I've drank the Kool Aid on this one. Rare to see a project with such good resources being thrown at it. This will be a live coin and doesn't have to overtake Monero to be successful.
Yes. This project is very good and has potential of attracting people. Too many people are investing into this project which means this project is going to flourish in the coming years. I don’t think so you should put any stress on it further. Those who are interested will themselves search about all this. 
Topic: ZEN is a superior version of ZCash, but only 2% of price? lot of development - page 14. (Read 18761 times)
August 13, 2017, 03:31:28 PM
August 13, 2017, 11:36:21 AM
Is this some kind of PoS on top of PoW? So from the already low circulation of coins more will be bound to nodes in ZEN?
No this is not even close to POS, it is POW and 3,5% from every mined block will be allocated as reward for nodes this will be 7560 coins every month, and in upper post you have an examples if we have 1000 nodes how much will every node get. On Bittrex we have 130k Coins in sell orders, demand for nodes will influence price increase 42x1000. this is 1/3 of all ZEN's on Bittrex. 42 coins is really nothing and almost everyone can afford it, at home or create multiple on VPS.
I have read that different from Zcash the whole ZEN network will be encrypted and ZEN will be resistant against censorship.
Yes you are right, all this is projected for this year! 
August 13, 2017, 10:32:32 AM
Is this some kind of PoS on top of PoW? So from the already low circulation of coins more will be bound to nodes in ZEN?
I have read that different from Zcash the whole ZEN network will be encrypted and ZEN will be resistant against censorship.
I have read that different from Zcash the whole ZEN network will be encrypted and ZEN will be resistant against censorship.
August 13, 2017, 07:28:01 AM
One big difference is in future we will have secure nodes which are not classic master nodes, but still this will be also good opportunity for those who do not have miners equipment to earn ZEN's.
I would like to recommend reading of this document, because it is really written as reminder and as instructions for new members. https://blog.zensystem.io/zencash-overview-for-investment-professionals/
I would like to recommend reading of this document, because it is really written as reminder and as instructions for new members. https://blog.zensystem.io/zencash-overview-for-investment-professionals/
August 13, 2017, 05:55:14 AM
I've always had this in the back of mind.
But can Zencash surpass Monero as the ultimate totally anonymous crypto currency?
Or is it just Zcash's version of Etclassic and nothing more to it?
Cause Etclassic will always be in the shadows of it's counterpart Ethereum of which it was derived from.
But can Zencash surpass Monero as the ultimate totally anonymous crypto currency?
Or is it just Zcash's version of Etclassic and nothing more to it?
Cause Etclassic will always be in the shadows of it's counterpart Ethereum of which it was derived from.
Never say always in crypto.
August 13, 2017, 01:44:10 AM
ZEN and others Zcash forks have used the Zcash ceremony keys.
The price of ZEN has been faling for a while but seems to have found a bottom, this reminds me of Zcash market behaviour before it pumped up to 400 USD. The low circulating number of ZEN coins makes this possible too. They have a pretty intensive marketing roadmap while they still have not started to promote the project but have the funds to do so.
The price of ZEN has been faling for a while but seems to have found a bottom, this reminds me of Zcash market behaviour before it pumped up to 400 USD. The low circulating number of ZEN coins makes this possible too. They have a pretty intensive marketing roadmap while they still have not started to promote the project but have the funds to do so.
August 12, 2017, 07:15:23 AM
I see people complaining about the ZCash Ceremony, but from what I've researched so far, it seems to have been a well-worked process. How did this happen to ZEN?
August 12, 2017, 07:10:35 AM
Perhaps one reason in the difference between the $5 and $250 price is the supply, zcash has a listed circulating supply of just over 2 million, who knows the total supply? is it infinite? While zencash supply is 21 million. I agree zencash has not been pumped, I could see it at 300-500k sats. Can anyone list some of it's flaws? I've been researching zcoin and have heard it has better tech than both zcash and zen. Opinions?
No the total amounts of coins for ZENcash and ZCash are both at 21 million but the current circulation is similar between 1-2 million coins. So ZENcash just from financial aspect is very easy to pump.
@Medar
Yes what I liked about the ZENcash leader VIglione is his passion and his openess, he is following Satoshis dream, not like Zokoo and Zcash who I do not trust.
I can imagine Zcash having a backdoor, not so ZEN because the people behind the projects are completely different.
August 12, 2017, 07:07:34 AM
I've drank the Kool Aid on this one. Rare to see a project with such good resources being thrown at it. This will be a live coin and doesn't have to overtake Monero to be successful.
