On June 20, 2017 I wrote an article warning investors about ZCash and its massive inflation rate - paid to miners. Even Monero currently has a large inflation rate, which has been declining while transaction fees are climbing (to offset compensation to Miners).
I'm a big believer in Privacy Focused Cryptocurrencies. Over time, with greater government interference, market preference (and PRICE) will shift from pure public blockchain to Private Cryptocurrencies. Privacy cryptography is computationally heavy (EXPENSIVE) when paying other computers to process.
This is why it is the LOWEST COST PRIVACY Cryptocurrency will rise higher and higher in market preference. Which Cryptocurrency is designed to have lock solid Privacy AND Lowest Cost?
PIVX.
PIVX is owner run. So only owners get paid block reward to provide permanently robust computing power. All Privacy Fees (minting /spending Zerocoin PIVX will have small computational fee) and all Transaction Fees, because everyone is running the Blockchain, are burned out of coin supply. This means PIVX has a flat Coin Supply capped by use at approximately 10 Transactions per second.
So let's compare how an Owner Run Currency (PIVX) compares to a Miner run Currency (ZCash).
On June 20, 2017 if you owned $10,000 worth of each you would have:
ZCash Price: $406.01 - 24.63 ZCash. Since then, Miners would be given all new ZCash generated.
PIVX Price: $1.74 - 5,747.12 PIVX Since then, running the PIVX Wallet, you would have received on average 115 MORE PIVX - you're getting paid, not Miners.
On September 15, 2017. Your Portfolio would look like this:
ZCash: $3,925.
PIVX: $16,530.
Economics doesn't make a difference, does it????
