ZenCash is a cryptocurrency and private, decentralized, messaging and publishing platform
WHAT IS ZENCASH (ZEN)?
ZenCash Coin is a cryptocurrency originated from bitcoin. The ZenCash Coin White Paper declares that the basic idea behind the project was started from Bitcoin, Dash, Decred, and Seasteading. ZenCash can use simple and shielded transactions for a blockchain based business. Simple to the Bitcoin blockchain method. Shielded transactions using zk-SNARKS from Zcash.
ZENCASH (ZEN): HISTORY
ZEN was started on May 30th, 2017. It is actively trading on Bittrex. ZenCash did not conduct an ICO or a pre-mine. ZenCash began as a chain split from Zclassic, implementing a base of ZEN owners. ZenCash is mastered by the Zen Blockchain Foundation, a non-profit organization in Delaware.
HOW DOES ZENCASH (ZEN) WORK?
ZEN allows non-decryptable communications that flattened over the whole network while shielding against denial-of-service assaults and spamming. It uses the excellent privacy technology, ZK-SNARKS. This technology is used for transmission, individual transactions, and publication. It enables shielded deals where the recipient address, sender address, and the transaction amount are not announced in the ZenCash blockchain.
HOW TO BUY ZENCASH (ZEN)?
User can’t buy it directly for fiat on any exchange. The user can choose the best coin exchange for your region and buy BTC there, then exchange it for ZEN on exchanges. Search if Coinbase is available for your country and buy it there – as it is by far the reliable and best-regulated bitcoin exchange. Once validated, the user can buy Bitcoin from exchanges, such as Bittrex/ Cryptopia/ Upbit. The best place to store the ZEN’s is the official wallet and if you are more concerned about security, then put this wallet inside a physical hard wallet.
ZENCASH (ZEN) PRICE PREDICTION 2018
ZEN is a marked improvement over bitcoin and is a sound currency to invest. The developments over Bitcoin makes it a good one to invest heavily. If you are in search for virtual currencies with a sound return, ZEN is a good option. The current value of ZenCash as of 2018-03-03 is 39.968 USD. If you buy ZEN for 100 dollars today, you will get a total of 2.502 ZEN. According to forecasts, the long-term increase is demanded. In one-year, the value is supposed to increase by 131.002 USD, and in five-years, it may increase to 450.106 USD. So with a five-year investment, the revenue is expected to be around +1026.15%. The invested 100$ may be up to $1126.15 in 2022. ZenCash (ZEN) price today is $39.90 and have the current supply of 3,334,663 ZEN. The market cap value is $133,057,035, and the volume is marked as $5,587,270.