Zcash virtual currency 2019
Publish: 2021-04-27 16:00:04
1. Hello, just buy bitcoin
advantages
complete decentralization, without issuing institutions, it is impossible to manipulate the number of issues. Its distribution and circulation are realized through open-source P2P algorithm
anonymity, tax exemption and supervision free
robustness. Bitcoin is completely dependent on P2P network and has no distribution center, so it cannot be shut down externally. Bitcoin price may fluctuate and collapse, and many governments may declare it illegal, but bitcoin and its huge P2P network will not disappear
cross border. Cross border remittance will go through layers of exchange control agencies, and the transaction records will be recorded by many parties. But if you trade with bitcoin, enter the digital address directly, click the mouse and wait for the P2P network to confirm the transaction, a lot of money will pass. It does not go through any regulatory agencies and will not leave any cross-border transaction records
it is difficult for the cat to survive. Because bitcoin algorithm is completely open source, anyone can download the source code, modify some parameters, recompile, and create a new P2P currency. But these counterfeit currencies are fragile and vulnerable to 51% attacks. Any indivial or organization, as long as it controls 51% of the computing power of a P2P currency network, can manipulate transactions and currency value at will, which will be a devastating blow to P2P currency. Many Shanzhai coins die in this link. The bitcoin network is robust enough. If you want to control 51% of the computing power of the bitcoin network, the number of CPUs / GPUs required will be astronomical.
advantages
complete decentralization, without issuing institutions, it is impossible to manipulate the number of issues. Its distribution and circulation are realized through open-source P2P algorithm
anonymity, tax exemption and supervision free
robustness. Bitcoin is completely dependent on P2P network and has no distribution center, so it cannot be shut down externally. Bitcoin price may fluctuate and collapse, and many governments may declare it illegal, but bitcoin and its huge P2P network will not disappear
cross border. Cross border remittance will go through layers of exchange control agencies, and the transaction records will be recorded by many parties. But if you trade with bitcoin, enter the digital address directly, click the mouse and wait for the P2P network to confirm the transaction, a lot of money will pass. It does not go through any regulatory agencies and will not leave any cross-border transaction records
it is difficult for the cat to survive. Because bitcoin algorithm is completely open source, anyone can download the source code, modify some parameters, recompile, and create a new P2P currency. But these counterfeit currencies are fragile and vulnerable to 51% attacks. Any indivial or organization, as long as it controls 51% of the computing power of a P2P currency network, can manipulate transactions and currency value at will, which will be a devastating blow to P2P currency. Many Shanzhai coins die in this link. The bitcoin network is robust enough. If you want to control 51% of the computing power of the bitcoin network, the number of CPUs / GPUs required will be astronomical.
2. Zcash is a typical representative of anonymous currency assets, and it is also the highest anonymous digital asset at present. How can it achieve anonymity
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.
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.
3.
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 future4. There are many structural similarities with bitcoin design, but zcash uses advanced new encryption technology to provide optional and improved privacy and transparency, and uses its own unique blockchain
however, 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.
however, 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.
5. The trading forms of digital currency and stock are roughly the same. Note that I'm talking about forms, not rules! Digital currency also has exchanges. Different exchanges will have different currencies. After each digital currency is opened, there will be real-time transactions! As for which exchanges there are, it's not convenient to say, and most of them can't log on now.
6. Zcash is the first blockchain system to use zero knowledge proof mechanism. Like bitcoin, the total amount of zcash token (Zec) is 21 million. The difference is that zcash transaction automatically hides the sender, receiver and amount of all transactions on the blockchain
7. Motnghindong is Dong, 3300 Dong is equivalent to 1 yuan
8. The essence of currency is the consensus of different blockchain nodes (all of us) on the value of the same thing. If consensus exists, then value exists. Value exists only among people who have reached a "consensus".
9. Domestic zcash currency trading platforms include lianxing.com, yuanbao.com and yuncoin.com.
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