August 12, 2017, 04:33:22 AM
@Medar
Are you a part of the team or investor?
I think it would be pretty stupid to ignore a legit project like ZENcash, which is clearly an update to Zcash with several improvements but costs only a tiny fraction compared to Zcash.
Yes I'm team member, also managing campaigns. You can find details in opening page of our main thread. Are you a part of the team or investor?
I think it would be pretty stupid to ignore a legit project like ZENcash, which is clearly an update to Zcash with several improvements but costs only a tiny fraction compared to Zcash.
Also i'm core believer of the economic freedom, investor in other good projects such Monero, Cloak ..
ZEN investor, and I'm waiting secure nodes to set up few on VPS.
I watched an interview with Robert Viglione on youtube. He appears to be a smart, humble and honest guy with tons of ideas and dreams and the capacity to make them true. A fan of Satoshis vision. I think ZENcash has a good leader. He has even contact with Peter Thiel and is working on one of his projects.
So far my research is done, started accumulation.
Yes and i cannot stress this enough, you must talk with those people to realize how really deep they are in this, and how passionate and devoted they are to this project! Entire community is involved, this is most important. So far my research is done, started accumulation.
You can expect much from the team who is open for all ideas!
August 12, 2017, 02:35:24 AM
Perhaps one reason in the difference between the $5 and $250 price is the supply, zcash has a listed circulating supply of just over 2 million, who knows the total supply? is it infinite? While zencash supply is 21 million. I agree zencash has not been pumped, I could see it at 300-500k sats. Can anyone list some of it's flaws? I've been researching zcoin and have heard it has better tech than both zcash and zen. Opinions?
August 12, 2017, 12:39:33 AM
I watched an interview with Robert Viglione on youtube. He appears to be a smart, humble and honest guy with tons of ideas and dreams and the capacity to make them true. A fan of Satoshis vision. I think ZENcash has a good leader. He has even contact with Peter Thiel and is working on one of his projects.
So far my research is done, started accumulation.
So far my research is done, started accumulation.
August 11, 2017, 06:04:22 PM
I own ZEN and XZC too since that is also a good alternative to Zcash and very undervalued.
August 11, 2017, 04:07:46 PM
Ok I am not really a Zcash fan, technology is interesting but I prefer Monero. 
But I did some research on ZEN, and there is a lot of development going on Github.
They have a big team, even one of their developers works for NASA.
ZEN has not less developers then Zcash.
Github is active.
ZEN is incorporating more technology for communication, governance and secure transactions = ZEN is superior to Zcash
ZEN does not take 20% of the coins, but a much smaller amount to secure development costs.
The price for ZEN is 5 USD, while one Zcash coin is 250 USD.
Call me crazy but I said buy ANtshares NEO at 8 USD, now remember this call for ZEN, this will skyrocket as the amount of coins is limited.
Take your time and do some research: https://blog.zensystem.io/zencash-overview-for-investment-professionals/
But I did some research on ZEN, and there is a lot of development going on Github.
They have a big team, even one of their developers works for NASA.
ZEN has not less developers then Zcash.
Github is active.
ZEN is incorporating more technology for communication, governance and secure transactions = ZEN is superior to Zcash
ZEN does not take 20% of the coins, but a much smaller amount to secure development costs.
The price for ZEN is 5 USD, while one Zcash coin is 250 USD.
Call me crazy but I said buy ANtshares NEO at 8 USD, now remember this call for ZEN, this will skyrocket as the amount of coins is limited.
Take your time and do some research: https://blog.zensystem.io/zencash-overview-for-investment-professionals/
I absolutely agree!
On the other hand I'm less on Monero! I prefer the leadership of Rob Viglione.
Zen is a very well thought out project, with intelligence and a lot of ideas.
August 11, 2017, 03:21:05 PM
Monero is the leader of privacy protecting cryptocurrencies. Kovri update will strengthen this role.
But I have finally decided to add some ZENcash for cheap to my collection. Can only recommend their youtube video roadmap, its pretty clear that ZEN wont stay low at 5 USD for long. Let it only gain 10% of ZCash value, we are speaking here about 5X. But I would even value it higher, the coins in circulation are so few.
But I have finally decided to add some ZENcash for cheap to my collection. Can only recommend their youtube video roadmap, its pretty clear that ZEN wont stay low at 5 USD for long. Let it only gain 10% of ZCash value, we are speaking here about 5X. But I would even value it higher, the coins in circulation are so few.
August 11, 2017, 03:11:15 PM
I've always had this in the back of mind.
