Palm Beach Report Leak - ZenCash [ZEN] Viewed As a Newly Emerging Privacy Coin With Huge [Investing] Potential
According to the so-called "Palm Beach Confidential Report" (was it a leak, or it was done on purpose to influence the crypto markets ?) that can be accessed via the link https://docs.google.com/document/d/15cj5c1YEvpfRN4tLDr8s2uMOdrDG0x6quuGmLLTOyh8/preview, ZenCash is presented as being the only “true privacy” coin out there that boasts of such features as:
an end-to-end encryption, based on the so-called “secured nodes” that, according to the white paper “ensure the system remains distributed, resilient, and secure. By enforcing encrypted communication between nodes, and between nodes and wallets, Zen protects against eavesdropping […]”;
“domain fronting”, that will allow users access to the websites that can be blocked by the governments in a manner that is totally inconspicuous to the latter;
full privacy platform, that makes it possible for developers to build privacy applications on top of it. Here's some examples: “ZenTalk is a secure communications network that allows you to broadcast a message from one person to many people. Think of it like an encrypted invitation-only Twitter feed. ZenPub is a platform that will let you publish and store documents anonymously. ZenHide is the domain fronting service. ZenHide will give users the ability to circumnavigate crypto-commerce blocking. On top of all that, ZenCash includes the ability to send and receive money anonymously (or publicly if you wish). Plus, you can use it as a one-to-one private messaging system. In addition, ZenCash can work with other blockchains (that means it’s interoperable).”
funding [treasury] model: the ZenCash Foundation Treasury gets 8.5% of the mining reward that is to pay for further development of the coin.
It is also mentioned that three ex-government agents who know "all the angles", so to speak, are working on the project (the government shills, maybe? Just kidding).
The coin's site is https://zensystem.io/.
What is your opinion of all the above said? The price really soared yesterday on the exchanges to 0.005 BTC for a short moment, then dropped to 0.0026 BTC earlier today, and now it's fluctuating around 0.004 BTC.
(Sorry for the fucked-up markup)