Hush coin

in vincentb •  7 years ago 

NOT FINANCIAL ADVISE, JUST A REVIEW.
Hi everybody! I want to talk about a coin that perhaps has some potential, and this is Hush:

Hush is a Zcash fork, and thus it is a privacy oriented fork.

For the investors:

  • Today the coin has a market cap of about $16 million, it costs $7.1 and is only available in Cryptopia.
  • Volume of 17.11 BTC in the last 24h
  • Max supply 21 million and the circulating supply is 2,242,500 Hush

For the technical people:

  • Algorithm: Equihash
  • Block Time: 2.5 minutes
  • Block Reward: 12.5 Hush (12.5 miner)
  • Difficulty Adjustment: Every block, Digishield V3
  • Reward Halving: Every 4 years (same as Bitcoin)

Now what is my view on this coin?

  • It is a Zcash fork, so it definitely is an interesting coin.
  • Zclassic was a very successful ZCash fork, so another ZCash fork will be definitely a coin worth watching.
  • The market cap is very low so it has plenty of room for growth.
  • Private messaging called Hushlist that allows for fast and completely private messages (really interesting feature).
  • Developers are very active and interact a lot with the community

Now, there are obviously some downsides to the coin, the main ones being these:

  • While the Dev Team seems to have experience in the cryptocurrency space, only the Technical writer has a LinkedIn profile, which makes it difficult to research the team.
  • Only listed in Cryptopia and low Volume, so it is susceptible to market manipulation.

Anyways, overall I think it is a solid coin and I think that Hushlist is a really interesting technology, hope you guys enjoyed the review! :)

PS:

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