ZenCash is a cryptocurrency based on Zcash code, it has a lot of features that go from private transactions to secure messaging for publishing on the IPFS. However, I would like to focus on one specific feature that I believe can really sky rocket the price in the next few Months: Secure Nodes
ZenCash Secure nodes aim to provide the foundation for a distributed and resilient network that will make ZenCash network impossible to centralize or destroy. Secure node owners will receive 3.5% of the Mining Rewards of the network, but here is the catch, in order to run a Secure Node, you need to lock-up 42 ZenCash tokens, this is around $281.4 at the time of writing.
DASH and PIVX have a similar model called Master Nodes and I expect the result of the implementation of Secure Nodes will have a similar effect in the price of ZenCash, why? – Because…
Secure Nodes owners need to buy tokens in order to active their nodes, this creates Demand. At the same time, the locked-up tokens in the running nodes create Scarcity. Secure Nodes will effectively reduce the Supply and Increase the demand, thus sky-rocketing the price!
If what you are reading makes sense to you, you need to head over to bittrex and buy some ZenCash while it’s still cheap. If you wish to run your own master node, there are some great guides created by @blockops in his personal blog: Blockoperations.com
PS. You can also mine ZenCash with GPUs.
Official Website: Zensystem.io
thank you @chitty maybe you meant @blockops in your post?
And there are three posts that I did on how to build a secure node here is a direct link to the second one. https://blockoperations.com/build-zencash-secure-node-part-2-build-zen-node/
Sorry, I corrected your user now.
You have a very good blog, I hope to see you more on Steemit
Yes, this is the reason I do not fancy much, master nodes... in the past it was interesting because it was a greedy investment... but now, after some scams, I got tired of investing in crypto that has master nodes configuration. I know it's a good buck in some situations... but in fact, 42 is not much for the total cap (21 Million).
Anyway, good to check on stuff like this.
Going to look into this , based on your judgement I see some potential from its charts . Will watch it for a few before investing
I can ZEN cash the ZEN of Wealth with a Target of $24
Shhhhhhhhhhhhh!!!!!!!!!!
lol
Most valuable post of zencash through bitterx. I`ll do it better recently, when assistance your guide article.
Upvote
Perhaps this can also augment your due diligence:
Thank you. ZenCash is a coin to have in mind.
UpVoted!
Great post about cryptocurrency post indeed zencash @chitty.
Before Let me know is this more profitable site more than steemit?
Good
follow and upvote hope do same
cripto paralar güç kaybediyor bir süre daha bu şekilde devam edeceğini düşünüyorum keşke herşey sizin anlattığınız gibi olsa ancak büyük yatırımcılar bir anda ellerindeki cripto paraları sattığı anda otomatik olarak çok yüksek değer kaybediyor spekilasyon yani yükselince satış yapıyorlar bir anda değer kaybına sebep oluyorlar tekrar alıp değer yükseltiyorlar bizim gibi küçük yatırımcıların paraları arada kaybolup gidiyor keşke herşey anlattığınız gibi olsa bitcoin bile bukadar oynak bir fiyata sahipken zcas daha çok zamana ihtiyacı olduğunu düşünüyorum
Nice info.
i don't know zen cash about but now are fully understant . i am always love crytocurrency . but many coin ico first time price and service so good but after all is down . but price is market releted . i mean many cryptocurrency are close ditribution but. this coin future i hope so good and valueble.
thanks for sharing
I like their ideas and think they get overlooked among the privacy coins. They'll have a publishing system as well. I could see businesses using this coin to send critical private documents along with currency.
Definitely a good price at the moment for ZenCash, don't miss out!
Buena info loco no conocia ZenCash, voy a buscar mas, salute ;)
I own tons of ZEN, my target is $24 per Technical Analysis. I call it the Zen of Wealth
