Why You Should Buy ZCash (ZEC) While It's On Sale

Why You Should Buy ZCash (ZEC) While It's On Sale


ZCash, the cryptocurrency created by the Electric Coin Company is the second largest "privacy" coin behind Monero. It can be purchased on all the major exchanges including Coinbase and Gemini. It is a large-cap cryptocurrency that currently ranks #26 by cryptocurrency market cap with a total capitalization of $469 million.

Zcash is essentially a modified Bitcoin with "zerocash" protocol installed. It is a well-known coin that has suffered during the cryptocurrency winter and currently retails for less than $65. Zcash is being modified to meet scalability requirements with an Ethereum protocol called "sharding" that will require an entirely new blockchain and a retooling of the digital asset. This is seen as a risk, but plans are in place to make this a reality that will not destroy investor wealth at all.

Zcash is currently being upgraded. The uncertainty is priced into the market, and the coin has alot of upside potential. Zcash has an all time high of around $400 in Q4 2017. Buy it now for less than $70 and get ready for a turnaround in a year.

 

Sources:

Originally published on my Weku account I own at:
https://main.weku.io/community-deals/@wstanley225/why-you-should-buy-zcash-zec-while-it-s-on-sale

Also published in my Minds, Hyperspace, Publish0x, Serey, Golos, Bearshares and Whaleshares accounts I own.

Picture from Pixabay.

https://www.google.com/amp/s/cointelegraph.com/news/firm-behind-zcash-to-introduce-new-version-of-protocol-with-sharding/amp

:https//www.google.com/amp/s/finance.yahoo.com/amphtml/news/privacy-crypto-zcash-undergo-complete-064613297.html

https://coinmarketcap.com/currencies/zcash/

How do you rate this article?

0


BitcoinCrazy
BitcoinCrazy

I am a writer, aerospace worker, cryprocurrency enthusiast and entrepreneur. I am a blogger and am eager to join this community.


Introducing Myself on Publish0x-Wstanley224
Introducing Myself on Publish0x-Wstanley224

Hello Publish0x community! I am a blogger who is excited to join you. I enjoy writing about cryptocurrency, life, business and the financial industry. Join me on my journey, I am glad to be here.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.