STEEMIT CRYPTO ACADEMY SEASON 2: PRIVACY COIN BY : krousse10
⁘Zcash is a cryptocurrency that is not only decentralized but also open source that provides protection, this cryptocurrency has the best blockchain technology that allows us to carry out our transactions freely and from anywhere.
This cryptocurrency can be used to pay for goods and services, you can also make exchanges for other currencies Zcash goes much further than other currencies thanks to the privacy of the users, apart from the fact that you can choose what type of information to give when investing.
Zcash is a cryptocurrency that is not only decentralized but also open source that gives us protection, this cryptocurrency has the best technology the Not only does this cryptocurrency allow us to do anonymous operations, they are also faster, although they are very similar to bitcoin, it has many more advanced elements in terms of the network, as I said before, it becomes more attractive since we can manage our Information that we want to show, has nothing to do with the current financial system and is completely designed to process many transactions (p2p) in a very fast and secure way, for this reason it seems very reliable.
One of the main characteristics of this Zcash currency is that it is volatile, for that reason it is considered a good tool to invest, another of its characteristics is that it gives us many comfort when sending money to anyone we know, apart from the fact that you can buy goods and services in many businesses and in many places this currency is accepted as a form of payment.
And if we talk a little about its mining as well as many digital currencies, it also generates its coins during mining every two and a half minutes, a Zcash block is being created and when this happens a new zec appears
It is said that it is very volatile due to speculation although this currency can be used to buy physical goods, but its main focus is investment and whoever has the knowledge to invest in it can make a lot of profit and will obtain many benefits.
This cryptocurrency was born in 2016 and its origin comes from zerocoin, a start-up founded by several people
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1. First enter the Play Store application, put zcash wallet, several options came out and I decided on the first
2. Enter the option, press download or install
3. I waited a few minutes for the download and installation
4. Finished the installation and click on open
5.Enter your main home page and press the second option open with gmail
6. Here I could choose my account
7. We should create a pin, the process of creating the pin was repeated
8. Here I could authenticate my fingerprint
9. Ready put my name (completely anonymous) and I accepted the terms and conditions
10. List our walle by zcahs
I was able to choose this privacy currency since it has many good options such as those that I will mention in its advantages, Besides that it is one of the most popular today and not to mention that it is less expensive
ADVANTAGE
I think this cryptocurrency is almost perfect and we have many advantages with it, such as:
We have a variety of wallets to choose from and store our takashi For this reason this currency is widely used
Its value is low and it is very profitable to invest
It is a private and decentralized currency
DISADVANTAGES
The disadvantages of Z Kai are few one of her and I think the most significant is that it uses two addresses of What is public and z What is anonymous
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When investing in cryptocurrencies we must take into account many things and one of them was re-meaning of this Digital Currency Market since it is a large market and has many currencies, so when we say to invest in a currency like Z Kai we have many advantages but without forgetting its volatility its changes and ups and downs
Hello, good morning professor @levycore, you have not yet reviewed my homework and I gave it to you on Saturday before the final time.