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Zcoin is a privacy-focused cryptocurrency that uses the Zerocoin protocol to enable completely anonymous transactions by breaking the link between sender and receiver addresses on the blockchain. Its key feature is the ability to "burn" coins and redeem them later without any transaction history, providing privacy that is optional rather than mandatory, allowing users to choose when to remain anonymous. Zcoin distinguishes itself through its implementation of zero-knowledge proofs and commitment to fungibility, making it one of the earlier cryptocurrencies to offer robust privacy protections before rebranding to Firo in 2020.