Tokens in exchange for coins, a cryptocurrency purse and PoS the protocol
In this part of the review we will discuss an essence of release of tokens of ZCH of a possibility of a cryptocurrency purse ZeWallet and also feature of the protocol of new generation of Proof of Stake (PoS) and its advantage before the protocol of generation of bitcoin – Proof of Work (PoW).
ZCH tokens
ZeCash – the same blockchain project as well as all others in respect of carrying out crowd funding by public sale of own tokens of ZCH revenue with which will go for further implementation of all plans of creators of the project. ZCH is compatible to the ERC-20 standard and it will be possible to get him through BTC, ETH, LTC, XMR, DASH and BCH.
Participation in the kraudseyl of ZCH Token is a guarantee of successful possession of ZeCash Coin coins as as soon as they are officially released the tokens acquired during ICO at the price of $0.10 (disregarding bonuses) it will be possible to exchange for coins, thereby having become participants of the cryptoforeign exchange market of coins of new generation – ZeCash Coin.
Cryptocurrency purse
ZeWallet – one of products which will be started within the project. As we already spoke in the first part of the review it will be available to an entrance on maximum the number of devices – and on the personal computer on the Windows and Linux operating systems and on smartphones on the basis of iOS and Android and as the web platform.
Fortunately the web version of a purse is available already now therefore we haven't missed an opportunity to test it and to look at his current opportunities. The most interesting – everything who will create the purse in ZeWalle will have an opportunity to get ZCH tokens with a bonus in 10% including at early stages of carrying out ICO.
The main ZeWallet control panel shows the sum of tokens on the account of the user their quantity in a transaction delay and also the total amount of tokens in the market.
Already now in the section Buy ZeCash Token it is possible to use the calculator which shows what cryptocurrencies it is possible to use upon purchase of tokens of ZCH what sum of tokens the user at investment of the concrete sum of dollars will receive and also ZCH ratio to others cryptocurrencies and a current rate of BTC and ETH.
Except this ZeWallet the account to monitor transactions allows to open a premium to remove ZCH tokens in the convenient way and also to take part in the referral program copying the unique link and extending it between potential participants of a kraudseyl. The participant receives 5% of a bonus of the sum of purchase of tokens for such help in carrying out ICO each invited referral.
PoS protocol
The concept of the Proof of Stake protocol is that everyone new the block for cryptocurrency is created by accidentally chosen user leaning on the system of combinations considering age or success.
The main difference from Proof of Work that the decision on the choice of the block is based not on the extent of balance of the user because such scheme works actually unfair providing advantages to those on whose purses the largest sums.
Essential minus of a mining of bitcoin which used PoW is the high cost intensity of the electric power in this connection in some conditions the mining often doesn't make profit without covering expenses on electricity and the equipment
PoS use – much less energy-intensive at the expense of what participants of the cryptoforeign exchange market have an opportunity to get stable profit and not only at the expense of a mining which was applied in PoW but also with use of a minting which is distinctive feature of PoS.
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