Zec virtual currency
what is digital currency
digital currency can be used to describe all electronic currencies, including virtual currency and cryptocurrency. Digital currency is a kind of electronic currency without any physical form. Because of its functions and inherent attributes, it is the same as the standard illegal fixed currency, and can also be referred to as the network version of cash. Digital currency is invisible. People need to use and hold it through devices that can be connected to a specific network
T1: eth (the first public chain at present, the underlying platform of Shanzhai coin breeding, and in the speculation of eth2.0) EOS (community consensus + DAPP possible explosion + defi can also join + drop out of high cost performance) Zec (anonymous leader)
T2: Yas (UBI concept, low market value, great potential) atom (cosmos, advantage new public chain), XRP (the decline in 2019 has not risen, so the upward space is still very large) Polkadot dot (Boca, the goal is to surpass Ethereum) KSM (Boca pioneer)
T3: Ada (potential) NEO (myth of 1000 times of the last bull market), ont (strong village), Iost (Iost is currently undervalued, DAPP is also in good development)
there are platform coins in the coin circle, corresponding to HT, BNB, MX
zcash, full name zero cash, short for Zec, Chinese name big zero coin, developed by zooko Wilcox, was born on November 9, 2011
using zero knowledge proof mechanism to provide complete payment confidentiality is the most anonymous digital asset at present. At present, the time cycle of zcash anonymous transfer is relatively long, which takes about 20 minutes. The network can choose ordinary transfer or anonymous transfer, which has an impact on the level of privacy protection
most of the codes of zcash are very similar to bitcoin. For example, it is halved every four years, with a total of 21 million. Zcash has further improved the anonymity function of bitcoin. When it was released, it caused a sensation in the field of cryptography and blockchain. As a result, its price soared to more than seven times of bitcoin when it was first born. Zcash adopts POW consensus mechanism, block time is 2.5 minutes, block reward is 12.5 zecs, 20% of mining income in the first four years is automatically allocated to zcash team and investors.
1. The supply model of Zec is very similar to that of bitcoin - it also has a fixed and known distribution model
The miner needed for digging Zec coins is simpler and cheaper 3. Zec started late and has a bright futurehowever, despite the differences between bitcoin and zcash, they have something in common
zcash's token supply model is very similar to that of bitcoin - it also has a fixed and known distribution model, and its proction will be halved about every four years. Moreover, zcash (Zec), like bitcoin (BTC), has a maximum supply of 21 million
although the state does not advocate the use of it, it does not prohibit it. The so-called law does not prohibit it. If you want to go, you can learn more about it. However, the risks are much greater than those of stocks. It depends on how to grasp the big risks and profits.
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can't you apply for the Zec cloud Coin Wallet address.