Topic: ZEN is a superior version of ZCash, but only 2% of price? lot of development - page 9. (Read 18771 times)

Someone just bought up a 28 bitcoin wall at about 170k and it's still climbing!

Looks like there are believers with a lot of Bitcoin out there. With all the news that's about to take place in the next few months this bodes well for Zencash.

Agree, if price is down today is purely for market trend not because Zen users cares a single bit about china or any gov. Zen uses ZenHIDE

https://zensystem.io/assets/Zen%20White%20Paper.pdf

BTC will hit 6K this year this low will be at 4K. Use those small swings caused by this BTC movements. This is perfect time for accumulation. ZEN won't go more down, do not count on this. We are awaiting a lot of good news and events - >

Everything is down, what do you expect?

why wouldn't he be?

It's 7.09$ at coinmarket now. You're still happy?

Thanks Tui! Just what I needed will look abit further and hopefully come to a decision in the next coming days.

I also believe in ZEN. Glad I found this coin when it was $5 in fiat. I think it's still undervalued. Devs seem active and I like their marketing in Asia.

"it has a big backing up from the Chinese investors which is a really huge thing"

Wait until the Secure Nodes launch (about a month from now). Sometime after the launch I believe we'll see backers from companies/groups/organizations too. In fact I'm convinced they are just waiting for the Secure Nodes to launch (and prove to be stable) before integrating into the Zencash platform.

Again, think Platform here.

Number 7 is very important and I think is missed by some; from their website:

“The world’s first private, distributed, and reliable “Platform” for communications, transactions and publishing.

It's not just a privacy coin, but a privacy platform

Neo is a smart contract tool, i don´t think it´s competing with Zen (you may mistake it with zen protocol https://www.zenprotocol.com , wich it is for smart contracts but  i bealive is independent project than zenCash )

@cryptimus prime i can understand what you are trying to tell here,but the case with NEO is that it has a big backing up from the Chinese investors which is a really huge thing and we could see projects coming out using that platform and so is the reason the price sky rocketed but i am not sure about ZEN,it might be a clone of Zcash may be with better security but for the price to shoot we must see some interest in the coin .

If you are on nvidia then choose an equihash coin is a wise choise (EWBF’s CUDA) as they resolve this better than any other.

Further than that you should do your research and not try to be convinced by others, but  as my very personal opinion this are my 10 reasons to support the project

1- started mining this in august at 4$, ended the month at 10$, looks like it´s going somewhere to me.
2- looks better to me than direct competitors like komodo or Hash: https://blog.zensystem.io/zencash-compared-to-komodo-infographic
3- listed o bittrex and other exchanges, easy to sell or trade after mining.
4- if you check the pools it´s starting to have support. When i think of succesfull projects like Dash, zcash, Eth, monero, litecoin, bitcoin, etc. those are mineable and supported by miners in the past. So to me is a good sign at this state.
4- it´s pre-alpha, has margin to grow as things get released.
5- active dev team focused on dev more than marketing.
6- it´s resolving problems concerning "privacy", a desirable word this days in crypto world
7- it´s not just a coin, it´s set of tools: "Zen is a collection of products, services, and businesses built around an enabling technology"
8- It´s a discrete coin... no youtubers hyping it and telling you to buy. Less noise to me means less market fluctuations and whales taking the kids money when the coin tries to grow.
9- it´s profitable in more ways than mining (Zen Secure Nodes), and that means to me more adoption and support.
10- The white paper Purpose is something i just like https://zensystem.io/assets/Zen%20White%20Paper.pdf

I'm still really skeptical about ZEN, can someone make my mind up for me. To mine or NOT to mine? :/

I started mining this last month and as recommended in zcash miners forum. I´m aware most nvidia rigs are switching to Zen this days.

If acceptance is what you´re looking, this came from 4$ to 10$ in a month without much hype and still in pre-alpha stage.
 

This
''Until you have merchants accepting it, it is almost useless.''

We should keep it in mind

I think the other guys here are better informed then me but as far as I know the ZEN team will contact all exchanges which have Zcash listed and try to get a listing too.
This should be easy for the exchanges to implement. BTW I like Bittrex really, it is fast, no lags like Poloniex and you can withdraw with much higher limits.


No ZEN is much more of an improvement of ZCash then what is LTC to BTC. Merchants are also not accepting Zcash, yet it went up to 400 USD.
ZEN is a bargain compared to Zcash.

This is like saying Bitcoin Cash is a superior version of Bitcoin. Or Litecoin is a superior version,,, BCH is 15% of price and litecoin is like 20%. Lots of development. Lots of things going on.

But please. Until you have merchants accepting it, it is almost useless.

Interesting. Gonna give Zen a shot. I wish they get listed on Kraken, do you have information regarding this exchange?

I know they listed already on Bittrex for an example, but I like Kraken.

ZENcash still requires the trusted setup like Zcash, Monero not.
On the other side this never prevented ZCash from beeing worth 400 USD per coin also because of scarcity which is the same in ZEN.

ZENcash is rather a direct competitor to Zcash of which it is a kind of further developed version without such a high "developer tax",  with encrypted communication, governance and protection from censorship.

It is also interesting to observe that the price rise up to 13 USD is not even a pump, I just think some whales try to accumulate but can`t avoid pushing up the price because there are so limited coins in circulation.
It is so easy to push the ZEN price up now, it does not even require a big whale here.