The new name comes a week after announcing its new Lelantus protocol, which allows Zcoin holders to burn existing coins and then redeem them in batches for new coins with no transaction history.
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Zcoin bumps up privacy with ability to burn and redeem coins
The privacy coin is adding a new anonymity feature to counter the growing ability of law enforcement to track privacy coins’ transactions
The Lelantus protocol went live on a testnet on Oct. 20, offering users of the privacy coin the ability to “destroy coins of arbitrary amounts and to redeem brand new coins (even partially) that appear to have no previous transaction history associated with them,” the organization said.
