Greetings Friends;
The name of a project is what arouses curiosity, affection and even enormous trust, and what does this mean? It means that through the name and its symbolism, any project of any kind can guarantee an essential narrative that can open the door to new things. Bringing this thought to the world of crypto, how can we reflect on it? The answer is quite simple, and in this case we must find projects that motivate us to evolve, to grow as a person, as an investor and as a whole in this thriving ecosystem that we know as cryptocurrencies.
In a way, it's with this introduction that I'm going to write about Zero, a project that has the possibility of growing and also introspectively provides two narratives that can be seen in a certain way and at a certain time:
- A place where everything can begin
- Place to start again
The symbolism of 0 represents birth and everything related to renewal, and with just the two narratives I mentioned we can already understand that it's a unique project that is open to new things. It is no wonder that this year the Zero project completed 8 years, with its genesis block, the time needed to be ready and understand the current situation and the needs of the market with its reference to the past and periods of scarcity and ambiguity. We can say that Zero experienced in practice what a market chart means, and all of this carrying with it the technology of Bitcoin and the privacy and anonymity of Zcash.
What is Zero? What can we expect from this project?
Zero is a cryptocurrency created in 2017, a project that is almost 10 years old, whose purpose is to offer total confidence in transactions and payments even with so much progress today and even though it is a project created some time ago, it keeps up to date as much as possible to deliver its essence and meet the needs of its users. In practice, its foundations are summed up in 3 basic principles that guarantee the solidity of any cryptocurrency:
- Decentralization
- Open source
- P2P
With these three pillars in place, Zero provides an integrated, peer-reviewed blockchain. What does this mean? Solidity, but In theory, it means that at the heart of its technology are zero-knowledge proofs, which allow transaction data to be validated without revealing information about the value and parties involved (Legendary zk-SNARKs - Zcash's principle quality and all aspects of privacy).
Is Zero prepared for the new trends? Such as the use of artificial intelligence and quantum technology?
These technologies are new and need to be aligned and revised until they reach mass use, but the question is interesting. We should go back a bit and think about whether Project Zero is open to current technologies, and the answer is yes. Yes, my friend, using only the open source pillar, we can understand that its technology is open to new updates and practically infinite variations, and everything will depend on the interest of the developers, community interest and market demands. So we shouldn't worry about whether or not a project from 2017 is fit for today, but rather ask ourselves if the foundation of the project is solid and has resources for modification and thought. In this case, Zero has these fundamentals.
Turning now to artificial intelligence and quantum technology, I believe that blockchain technology is capable of receiving alternative “plugs” that ensure greater adaptation, otherwise the whole market will collapse. The question is: Will they leave a 3.3 trillion dollar market or will they make these more advanced technologies adapt? I believe that the second answer is the most sensible one and so we shouldn't worry about adaptations because sooner or later they will happen.
Will Privacy and security still be Necessary?
Without a doubt, and although privacy is not the hot topic of the moment, sooner or later large corporations and governments will understand that a secure and private blockchain is the solution against attacks and manipulation. However, there is a reluctance among newcomers to demand a highly open blockchain so that everything and everyone can follow it. Therefore, these are phases of crypto and this is just another one that will be adapted and reflected in the near future. Therefore, we must understand that privacy is an important segment and that it's part of the market and history of cryptocurrencies.
On the other hand, the security aspect is what we call a crucial tribute, because without it no project of any kind in life can move forward and knowing this I believe that this is the first thing to be thought about when developing a cryptocurrency and this was certainly done with Zero.
Zero Specifications:
Coin
Name: Zero
Symbol: ZER
Algo: Equihash 192,7
Circulation Supply: 14,006,175
Total Supply: 17,000,000
Exchange
Conclusion
Despite being on the market for a long time, the Zero project is strong enough to meet your needs and the demands of the market, and even if there are some demands, the developers are prepared to change course according to your needs (this is not a problem, but a solution). Now, when you think of solidity, you've found the right project because, as well as carrying with it the energies and foundations of the past, Zero understands that being up to date is the key to carrying its past into a prosperous future and how will this be done? It will be done through continuity, updating and whatever is necessary in a positive way to put Zero on top.
Regarding symbolism, we must understand that it is not always bad to start or start over... It all depends on you and your approach. What do you think about starting with Zero?
Are you ready to be part of a project that has been on the market for years? What do you think about taking a look and understanding how the project works? Understand its benefits? qualities?
There are links at the end of the article if you are looking for more technical and precise information. I hope you enjoy the article and try to reflect the good in my words.
Focus on speed, Focus on Decentralization, Focus on privacy... Focus on Zero!!!
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