Topic: Zencash: Excellent potential? - page 2. (Read 10810 times)

Hello for me Zencash is a very promising coin. I invest in Zencash and I hope that the course will prevail.
In Zencash a very good team with contiguous goals in the development of technology.

Here is why I believe Zencash has great upside.

1)   They are laying the groundwork
Zencash will be an improvement over Zcash.
Zencash is a fork from Zclassic, which was a fork from Zcash- They are not starting from scratch, they are improving a very successful program.
Excellent business model. No ICO. Only 1.6 million coins, 21 million max. Founders are Marketing\Business people; they are hiring the needed developers. Founders created a non-profit to collect funds to pay for employees from mined Zen.

2)   Big backers:
Charles Hoskinson current CEO of Input Output HK, he was also CEO of Ethereum. He is a strategic advisor of ZenCash and, in fact, his company IOHK, is one of the core developers.
Hoskinson thinks there is an altcoin bubble and only a few will survive; it’s obvious he believes Zencash is one of them. In fact one of the Zencash founders was with him when he made that speech.

Steven Nerayoff, a very successful entrepreneur, is another strategic advisor. Here is a quote from him:

“I'm very selective on who I attach my name to in an official capacity. I focus my efforts on companies I believe will dominate their portion of the crypto sector.”

These are two very big names in the Cryptocurrency space.

3)   The price was annihilated right out of the gate which eroded confidence.
There was a dramatic price drop after the fork and release on Bittrex. Then this crypto correction caused it to drop even more, creating its current price ---both temporary setbacks.

The current price now sits just off its low, though now rising. The company is only 6 weeks young and already making updates. And this crypto correction will be over, if it isn’t already.

Research this company, research the people behind it. Look at how they set this company up and are laying the groundwork to be successful in the long term. In fact pay attention to how they keep up with public updates; they are done regularly and are very thorough.

I’m sure you can find some negatives to this company, but you find negatives in any cryptocurrency and that includes Bitcoin. When you look at who is involved, how they set it up for the future, I believe they have an excellent chance to be successful.

Zencash website: https://zensystem.io/

Zencash. Wish I'd gotten on that vessel before. I settled on the wrong decision for an anon coin (well wrong until further notice in any event) and saw ZCash simply zoom by. It is presumably still a decent purchase now yet at the value, I don't feel like I would need to claim short of what one coin. It's now made its immense additions like Dash, yet unquestionably has a considerable measure of space to develop into 2018. On the off chance that it's as yet drifting at current cost by January, it's justified regardless of another look.

Zcash, Monero, Verge, Zcoin, Dash etc... aren't all PoW coins? I think yes and this is a big issue for me. I think a PoS ver of zCash would be an excellent potential

Good news! Infopulse is good company.
So I'll be observing how the DAO develops.
Any ideas when ZenCash team will visit Kyiv next time?

 It was Charles Hoskinson and his team who corrected the problem. yes the reason you stopped following is the reason I started following. Charles Hoskinson is one of the biggest names out there, and his company is part of the core development team and with the company being run by a professionals and the big name strategic advisors behind them, I think there could be more going on behind the scenes than we know.

Currently Z coins have a good chance in the market and are accompanied by active price movements that allow Z coins to be in the crypto market and compete with some other big coins.