Zcash Price Prediction: ZEC Coin to go up to $468.10! August 2018 Forecast

Zcash is a fully decentralized, peer to peer, open source cryptocurrency which ensures all the benefits of Bitcoin

What is Zcash (ZEC)?

Zcash is another cryptocurrency just like Bitcoin but with a few different features. It is based on a decentralized blockchain but enables for anonymity behind transaction amounts and parties involved. Thus, it is a fully decentralized, peer to peer, open source cryptocurrency which ensures all the benefits of Bitcoin while adding newer features, especially in security and anonymity.

Zcash (ZEC): History

Zcash is born out of Zerocoin project which was started in 2016, development of protocol improvements and the reference implementation is led by the Zerocoin Electric coin company. Zooko Wilcox-O’Hearn is the founder and CEO of Zcash. Prominent names in the cryptocurrency world, like Roger Ver was one of the initial investors of ZCash. A total of 21 million coins exist in the ecosystem, just like Bitcoin. In 2017Zcash made it to the top 10 list of the cryptocurrency world.

How Does Zcash (ZEC) Work?

Zcash is a cryptocurrency and works similar to Bitcoin. There are many changes in its works. Like bitcoin, it can be transferred between two users of the network when the sender needs to send a command containing the receiver’s wallet address, sender’s information and the amount of ZCash to be transferred. This data is carried to the miners via blockchains, and if they approve the transaction, then the Zcash is deducted from the sender’s account and added to the receiver’s account. The miners charge a small percentage for facilitating the transaction. However, ZCash allows complete but selective anonymity of the transactions using the modern Zero knowledge zk-SNARK cryptography.

How to Buy Zcash (ZEC)?

First, you need to get a wallet to store your coins safe. Create a password for it and make sure you won’t forget this password. If you forget the password, you might lose access to your coins. Then buy Ethereum by using Coinbase. The trade for Zcash.

Zcash (ZEC) Price Prediction 2018

ZEC can be a profitable investment option. Zcash price equal to 468.065 USD at 2018-02-16. If you buy Zcash for 100 dollars today, you will get a total of 0.214 ZEC. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-09 is 2059.611 US Dollars. With a 5-year investment, the revenue is expected to be around +340.03%. Your current $100 investment may be up to $440.03 in 2022. Zcash (ZEC) price today is $468.10 and have the current supply of 3,290,431 ZEC. The market cap value is $1,540,264,030 and the volume is marked as $91,358,800. Zcash price prediction, Zcash price forecast, Zcash price and news, ZEC price forecast, ZEC price prediction 2018, What is the price of Zcash 2018.

Zcash Price Prediction: ZEC Coin to go up to $468.10! August 2018 Forecast
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