Zoin a privacy-focused cryptocurrency that can only be mined via CPU. This allows it to be more decentralized since more users are able to begin mining it, and it keeps the majority of the hashing power out of the hands of hungry ASIC mining farms who quickly gobble up all the coins for themselves.
The currency prides itself on having a fair distribution, and the developers did not premine any of the coins, instead allowing for them to be fairly distributed to the community.
The anonymity of this currency is based on the Zerocoin protocol. This currency utilizes zero knowledge to allow users to have truly private transactions. Unlike other protocols which utilize ring signatures or other methods that obscure the path of the transactions, but do not actually completely remove them.
Investors who are looking to get in on a great privacy coin that is still in its infancy may find a Zoin investment to be a very attractive prospect.How to buy?
Investors can buy Zoin on a few decent exchanges, and the trading volume is adequate to execute a trade. There's two viable trading pair here to utilize. Investors can choose between BTC and PLZ, while there is a USD pair, the volume is pretty low, so it likely would be a poor choice. Using low volume trading pairs pretty much guarantees that you will be paying too much for an asset for the privilege.
In order to safely store your investment, you'll need to download the official wallet for this project. The developers have created installation packages for Windows, Mac and Linux operating systems. However, if you'd prefer not to download your wallet, they do have a web version available as well. They are also working on mobile versions for both Android and iOS devices.