Zero coin (ZER)

cukor (47)in #cryptocurrency • 6 years ago

Info:

Zero project was made by an unknown creator called zerocurrency early February 2017 as an experimental project to solve many inherent weaknesses of previous crypto-currencies.

Supply : Circulating - 2 684 820 ZER

Exchange: Cryptopia Pair - ZER/BTC

Wallet : you can download on all OS – Windows and Linux. They work on wallet for Android and Mac.

Website : Visualy is ok, there is not much to criticized. On website is everithing in menu, this is not the type - all in one page.

Valuation:

Whitepaper – I cannot found anything. There is zerocash, but this project is from 2013. Also in roadmap they dont have in plan release whitepaper. Maybe they have this document and if you contact them, they by able send it to you, but it is not right practice, this tells something about zerocoin. Another issue - I tried search information about Zerocoin on web and i found one small problem. On cryptocurrency world is also Zcoin and someone call Zcoin also Zerocoin. It is little bit confusing.

Team – is small and very anonymous. Known is only Project Manager and Marketing advisor, developors are fully anonymous. Picture of cat and Space marine from Dark Angels is funny :)

Idea – hard-coded option to use shielded transactions (Z) making it IMPOSSIBLE for anyone to track, zero transaction times (under 2 minutes), fees are literally close to zero in use and also in mining používaní, Zero uses state of the art elevated security protocols, 25-30% less power consumption than ETH, ZCASH, XMR.

Mining – with Grapfic card. It is using an alternate set of parameters of equihash algorithm that need at least 8GB of RAM. That mean it is ASIC resistant. From first of february started pool direct on zerocoin website, but options are diferent.

Road Map – visualy is nice, there are funny names of time periods and you can see what is done and what not. The map is not long, they plan to do everything by the end of the year 2018, we will see how they will by sucessfull.

Comunication/Activity – on social networks appeared some news, that is good. Guys are active also on Twitter and Reddit.

PS: I would also be pleased if I could read about the coins, but I enjoy making these posts. Otherwise you should do your own research. The coin can impress or deter. Everything could have happened since I was working on it.

PS2: I'm not a financial adviser, and the article is purely informative, it's my personal opinion, and before you buy any coin you can think well and do not play it.