Ze next Bitcoin. Period. Ze next 3.0 coin. Period.
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To create ZeCash Coin, the project team used the best created by the crypto industry, successfully combining the tools and procedures customary for users and developers with original, plagiarism free innovations, because even today we can guarantee a high interest in ZeCash Coin.
Despite the fact the crypto industry emergence has saved the financial world from the traditional economy remnants, it has also created a number of internal problems requiring the attention and participation of developers. Turning to Bitcoin, an improved alternative offered by ZeCash team, we find out that a number of the system technical aspects are hopelessly out of date, which deprives Bitcoin of the ability to fully meet the needs of users, especially if it is a long-term investment perspective.
One of the most pressing issues that BTC users face daily are high commissions for transactions. In 2018, their value was somewhat reduced, but still remains unreasonably high in comparison with the commission of Bitcoin alternative platforms. In addition, the transaction speed is reduced and will continue to decline. In the Blockchain by Bitcoin, the increase in the number of users stimulates a drop in the speed of operations. Experienced miners repeatedly stressed the fact mining the first cryptocurrency in the face of the computing tasks’ high complexity became an unprofitable enterprise. Therefore, they have to mine the altcoins, and then, if necessary, change them to BTC. Up to date, the issue of anonymizing the network has not been resolved. With some effort, the origin of transactions can be a detailed representation of the financial history of any user. That is the reason many traders and bitcoin-entrepreneurs wanting to remain anonymous, gradually declare off Bitcoin. All mentioned downsides require immediate resolution, but from the point of the technologies used, Bitcoin remained at the same level as ten years ago, from the launch moment.
ZeCash team has focused on eliminating the above downsides by implementing a technical initiative that will gain wide popularity among all the crypto holders.
ZeCash missions ZeCash team does not set excessively global goals, does not make loud promises. We are talking only about the mechanisms’ improvement and processes inherent in the cryptocurrency structure. We got rid of the downsides that prevented the first cryptocurrency full operation for ten years of existence, taking care of the following opportunities for users:
• You can Mint/Mine and earn fixed interest with low fees.
• PoS security with ZeProtocol, which contain a Chain trust, and Delegated Shuffle.
• Anonymity with “ZeAnon” protocol, which allows transaction re-mixing, ring signature.
• Very fast transaction speed, no pending transactions guaranteed.
• ZeCash Proof of Chain/Stake always fair with Coin Age Based Selection.
ZeCash on Proof-of-Stake
What is Proof-of-Stake?
Proof-of-Stake (PoS) is a type of algorithm in which distributed harmony is achieved by a Cryptocurrency blockchain network. The creator of the next block in PoS based Cryptocurrency is selected or chosen through various combinations of random selection and wealth or age (the Stake). Compared to Cryptocurrency based on Proof-of-Work (PoW) such as Bitcoin make use of complicated cryptographic puzzles in order to mark transactions valid and create new blocks.
●Proof-of-Work use Miners to mine blocks
●Proof-of-Stake use Minters to mint blocks
ICO details
To finance the ZeCash revolutionary cryptocurrency development, an ICO will be conducted. On March 31, the public sale to investors was launched; it will last until December 31, 2018. To date, a system of bonuses allows you to get an additional 10% benefit. After the fundraising phase ends, the project development will take place according to the compiled and declared Roadmap on the website. To date, the project team is already negotiating the token listing on leading crypto-exchange exchanges.
ZCH Token
The ZCH token will be released on the ERC-20 basis. 500 million tokens will be issued at an initial price of $ 0.10. Sixty five percent of the tokens’ total number sold will be directed to the development and launch of the new ZeCash cryptocurrency; 20% will be distributed to the product marketing campaign, the remaining 15% will cover other operational and legal costs. As the ICO ends, all unsold tokens will be burned. At this stage, the token is already available for reservation on the official website.
Website: https://ze.cash/
Whitepaper: https://ze.cash/assets/docs/Zecash_Whitepaper.pdf
Bitcointalk thread: https://bitcointalk.org/index.php?topic=3229753.0
Telegram Channel: https://t.me/ZeCash