Crypto Tips: Zencash Buy Alert

chitty(69)
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ZenCash is a cryptocurrency based on Zcash code, it has a lot of features that go from private transactions to secure messaging for publishing on the IPFS. However, I would like to focus on one specific feature that I believe can really sky rocket the price in the next few Months: Secure Nodes

ZenCash Secure nodes aim to provide the foundation for a distributed and resilient network that will make ZenCash network impossible to centralize or destroy. Secure node owners will receive 3.5% of the Mining Rewards of the network, but here is the catch, in order to run a Secure Node, you need to lock-up 42 ZenCash tokens, this is around $281.4 at the time of writing.

DASH and PIVX have a similar model called Master Nodes and I expect the result of the implementation of Secure Nodes will have a similar effect in the price of ZenCash, why? – Because…

Secure Nodes owners need to buy tokens in order to active their nodes, this creates Demand. At the same time, the locked-up tokens in the running nodes create Scarcity. Secure Nodes will effectively reduce the Supply and Increase the demand, thus sky-rocketing the price!



If what you are reading makes sense to you, you need to head over to bittrex and buy some ZenCash while it’s still cheap. If you wish to run your own master node, there are some great guides created by blockops@blockops in his personal blog: Blockoperations.com

PS. You can also mine ZenCash with GPUs.

Official Website: Zensystem.io

Crypto Tips: Zencash Buy Alert | Ecency