Zencash Update!
A globally accessible and anonymous blockchain for censorship-resistant communications and economic activity.
Zencash is going to be an evolution of Zclassic, and I posted in the past about Zclassic paying 1:1 Zencash, but the date has been updated to May 23rd.
Zencash aims to be the best anonymous cryptocurrency by having..
- A Communications System For All
- Encrypted Peer-to-Peer Transport
- State of the Art Obfuscated Global Tunneling
- Undetectable by Monitoring Arrays
- Built-in Support for Large Datastores
All existing cryptocurrencies fall short of being fully anonymous; whether it's from network-level deficiencies or economical shortcomings. There is no cryptocurrency in existence that guarantees full end-to-end encryption of the distributed network. Zen is designed to be fully encrypted as a network and also as a means to send and distribute money.
Zen doesn't stop there though. Zen is a massively distributed and fully encrypted storage system with endless possibilities.
Anonymous
Zen is a platform designed for censorship-resistant communications and anonymous economic activity. Cutting-edge cryptography and zero-knowledge proofs enable fully anonymous peer to peer communications with Zen.Global Publishing
The Zen blockchain enables independent and irrevocable publication of both private and public material. After publication, material can never be suppressed, expunged, or mutated.Private Economies
Transactions are supported by fully shielded zero-knowledge cryptography; meaning that recipients, senders, and balances are never disclosed.All in all Zencash aims to be a completely private network for transactions, storing data privately, and also ".. for facilitating widespread use across all audiences including: military, government, non-state, corporate, and individual use."
I am excited to see how Zencash is used and the community they build!
Remember all of my opinions are only opinions, and is not investment advice. Please do your own research before investing in anything.
Post - Vote - Earn :D
I bought some ZClassic (unfortunately at the top of the market) thinking this would be a no-brainer. Unfortunately the price has only gone down since then. What are your thoughts on why the price of ZClassic has gone down, given the guaranteed split coming into Zencash?
I remember when STEEM was $3 and going down everyone would say they didn't care about the "price" but more the use and community, but I really can't predict price.. They did change the date last April from the 1:1 split to May 23rd so not sure if there is FUD over that or what, but either way I am excited to see how the crypto community accepts Zencash.
Just 17 hours later the price is up to $10.76. Crypto is crazy. Changing all the time. I wonder how much the price of ZClassic will dump once the split happens.