Privacy Cryptocurrencies… Checking Out Hush Coin (HUSH)
The past few days I’ve been writing about privacy cryptocurrencies. If you haven’t seen them yet check out my pieces on Monero, Zcash, PIVX, Zcoin and ExclusiveCoin.
This is my final one. Today it’s Hush Coin (Hush). It’s the smallest of the bunch trading at $1.95 with a $4.3 million market cap.
Hush Coin is a private implementation of the Zerocash protocol forked from Zcash. It forked in December 2016.
It uses the same trusted set up as Zcash. Hush plans to differentiate itself by being a community based coin.
Right now there’s just 2.2 million Hush coins outstanding. Eventually there will be 21 million just like bitcoin.
This PoW coin uses the Equihash algorithm and has a block time every 2.5 minutes. The current reward is 12.5 HUSH and that halves every four years like bitcoin. From what I understand the Equihash algorithm is ASIC resistant.
The only place you can buy HUSH is on Cryptopia. But getting on more exchanges is next on the roadmap.
Also on the roadmap is adding a standalone HUSH messenger and adding IPFS integration for large messages and files.
Hush also has David Mercer as a lead developer. He’s worked on Zcash and is well regarded in the crypto community.
Overall, HUSH looks pretty interesting. With such a low market cap it could be a high flyer if it gains any traction.
What do you think of Hush Coin?
For more on cryptos follow me @g-dubs and on SteemFollower
I'm investing in hush. I figure out 100 bucks in and if it goes to the moon I'll be loving life :)
Good strategy... you could make a small fortune on this one. No need to go all in.
Exactly. I figure if one out of ever ten goes big I'm doing quite alright.
That's the play. Sell on the spikes. Stack some BTC and reinvest the rest.
have you heard about any staking on this coin? most forks from zcash do but i can't find anything about it. @g-dubs
Not sure about this one, haven't looked at it in a while.
looks like a small coin
The smallest privacy crypto I covered. If its gets to the XVG level that's a 2000% gain ;-p
this post is very good sir i impress,,,,.
Thanks!
Thanks you @g-dubs for the information. I like your article about hush which is almost the same as bitco
bitco? never heard of that one
Thanks!
Great post thank you for the insight. I'm looking forward to this event great!!!
Check sumokoin a fork of monero and bip coin another dark coin.
Yea I heard @crypto-daily talking about Sumokoin... I'll have to check it out.
And try mining too. Now its easy to mine some coin. With my regular i3 laptop I can get 0.3 per day
wow, really... where do i go to learn about that?
thanks for this tip; never heard of this one; how much is it going for right now?
You should try Zen coin or zclassic too
Pretty good valuable information.i think getting coin registered on other exchanges will be a good option....
By the way coin is good as well your post
Keep posting
Thanks!
Welcome buddy !keep sharing the crypto posts because crypto is the future and we should know more about it.
Good luck
I'm new here so im just seeing this piece and sounds interesting. Can you please shed a bit more light on these categpry of coins and how one can identify and invest. Thanks
Privacy cryptos, check out my previous articles, I go over the major ones.