Another round in the development of crypto currency. Analysis of ICO ZeCash.
Bitcoin appeared in 2009. This gave such an impulse to the cryptographic money market that it is developing at a frantic pace even now. It is comparable to him, perhaps, only the Dutch fever of tulips of the seventeenth century.
The staggering popularity and value of bitcoin was determined not by its representation as a tool for speculation and complete anonymity, but first of all - blockchain - a chain of sequences of blocks.
Pluses, of course, he has a lot of significant: almost complete invulnerability to hacker attacks and attempts to hack (because the chains are stored decentralized), the mechanisms of safe transactions, anonymity (in principle, there is, but conditional).
Advantages of advantages, and progress on the ground is not going to, technology is almost a dozen years old, it's time to start obsolescence.
Following the BTC, its forks, various altcoys, also lingered to obsolescence.
Speaking about storage - everything is simple, purchased, on the purse thrown and wait for the growth of prices a year, another, sold, received a profit. Although the blocking system exists for almost a dozen years, it remains relevant today: distribution, fast and secure transactions, registers that confirm ownership. But for today it is already a bit weak on these parameters for use in real life. This already affects the ubiquitous use of technology. Someone from the bloggers, covering this topic, compared this detachment with the appearance of a mobile phone in the distant nineties.
To meet the current needs for crypto currency technologies, ZeCashappeared , in principle, it has good chances to become the new flagship of the crypto currency.
Read a little more?
ZeCash - the bottom of the latest developments for commerce on the Internet. It is also based on the Blochein and claims the title of a revolutionary project. It is planned to develop existing processes and solve existing problems in the world of crypto currency. The Consensus algorithm is PoS.
What solutions can ZeCash offer ?
Current disadvantages of known crypto and forks:
Anonymity is not 100%.
Commission for transactions "bite".
The PoW algorithm is very energy-intensive.
The speed of transactions is already inadequate.
Mining starts to become unprofitable, not profitable.
Advantages over analogues.
The consensus protocol is PoS (short for Proof of Stake).
Implemented their development - ZeProtocol. In the subsequent block will be included
only those coins that have been in the wallet for more than a month. To the
probability of identifying the block was the highest set period in 90
days of "freezing".
ZeAnon gives a significant increase in anonymity.
Own transaction network: Lightning NetWork System.
Presumably, its innovations will allow not to meet with the
"Pending" state any more .
Interest on the transaction is much lower, allow you to perform
"microtransactions".
The main characteristics of the coin.
Ticker of the coin - ZCH Coin
platform - ERC20 (Ethereum)
Period of the ICO - July 1, 2018
Soft cap - 20 000 000 USD
Hard cap - 35 000 000 USD
Total will be issued - 500 000 000 ZCH
The sale will be received - 375 000 000 ZCH
Cost 1 ZCH = 0.1 USD
Buy coins for - BCH, BTC, DASH, ETH, XMR, LTC
Passage of KYC - unknown
Let us summarize what has been said.
Crypto projects, which are based on the block, it's time to stop being a speculative tool and move into the real world. ZeCash demonstrated new solutions and claims to become a means of calculation in business, between natural persons, legal companies and entrepreneurs.
The results of the latest technological research, strict limitation of the number of coins, bonuses for hold represent this crypto currency from the best side for investment.
It is already costly not to use the technologies of block-houses, the development team will try to bring all the advantages of development and improvement of the block-system to both "home" users and representatives of business circles.
For more details, click on the links in the description of the article:
Link to the website - https://ze.cash/
Group in Telegram - https://t.me/ZeCash
Official Facebook - https://www.facebook.com/ZeCash-178476346280771
Official Twitter - https: // twitter .com / ZeCash_official
Whitepaper - https://ze.cash/assets/docs/Zecash_Whitepaper.pdf
The theme of the project on the forum is - https://bitcointalk.org/index.php?topic=3229718
author: aqila princess
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