Hey steemers!
We're proud to announce Zcash available on Changelly
Zcash is one of the most anticipated digital currencies. The hype around the upcoming digital money seems right. Zcash provides truly unforeseen anonymity, that investors find quite prospective.
Although Zcash brings privacy to a whole new level, it still uses a decentralized public blockchain. A sender and a recipient don't reveal their identities during transactions. Neither is seen an amount sended. All transaction details are securely encrypted away from third parties.
What's the difference?
There are many anonymous cryptos on the digital market. So what's the difference between other anonymous altcoins and Zcash?
Zcash uses a brand new algorithm which is invulnerable to any metadata analysis. It's based on zero-knowledge proof named a zk-SNARK, hiding both parties and an amount sended. To get access to information about transactions, a user must hold a view key. Otherwise, no one can see the details.
Zcash developers are convinced that such kind of anonymity will solve the issue of fungibility in the blockchain making Zcash one and only untraceable cryptocurrency.
Buy Zcash for Bitcoin or Ethereum or any other crypto on Changelly, before it climbs too high!
It's also incredibly expensive! I'll wait on this one.
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The market is still unstable and speculative. That's good idea to wait for sometime and then to buy!
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Today was the launch with the release of the first or genesis block. Zcash is backed by famous names in the cryptocommunity;people like Peter Ver, Erik Voorhees, Barry Silbert, and Li Xiaolai and deep pockets like the digital currency group, venture capital firm mostly invested in blockchain start-ups and publisher of coindesk. Yesterday, zcash reached 33 bitcoins on poloniex i.e. more than $22,000. It has exceeded bitcoin with such a price. Will it keep its promises? Let us wait and see.
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Thanks for update. That's true. Many people follow the prices of ZEC, especially in the first few hours! It seems like Zcash team got investments this way from people who have bought ZEC for such price...
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i knew you guys gonna add it ;)
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Yes, we do! Thanks! =)
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Hi. Don't you run MinerGate too?
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Hey! We have made by Minergate team more then one year ago. But now we are independent business.
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Very good blog. Really appreciate you bring this to our 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. I found this amazing platform: https://www.coincheckup.com. This site did all the research for you. It's truly amazing.
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