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Why zcash coins cannot be sold (zsc coin ICO price)

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Why zcash coins cannot be sold

Why zcash coins cannot be sold According to Coinmarketcap data, Zcash prices have not shown much improvement since trading began in January 2017. However, due to the anonymous nature of ZCash, the coin price experienced a sharp decline. In early 2018, the price reached a high point, but then quickly fell to its current lowest level (when Bitcoin prices were close to $20000). Now it has returned to around $20000, indicating that many investors are still optimistic about ZCash. If this situation continues one day, I believe everyone will also understand this issue. So why can’t Zcoin be sold? Because Zcash is a Cryptocurrency issued by the Ethereum blockchain, it does not have any practical value and liquidity. Its only advantage is that it can be used as a means of payment for cross-border remittance, trade financing and other financial businesses

For many people, the essence of zcash is a virtual token. It is a distributed ledger system developed based on Ethereum network. Through this protocol, various types of functions can be realized. For example, functions such as smart contracts can be fulfilled in an instant, without relying on blockchain technology or other centralized intermediaries to perform these tasks. At the same time, in order to facilitate people’s use of zcash as a digital asset, it is necessary to store their private data in a secure place, so that users can view their information at any time and ensure the security of their personal identity In the long run, the “privacy” attribute is very important, but the “privacy” characteristic is closely related to Bitcoin: “privacy” refers to the right of everyone to own or control passwords at a specific address, and as long as they hold a certain number of Zcash, they can access the corresponding account. These passwords can also be written into blocks through verification programs to maintain a tamper proof state, It can also be said that it provides an indisputable foundation for the entire ecology. Of course, this is also a problem that most people believe privacy features also exist. The ‘privacy’ attribute is not the most direct way to solve all problems, but primarily to address potential hacker attacks

zsc coin ICO price

According to official news, zsc coin ICO prices will start around 16:00 today. At present, the total number of ZscICO tokens is 1 million, of which 80% will be fully distributed to early investors and foundation holders; 20% will be publicly sold on the main online platform to encourage developers to actively participate in project construction and promotional activities. For more details, please refer to the announcement link on the official website (for more information)

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