What problem does this service solve?

Qchi does not appear to solve any problems that are not being addressed by other projects.ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity.

Token Stats

Company Description

QChi is an Ethereum-based token with no clear benefits. Their marketing materials do not provide any specific information about their roadmap or what advantages it offers compared to other cryptocurrencies.

ZCoin is a privacy focused cryptocurrency built on Ethereum. The ZCoin protocol enables anonymous transactions with cryptography that utilizes Zero-Knowledge Proofs (ZKP). ZCoin increases privacy on their network by using a coin-mixer contract that wraps transactions in a serial number and destroying wrapped coins once they have been redeemed.
Zcoin was the first cryptocurrency to use a Merkle Tree Proof (MTP) as its proof of work algorithm. Merkle Tree Proofs are an innovative solution to achieving network consensus, and can increase transaction time while reducing the centralizing tendency of ASIC mining.

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