Solaris to activate its Zerocoin protocol

Solaris has announced it is going to activate Zerocoin protocol on April 18 as the chain reaches the height of 259300 blocks
04 April 2018   669

Solaris is releasing its Zerocoin protocol on April 18 as the blockchain's 259300th block is activated. The project is a decentralized open source cryptocurrency focused on privacy, innovation and the advancement of technology. With the Zerocoin protocol release, zXLR transactions are automatically enabled. The protocol is going to provide full privacy to the users. The trick is that the protocol converts publicly available transaction details into anonymous: anytime the user wants to spend funds, they appear as a new coin without a spending history.

Solaris Roadmap Q2 2018 fragment

Cryptographic algorithm at the core of the protocol ensures the coin does not get traced. The stability of the algorithm provides the same level of security and privacy even if the network itself is compromised.

Solaris is a community-focused privacy-based coin driven to maintain sustainable growth, development and fair practices within the masternode coin space. Solaris is a self-funded, self-governed, private, instant and secure cryptocurrency. At the moment of publication, the market parameters of Solaris are as follows

Average price: $6.03

Market cap: $6,900,626

Volume (24H): $33,149

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   107

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.
 

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.