Next crypto-coin to to net 1000% profit? HUSH
HUSH, formerly known as Zdash, has recently released their windows wallet to the public. Currently there is only one exchange supporting hush which is Cryptopia. I was browsing whatotomine.com, a popular site showing expected mining profits, and noticed that at the current value of HUSH it is more profitable to mine than Zcash at ~2$. Plus with the lower difficulty you receive a lot more coins in mining rewards. So if people start investing into this coin it can be very very profitable.
HUSH uses the algorithm equihash which is the same as Zcash. They cannot make coins out of thin air since they forked off of Zcash and Zcash had a ceremony where they destroyed the private key to generate coins. This means there can be no artificial inflation.
To summarize, this coin is worth keeping an eye on. If more people start mining this coin and investing into it. More exchanges will start to support this coin. Which could lead to exponential growth of value.
Links:
Coin market cap: https://coinmarketcap.com/currencies/hush/
Main Website: https://myhush.org
Disclaimer: Again this is all speculation and I am not advising anyone to buy into HUSH. I am no financial adviser just a blockchain-enthusiast.
As always, only invest what you can afford to lose.
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Market cap looks appealing for a potential increase. However, why should anyone use HUSH when there is ZCASH. Besides, did you have a look at the dev team? The pictures do not build trust in those people at all.
How did they fork from ZCASH? Is that a story like ETC?
Some benefits are that they actual have a product to show for a wallet on Windows which even Zcash does not. They use that same protocol which is proven. They maybe are going to be adding it to bittrex soon. Also does Vitalik look trustworthy? This is a risk but it could bring some good returns.
Fair enough, you might be right. Good luck : )
Interesting blog. Thanks for bringing this to my attention. I strongly advice people to only buy in to cryptos that have a solid background: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background. It's a waiste of money. An interesting website I found: https://www.coincheckup.com. If you want to know more about the: team, product, communication transparency, advisors and investment statistics on every crypto then this is your go to platform.
Hush is blowing up now it seems.