Binance’s Trust Wallet eyes privacy projects, adds Zcoin + Zcash
Trust Wallet, a Binance-backed multi-cryptocurrency wallet and decentralized applications (DApps) browser, today announced it has integrated Zcoin (XZC), a privacy coin from the pioneers of the Zerocoin protocol.
As part of Trust Wallet’s ongoing commitment to privacy projects, it has now integrated Zcoin and Zcash to build on their 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. 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. 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 cast nationwide which marks the world’s first use of the technology in a large scale political election.
The Trust Wallet team also reported it 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.
