Zcash is really trying to be successful in the market. Today they have planned to reach on the top of the hardfork. This is really a challenging task. I hope that they will be successful in their planning. But this can be very tough to earn the target as the market is in slow condition now.
Topic: Zcash HARDFORK (Read 107 times)
ZCash (ZEC) is preparing for a planned update in the form of a hard fork, requiring that all users update the software for using the digital asset. The Overwinter hard fork, as the project is known, is a part of a series of improvements to the crypto coin, happening every few months.
For many projects, planned hard forks have proven the best way to make changes, as non-obligatory soft forks sometimes fail to implement the required updates, left to the choice of users and miners. The ZEC update should happen on June 26, based on relative block time.
ZCash has seen its price stagnate and slide slowly, down to $166.95. ZEC sees relatively inactive trading, concentrated on LBank and YoBit. Volumes for ZEC have been inconsistent, moving between $230 million at the beginning of June, and down to $39 million at the end of the month. ZEC is mostly traded against Bitcoin, but has a 17% share of Tether (USDT) trading. Unfortunately, the Gemini listing a few weeks earlier did not stem the slide for ZEC.
For many projects, planned hard forks have proven the best way to make changes, as non-obligatory soft forks sometimes fail to implement the required updates, left to the choice of users and miners. The ZEC update should happen on June 26, based on relative block time.
ZCash has seen its price stagnate and slide slowly, down to $166.95. ZEC sees relatively inactive trading, concentrated on LBank and YoBit. Volumes for ZEC have been inconsistent, moving between $230 million at the beginning of June, and down to $39 million at the end of the month. ZEC is mostly traded against Bitcoin, but has a 17% share of Tether (USDT) trading. Unfortunately, the Gemini listing a few weeks earlier did not stem the slide for ZEC.
Zcash is one of the potential cryptos in the market. The most unique feature of zcash is that it provides more privacy to its customer than most other cryptocurrencies. It provides the option to hide the details to sender, recipient and the amount being transferred.
hello,
thanks for the information. really helpful and appreciated.
thanks for the information. really helpful and appreciated.
Zcash has a vibrant team and support and they are doing their best to make zcash competitive for the current market and suitable for future change. A hardfork is a bold way to upgrade the system.
Zcash is really pushing themselves beyond their limits. Because they are now trying to be at the top in the market. This will require a lot of hard work and dedication, and thorough and effective planning. Attaining it would be tough though because the market is in a dip at the moment.
From my perspective i think people can connect with Zcash. Their growth rate is good and they maintains their quality and also less risky. But it’s true no coin can provide you 100%guranty of profit.
Today on block 347,500 of Zcash blockchain will be the first of two hard fork planned in order to evolve Zcash from Overwinter to Sapling
you can read more at
https://z.cash/upgrade/overwinter.html
it's better not to operate until 26.6 when hardfork will be terminated
you can read more at
https://z.cash/upgrade/overwinter.html
it's better not to operate until 26.6 when hardfork will be terminated
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