What is the relationship between ICO and Bitcoin (Zec and Bitcoin)
What is the relationship between ICO and Bitcoin? In May 2018, the ICO (Initial CoinOffering) project, founded by renowned American investor and risk fund manager Paul Tudor Jones, completed a financing of 200 million RMB at a valuation of 1 billion US dollars
In this round of financing, Paul TuDorJones announced that his company, iCo., would issue Bitcoin and Litecoin through ICO, and this money was also supported by Blockchain Capital and other institutions. Subsequently, ICG, the blockchain technology subsidiary of the parent company of the project, began its ICO work and released the first Cryptocurrency exchange product launch: BitcoinLaunchpad at the end of 2019. According to reports, ‘Bitcoinlaunchpad’ is a network platform that provides digital asset trading services, development tools, and services to companies worldwide
zec and Bitcoin
According to bitcoin, in a recent interview, Peter Szilagyi, the developer of the Bitcoin Core, revealed the new development in the field of zcash and Cryptocurrency. At present, there is no clear development direction or roadmap to support Zero-knowledge proof (ZKP). Both of these technical solutions have received some positive research and discussion. They believe that zk SNARK is the core technology of Bitcoin According to the Zec protocol, users can hand over their private keys to others to verify their identity by using zk SNARKs. When asked if it was possible to create a separate application using these features, Schlacier replied, “We don’t want anyone to have their own password.” However, if someone really has the ability to control their own funds, they would say, “I won’t let others know my privacy
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