ZenCash 2018, ZEN Forecast and Price Charts – When to buy ZEN? What is the ZEN price today? ZEN Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS ZENCASH (ZEN)?
ZenCash Coin is a cryptocurrency originated from bitcoin. The ZenCash Coin White Paper declares that the basic idea behind the project was dawned from Bitcoin, Dash, Decred, and Seasteading. ZenCash can use transparent and shielded transactions for a blockchain based business. Transparent to the Bitcoin blockchain method. Shielded transactions using zk-SNARKS from Zcash.
ZENCASH (ZEN): HISTORY
ZEN was launched May 30th, 2017. It is actively trading on Bittrex. ZenCash did not conduct an ICO or a pre-mine. ZenCash started as a chain split from Zclassic, implementing a base of ZEN owners. ZenCash is controlled by the Zen Blockchain Foundation, a non-profit organization in Delaware.
HOW DOES ZENCASH (ZEN) WORK?
ZEN enables non-decryptable interactions that spread over the whole network while shielding against denial-of-service assaults and spamming. It uses the excellent privacy technology, ZK-SNARKS. This technology is used for communication, individual transactions, and publication. It enables shielded transactions where the recipient address, sender address, and the transaction amount are not announced in the ZenCash blockchain.
HOW TO BUY ZENCASH (ZEN)?
User can’t buy it directly for fiat on any exchange. The user can choose the best coin exchange for your region and buy BTC there, then exchange it for ZEN on exchanges. Search if Coinbase is available for your country and buy it there – as it is by far the reliable and best-regulated bitcoin exchange. Once validated, the user can buy Bitcoin from exchanges, such as Bittrex/ Cryptopia/ Upbit. The best place to store the ZEN’s is the official wallet and if you are more concerned about security, then put this wallet inside a physical hard wallet.
ZENCASH PRICE PREDICTION 2018
ZEN is a marked improvement over bitcoin and is a sound currency to invest. The developments over Bitcoin makes it a good one to invest heavily. If you are in search for virtual currencies with a sound return, zen is a good option. The current value of ZenCash as of 2018-03-01 is 40.135 USD. If you buy ZEN for 100 dollars today, you will get a total of 2.492 ZEN. According to forecasts, the long-term increase is demanded. In one-year, the value is supposed to increase by 128.620 USD, and in five-years, it may increase to 450.106 USD. So with a five-year investment, the revenue is expected to be around +1021.48%. The invested 100$ may be up to $1121.48 in 2022.