Topic: Zencash: Excellent potential? - page 8. (Read 10781 times)
In my opinion . This Altcoin really got off to a good start since the bounty campaign was started and more specifically the altcoin is limited to 21 million ZenCash and much like Bitcoin. I think in the future ZenCash will reach $ 50 later this year
Livestream yesterday had a lot of interesting Items to note:
About to spin up a team in Australia and New Zealand and will have a team up and running in Portugal soon.
Coinomi mobile Wallet which has an embedded exchange using Shapeshift- Expected integration next week. Which means Zen should be available on Shapeshift.
CoinPayments integration Sept 5th.
Can now run Zencash over Tor network.
Ledger, Bisq, and Cryptopia integrations hopefully within two weeks.
Should have already been on the YObit exchange but hasn’t happened yet, should happen any time. This is the one I’m interested in because they have a very large Russian community following Zencash and this is a Russian exchange. In fact Zencash has 3500 followers on their version of Facebook. This is one of the reasons they have a Russian version of the website already up.
Marketing getting started.
There's so much more going on, but too much to share here. They have a Livestream every two weeks on Wednesday 1 pm eastern. You can listen to the recorded version on youtube.
https://www.youtube.com/watch?v=yfsjXALodXU
One of the advantage of ZEN is the decentralized governance. Other anon coins like monero and zcash are controlled by the devs. I believe Zencash will be used by people in countries with oppresive governments, not just for illegal activities. The zenhide function allows you to use ZEN in any censored environment using domain fronting. Https connections hide your dns and the fact that you are using it. This combined with Zentalk, you are able to message anonymously.
Those who are interested can involve themselves and ask questions, or give comments during this meeting. Link will be provided later today.
A link to the Livestream tomorrow. They usually have an edited recording on Youtube later on.
https://blog.zensystem.io/new-zencash-livestream-schedule-wednesday-1pm-edt-held-biweekly/
I think we do not need to open another topic for discussions, we can use this as official,
and this one for speculations https://bitcointalk.org/index.php?topic=2078049.new#new
What do you think?
and this one for speculations https://bitcointalk.org/index.php?topic=2078049.new#new
What do you think?
Agree.
BTW, there will be another Live Stream this Wednesday at 1:00 pm eastern. No link yet. Always lots of good information there.
I think we do not need to open another topic for discussions, we can use this as official,
and this one for speculations https://bitcointalk.org/index.php?topic=2078049.new#new
What do you think?
and this one for speculations https://bitcointalk.org/index.php?topic=2078049.new#new
What do you think?
Great Live Stream last night.
https://www.youtube.com/watch?v=_pxzbWSaymk
Apparently Zencash is getting a lot of attention from the Russians.
An Impressive list of things happening. Better to listen to Live Stream than have me list it here.
I can't wait to see Tatiana Moroz and her team how bringing ZEN enormous popularity. She is very popular and knows a lot of people from business and politics. Meeting was awesome!
Great Live Stream last night.
https://www.youtube.com/watch?v=_pxzbWSaymk
Apparently Zencash is getting a lot of attention from the Russians.
An Impressive list of things happening. Better to listen to Live Stream than have me list it here.
Ok ZenCash is about privacy. but I can have quite a private wallet and transactions and messaging with DeepOnion through TOR network
Can someone make a professional comparison
Yes you can use TOR for this:Can someone make a professional comparison
Quote
Tor isn’t the perfect anonymity and privacy solution. It has several important limitations and risks, which you should be aware of if you’re going to use it.
https://www.howtogeek.com/142380/htg-explains-is-tor-really-anonymous-and-secure/Someone with bad intentions can create node and listen all activities..And be sure, if such possibility exists someone already doing this!
Power behind ZenCash is advanced crypto technology "zk-SNARKs". zk-SNARKS enable transactions of ZenCash without revealing the sender, receiver, or amount onto the blockchain. Messages inside wallets are secured with this technology, same as transactions. Content is encrypted end to end. Next is secure publishing with the wallet, it will be soon available.
https://blog.ethereum.org/2016/12/05/zksnarks-in-a-nutshell/ This technology is too complicated to be explained in few lines of text, or in one post.
So far vulnerabilities do not exist.
Ok ZenCash is about privacy. but I can have quite a private wallet and transactions and messaging with DeepOnion through TOR network
Can someone make a professional comparison
Can someone make a professional comparison
Def recommend continuing to take those sec precautions either way, but ZenCash is just fundamentally different than using bitcoin over tor:
- Make use of zk-SNARKs for shielded transactions that don't show up visibly on the blockchain
- We're building a compensated network of secure nodes that will have an increasing set of useful network functions, such as computational load distribution so we can use shielded tx with light clients
- A cryptocurrency project with sustained funding via block reward distribution
- Experimental governance that evolves with feedback instead of static consensus from BTC
- Integrated secure messaging
- IPFS doc publishing
BTC is still a great bet IMO, and i personally keep part of my wealth in it, but we're one of a variety of competing projects innovating in diff ways.
