Digishield V3
Reward halving period: Every 4 years (same as Bitcoin)
Total coin supply: 2,100,000,000 (same as Bitcoin)
Founders Reward: Removed
Premine: 1% (21,000,000)
P2P Port: 8888
RPC Port: 8822
[ZAMC] will be released on released : Tuesday November 29nd 9:00 PM GMT
5,000 ZAMC: Responsible for Slack Channel, Reddit account, Steemit account, Twitter account, Facebook Page.
2,000 ZAMC: Website, wiki, general communications.
10,000 ZAMC: ZAmerica web wallet
100 ZAMC: Block Explorer
100 ZAMC: Signature Design
100 ZAMC:OP Grapic Design
100 ZAMC: Ariticles
20,000 ZAMC: Allocated for Signature bounty
1,000 ZAMC: Allocated for Twitter bounty
100 ZAMC: Allocated for Translation bounty