But can Zencash surpass Monero as the ultimate totally anonymous crypto currency?
Or is it just Zcash's version of Etclassic and nothing more to it?
Cause Etclassic will always be in the shadows of it's counterpart Ethereum of which it was derived from.
But can Zencash surpass Monero as the ultimate totally anonymous crypto currency?
Or is it just Zcash's version of Etclassic and nothing more to it?
Cause Etclassic will always be in the shadows of it's counterpart Ethereum of which it was derived from.
Honestly my bet is on XMR. Monero community has hired 2 mathematicians who are able to steadily update the XMR cryptography, even some kind of Zk-snarks are possible. The number of developers in Monero is pretty huge and the Github activity is the same like for BTC and ETH. Even one LTC developer seems to have changed to XMR now.
But I do not think that ZENcash will be like ETC to Zcash, because their is reasonable development and further improvements of the Zcash protocol, while the price of Zencash is very cheap (5 USD) and the coins in circulation too. ETC is just a P&D coin. If I would buy a hedge to XMR it would be ZENcash, not Zcash which is just hyped up.
Monero has a community backing it, but unfortunately there is a tendency from the leaders to pull it down. It is only a matter of time before it starts appreciating again. It is good to have some investment in it.
August 11, 2017, 02:45:39 PM
I've always had this in the back of mind.
But can Zencash surpass Monero as the ultimate totally anonymous crypto currency?
Or is it just Zcash's version of Etclassic and nothing more to it?
Cause Etclassic will always be in the shadows of it's counterpart Ethereum of which it was derived from.
But can Zencash surpass Monero as the ultimate totally anonymous crypto currency?
Or is it just Zcash's version of Etclassic and nothing more to it?
Cause Etclassic will always be in the shadows of it's counterpart Ethereum of which it was derived from.
Never say always in crypto.
August 11, 2017, 02:44:36 PM
I've always had this in the back of mind.
But can Zencash surpass Monero as the ultimate totally anonymous crypto currency?
Or is it just Zcash's version of Etclassic and nothing more to it?
Cause Etclassic will always be in the shadows of it's counterpart Ethereum of which it was derived from.
But can Zencash surpass Monero as the ultimate totally anonymous crypto currency?
Or is it just Zcash's version of Etclassic and nothing more to it?
Cause Etclassic will always be in the shadows of it's counterpart Ethereum of which it was derived from.
Honestly my bet is on XMR. Monero community has hired 2 mathematicians who are able to steadily update the XMR cryptography, even some kind of Zk-snarks are possible. The number of developers in Monero is pretty huge and the Github activity is the same like for BTC and ETH. Even one LTC developer seems to have changed to XMR now.
But I do not think that ZENcash will be like ETC to Zcash, because their is reasonable development and further improvements of the Zcash protocol, while the price of Zencash is very cheap (5 USD) and the coins in circulation too. ETC is just a P&D coin. If I would buy a hedge to XMR it would be ZENcash, not Zcash which is just hyped up.
Needs to be noted that if the elliptic curve cryptography in monero is cracked, then the anonymity algorithm will be cracked. ZenCash can't be cracked unless SHA256 itself is cracked.
August 11, 2017, 02:37:06 PM
ZenCash is currently the best and most promising platform that utilizes zk-SNARKs also with an extremely talented dev team. That reason alone should have it sitting in the top 15.
August 11, 2017, 12:27:40 PM
I've always had this in the back of mind.
But can Zencash surpass Monero as the ultimate totally anonymous crypto currency?
Or is it just Zcash's version of Etclassic and nothing more to it?
Cause Etclassic will always be in the shadows of it's counterpart Ethereum of which it was derived from.
But can Zencash surpass Monero as the ultimate totally anonymous crypto currency?
Or is it just Zcash's version of Etclassic and nothing more to it?
Cause Etclassic will always be in the shadows of it's counterpart Ethereum of which it was derived from.
Honestly my bet is on XMR. Monero community has hired 2 mathematicians who are able to steadily update the XMR cryptography, even some kind of Zk-snarks are possible. The number of developers in Monero is pretty huge and the Github activity is the same like for BTC and ETH. Even one LTC developer seems to have changed to XMR now.
But I do not think that ZENcash will be like ETC to Zcash, because their is reasonable development and further improvements of the Zcash protocol, while the price of Zencash is very cheap (5 USD) and the coins in circulation too. ETC is just a P&D coin. If I would buy a hedge to XMR it would be ZENcash, not Zcash which is just hyped up.
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