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Zerocoin exploit found, Zcoin attacked, other privacy coins at risk

The Zcoin team discovered a vulnerability in the cryptography of the Zerocoin protocol that allows an attacker to forge zero-knowledge proofs and create coins out of thin air. Coins using the protocol such as Veil are vulnerable to attack until Zerocoin is disabled. Although the exposed flaw is fixable, the Zcoin team does not plan to allocate resources to the issue and instead will continue to focus on transitioning to its new privacy protocol, Sigma.

Read More at CryptoSlate


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