overwinter might come with Zcash so what we are expecting for the Zcash hardfork ? #blockchain
The question arises is our mind what is OVERWINTER ??? Can anyone tell the meaning of overwinter?
WHAT IS OVERWINTER ??
Overwinter is the very first hardfork for the Zcash. It will be carrried out on 26th june the first hardfork after the launching of any cryptocurrency is called as overwinter. It will be activated at block number of 347500 and been having a 150 second/block rate.
CAN PRICE OF ZCASH INCREASE AFTER THE HARDFORK ??
My answer is it will not affect the price that much because the whole crypto market is really in dip to buy any coin you can get 50% discount price so there are less chances of the crypto market to come in bullish behaviour so if bitcoin moment starts growing then we can expect Zcash to spike atleast 20-50$ and we can get some benefit in this bear market.
WHAT CHANGES WILL COME AFTER THE HARDFORK OF ZCASH?
The hardfork will introduce the replay protection for the system upgrade and also the versoning and they will also include the performance improvement of the transparent trancation. There will be one more upgrade of the system and it will be held later after the improvement of the first hardfork and it might be held on the Q3 months. According to the zcash official announcement the concept of overwrite will support many major exchnages like bitfinex, poloniex, binance etc.
HOW TO UPGRADE AND PUT YOUR COINS SAFE??
According to official announcement you have to verify your wallet or any hardware or exchanges you are using to store your coin verify that they are supporting this hardfork or not it not then you have 1 day you can transfer coin to safe place so that you will be risk free.
If you have already upgraded and put your coin at safe place you need not to worry about this at all and can enjoy your day
This event will boost zcash price but i don't have any zcash .
if you dont have zcash @sagartalekar then you may buy this and exchanges
z cash is a great coin for privacy..... zcash have a great future in crypto industry....
yes privacy coin has a great future
It price will be dump..
no i dont think so
Thanks bro for this useful info.
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thank you dear
Thanks for Update.
From mgsc.. I'm done
Now your turn
ohk i wil do the same
Yup..
Thanks
yes market is in dip and unstable so this will not increase as much as should be
yes but if today night or tomorrow morning market rises then there are lots of chancesthat zcash price can shoot up
Great job very detailed
thank you dear for your feedback
Very informative post.
Keep it up.
thank you dear
One of my fav coin
thank you very much dear
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