zipcoin Source

How it works

Questions

Honest answers about privacy, couriers, the tax and launch, and the safety details.

Is it private from everyone?

Not perfectly, and it's better to know the limits. Amounts are public; only who paid is hidden. Zipping in is public too. If the postman never approves a deposit, its owner can take it back out publicly with a ragequit, and that shows the link. The postman screens every deposit before it can be spent.

Timing can give you away: zip in and spend a minute later in a quiet pool, and the crowd you hide in is small. Couriers' random delays help. A bigger pool helps most.

Do I need to trust the couriers?

No. A courier can delay or refuse your job, but it can't change it: your proof fixes the recipient, the amounts, the message and the courier's own fee. If it signed a receipt and doesn't deliver when it could have, anyone can slash its stake. The pool state it serves can be checked against the chain, and if one courier won't help, another can.

What's the sales tax for?

In the novel, sales tax reaches the government in real time and is enforced by random inspection. Here, every payment settles its tax in the same proof, split three ways: part is burned, part pays the couriers who keep the network private, and the rest goes to a treasury. The rates are fixed when the contracts are deployed, and can't exceed 10%. The treasury's share is planned to go into ZC's pool as liquidity above the range the launch position covers: sales tax.

Is this a new token?

No. Zipcoin uses ZC, an existing token on Ethereum at the address below. This project adds the contracts that give ZC the novel's features; it doesn't create a token of its own.

When is launch?

When it's ready. Everything is built and tested locally today, with real zero-knowledge proofs. There's no date; follow the repository for news.

What's Emerald?

The wallet's assistant, named after Gladias's assistant in the book. It answers questions, checks a recipient before you pay, and drafts actions as cards you confirm or dismiss. It never asks for your keys or your secret phrase, and it can't move money on its own.

Status and safety

  • A fan project. Not affiliated with the author of Snowmoon.
  • Not on mainnet. Nothing is deployed to Ethereum mainnet. Anything claiming to let you zip on mainnet today isn't this project.
  • Not investment advice. Nothing here is a reason to buy anything.

The ZC token

Zipcoin uses ZC, an existing token on Ethereum. This is its contract address:

0x2CA7B61B23b15e75aC7AB60Dd6f627895d64a46E View on Etherscan

Always check the address, character by character, before you send anything. Anyone can make a token with the same name.