Great question btw!
Ok ZenCash is about privacy. but I can have quite a private wallet and transactions and messaging with DeepOnion through TOR network
Can someone make a professional comparison
Can someone make a professional comparison
New Live Stream this Wednesday at 1pm EDT - Find out what's going on in the background.
https://blog.zensystem.io/new-zencash-livestream-schedule-wednesday-1pm-edt-held-biweekly/
Why I think ZenCash price will rocket
https://steemit.com/zencash/@zeky/why-i-think-zencash-price-will-rocket
Why I'm decided to join this team? Because they are working really hard on finishing their goals and they very professionally in every aspect. Everyone can join and help shaping of this projects with its ideas, and i bealive this is most important. They are transparent and open for talk.
Also very important thay have treasury and enough funds for further developnet and marketing. And already you can see much work is in progress, and a lot of happenings. And this is just the beginning!
Also very important thay have treasury and enough funds for further developnet and marketing. And already you can see much work is in progress, and a lot of happenings. And this is just the beginning!
For me. ZenCash is developing very well in the Cryptocurrency market, as ZenCash 24 hour volume is increasing rapidly. I think if ZenCash attracts more big investors around the world then surely ZenCash is a good choice.
Rob Viglione, Co-Founder of Zencash https://zensystem.io/ spoke at the 100xInvestors Online Webinar Summit - w/Monero's Fluffy Pony
https://steemit.com/zencash/@itsmee.bosslady/zencash-is-presenting-today-at-100xinvestors-online-webinar-summit-w-monero-s-fluffy-pony
Tatiana Moroz (who will now be leading ZenCash marketing) is also speaking there.
The thing is there are so many coins with privacy capabilities these days, You have Monero, all the Zsnark coins, Deep onion, Byteball (blackbytes), Dash etc etc. Zcash has an uphill battle, It's a fork of a fork of a fork and is starting to fade into obscurity. It's swimming in a pool of giants, and doesn't even have a presence on Bitcointalk anymore after the ANN was locked. They didn't have an ICO so there are no funds for marketing. With the marketcap currently so low, i have a hard time seeing how they're going to gain the exposure to dig themselves out of the trenches.
The best bet at this point is for them to hope that Zcash explodes and they can ride the wave like how ETC did with ETH. But even in that scenario they might get overlooked for zClassic.
The best bet at this point is for them to hope that Zcash explodes and they can ride the wave like how ETC did with ETH. But even in that scenario they might get overlooked for zClassic.
There's a development/marketing fund that is derived from a portion of coins mined. A percent off all mining goes into the dev fund, kind of a reverse pre mine.
I know they have a founder's reward just like Zcash. But the thing is Zcash was the first and generated alot of hype, with a token being more than 1 BTC when if first launched. With Zenn i feel like the marketcap has fallen so low that it's hard to dig yourself out. At a 5M dollar current marketcap with the coinprice being so low, that Dev reward is negligible. The team will have to put in alot of free work or build a strong community behind this project. The latter is going to be really hard to do without a presence on the forum.
New Ann thread : https://bitcointalksearch.org/topic/annzen-horizen-unbounded-by-design-2047435
From Quora: "Which 5 altcoins have the best chance of being as successful as Bitcoin?"
One of the five given:
ZenCash (ZEN)
There are a number of altcoins that are based off of zero knowledge encryption. The strongest one is Zcash (ZEC), but that has already gotten a significant amount of attention. ZenCash is much lesser known, and has a much smaller market cap. It had a rough launch and some developer drama that lead to a big sell off, of which it has not yet recovered. However, they have big plans, and development is moving along. In the coming weeks they will be releasing their first major differentiating feature: “Secure Nodes”. This will likely garner a fair amount of attention, and the price will increase accordingly.
https://www.quora.com/Which-5-altcoins-have-the-best-chance-of-being-as-successful-as-Bitcoin/answer/Jordan-Mack-3
One of the five given:
ZenCash (ZEN)
There are a number of altcoins that are based off of zero knowledge encryption. The strongest one is Zcash (ZEC), but that has already gotten a significant amount of attention. ZenCash is much lesser known, and has a much smaller market cap. It had a rough launch and some developer drama that lead to a big sell off, of which it has not yet recovered. However, they have big plans, and development is moving along. In the coming weeks they will be releasing their first major differentiating feature: “Secure Nodes”. This will likely garner a fair amount of attention, and the price will increase accordingly.
https://www.quora.com/Which-5-altcoins-have-the-best-chance-of-being-as-successful-as-Bitcoin/answer/Jordan-Mack-3
Zen is one of a few coins that cought my eye a while back and so far it seems to be continuing to push ahead as one of the most promising, while I still say spread your hashes Zen is the one that always has a chunk of mine pointed at it.
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