Privacy Cryptocurrencies… Checking Out Hush Coin (HUSH)

in bitcoin •  last year

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

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I'm investing in hush. I figure out 100 bucks in and if it goes to the moon I'll be loving life :)

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Good strategy... you could make a small fortune on this one. No need to go all in.

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Exactly. I figure if one out of ever ten goes big I'm doing quite alright.

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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

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Not sure about this one, haven't looked at it in a while.

looks like a small coin

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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,,,,.

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Thanks!

Thanks you @g-dubs for the information. I like your article about hush which is almost the same as bitco

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bitco? never heard of that one

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Thanks!

Great post thank you for the insight. I'm looking forward to this event great!!!

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

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Thanks!

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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

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Privacy cryptos, check out my previous articles, I go over the major ones.

Among the privacy coins why does no one mention Verge (XVG). me personally I thing it has the ability to be one of the best because of the technology behind it.

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I'll have to check that out too... If I remember correctly @haejin had a good long-term outlook for XVG.

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Ill go and check him out thank you

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Good question; I was going to ask why he didn't do a review on XST #Stealthcoin - I'm holding that and also XVG which is still at a pretty good price; hoping they both moon

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Iv never even heard of stealth coin I'm going to have to research that one

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I Love Stealthcoin - happened to buy in around .03 and it's steadily grown since; I hope it continues to grow over time like it has.

Check sumokoin a fork of monero and bip coin another dark coin.

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Yea I heard @crypto-daily talking about Sumokoin... I'll have to check it out.

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And try mining too. Now its easy to mine some coin. With my regular i3 laptop I can get 0.3 per day

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wow, really... where do i go to learn about that?

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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

Get it on Poloniex or Bittrex and I'm game...

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Yea that's holding me back too

@g-dubs thanks for sharing about the smallest privacy cryptocurrency you added on the series. Good to know about it. Are you investing some on it? I thought you would be interested in the lastest post I made were I mentioned you:https://steemit.com/steem/@gold84/the-value-of-tokens-how-they-power-different-blockchain-techonology-platforms Just upvoted. @gold84

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XMR, PIVX, and XZC. A little bit of ZEC. I'll check out your post!

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@g-dubs I have some Monero. Will look into PIVX and XEC. Thanks for sharing. @gold84

at the beginning of the launch, xchange / profit why not, but watch out for their initiatives. https://twitter.com/bitnod/status/924228048723038208 scam team

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