ZeCash ICO

Coin of new generation

All of us have got used to hear about cryptocurrencies as about rather quite good way to invest the money and to get stable profit due to cryptotrading at the exchanges and uses of other tools. But in a concept of cryptocurrencies it is put much bigger – implementation of fast, reliable, safe and anonymous transactions in a blockchain.

Not so long remained till that day when participants of the cryptoforeign exchange market celebrate decade of existence of cryptocurrencies per se. For all this time the world has seen many coins which began to be called altkoina after the first coin – bitcoin which emergence began to be associated with the first generation of a blockchain and cryptocurrencies.

The next generation of cryptocurrencies and blockchain – generation 2.0 world have seen thanks to emergence of such company as Ethereum which has presented to participants of the cryptoforeign exchange market first a new perspective coin – air, and secondly has developed the decision which as a result has found the application and became active to be used in the most different spheres of life – smart contracts.

Today we will talk about the project which will become something much more important what the decentralized platforms and other decisions on the basis of technology a blockchain of smart contracts and cryptocurrencies because this time it is directed to creation of absolutely new coin which will receive the name ZeCash Coin (ZCH) and will become a striking example of cryptocurrency of new generation after Bitcoin and Ether – a coin of generation 3.0.

In this article we learn what the project and features of a coin of ZeCash which will become result of his realization in following consists in – we will talk about an essence of sale of tokens within the project their purse and the protocol which will be created together with new cryptocurrency and in a final part of the review we will compare coins of old and new generation – we will discuss difference between ZeCash Coin and bitcoin as the cryptocurrency first in own way.

Project purpose

The team in the technical documentation underlines that it doesn't set before itself any transcendental purposes and doesn't make loud promises. Their task – to create a coin of ZeCash Coin and together with her and to improve those mechanisms which existed in the field of use of cryptocurrencies till this time – from the moment of emergence of bitcoin and before start of the ZeCash project.

The new coin is intended for wide use as in the course of implementation of personal payments and in the fields of electronic commerce business online in general and shops of retail trade. An essence in that as much as possible to simplify process of use of cryptocurrency in these spheres and to increase efficiency of their application.

Tasks

Which result creators of ZeCash want to achieve it will be displayed in the following achievements and innovations:

• Release of new cryptocurrency – coins of ZeCash Coin of transaction and work with which will be much cheaper, quicker, more safely and more reliably than those that were carried out even with the cryptocurrency, most popular in the world, – bitcoin
• ZeProtocol – the Proof of Stake protocol (PoS) the main advantages of which will become the highest level of safety and much a smaller loss to the environment than with Proof of Work (PoW)
• ZeWallet – a cryptocurrency purse for the Windows and Linux operating systems of mobile phones on the basis of iOS and Android and also its web version. The purpose of his creation – an opportunity it is convenient to carry out exchange between ZeCash Coin and other coins
• Opportunity not only to maynit cryptocurrency but also "to mint" coins. The concepts "get" (mine) and "to mint" (mint) of a coin is conditional names and the difference is in procedures. Participants will be able to carry out production of cryptocurrencies with stable profit and the low commissions
• ZeAnon – the protocol thanks to which will be possible to achieve really maximum level of anonymity with use various the technician which can be applied for this purpose
• The maximum speed of carrying out transactions which allows users to carry out operations with cryptocurrency up to standard and excludes a possibility of a delay of transactions as it quite often happens to the same bitcoin or air.

 Links:  

Website:  https://ze.cash/

White paper:  https://ze.cash/assets/docs/Zecash_Whitepaper.pdf

Telegram: https://t.me/ZeCash

Twitter: https://twitter.com/ZeCash_official

Facebook: https://www.facebook.com/ZeCash-178476346280771

Proof of authentication / author
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1058023