ZenCash is probably the best privacy coin right now, and while it hasnt been around as long as Dash or Monero, it definitely has much more exciting developments in security, anonymity, and privacy.
https://zensystem.io/
https://github.com/ZencashOfficial
ZenCash is an improvement of the "zero-knowledge" tech from ZCash. From a Technical point of view, this coin has a massive future as governments try to invade on your financials and get what they believe is theirs to spend on war and padding unfair corporate bailouts/subsidies. (IMO)
For more information, check out this beautiful whitepaper that would make any tin-foil hatter cream his/her pants:
https://zensystem.io/assets/Zen%20White%20Paper.pdf
To cover some highlights, it is end-to-end encrypted and zero-knowledge where the system doesn't have to know you to process your transactions.
ZEN covers 3 major functions:
"1) transactions 2) communication, and 3) competitive governance."
Yeah, so along with the whole money thing, you can also use ZenTalk to communicate privately. #3 means that the community, which holds ZEN, can anonymously self-govern. This is the essence of freedom! Members can vote on development, from structural changes to the recent logo contest!
Check out this post by BLACKOPS, a community member:
https://blog.zensystem.io/zencash-logo-contest-first-round-voting-live-nov-5-to-nov-8/
Please, read the whitepaper. It is relatively easy to read, and describes a lot of great anonymous communication functions.
THINK ABOUT IT PEOPLE:
We are exiting the Information Age, and going into the Social/Communications Age. LOOK AROUND YOU, what has been the major driving force for all of the latest political conflicts??
How did FACEBOOK become a revolutionary tool while simultaneously being an ego-stroking, psychopath generator??
The world is becoming more vocal, and the regulatory bodies are becoming more.... REGULATORY.
ZenCash really embodies what we all were inspired to believe Bitcoin was back in 2009, and builds on ZCash and ZClassic with more sustainable funding structures. That is a big problem with the mining of ZCash where 20% of the block reward goes to the developers 0_o
ZenCash blocks are divvied up as follows:
"(a) 88% to miners.
(b) 5% to one or more DAOs.
(c) 3.5% to Secure Node Operators.
(d) 3.5% to the Core Team."
Yeah there is a MasterNode type structure as well. Set-up on Linux with 42 tokens, you can form a secure node, which is an improvement on the PoS/MN ideas. These nodes ensure encryption of the system.
It really seems that ZenCash is an improvement on a lot of existing tech by making it all more secure, and to make it better they have a unique DAO set-up to help the community run the system, based on ownership.
Here is an infographic comparing BTC with ZEN:
Source: blog.zensystem.io
ZEN is more decentralized and was created to stay that way.
Im now going to provide some information on the founders, and wow are you going to be impressed.
They are three who have previously been intimately involved with government operations relating to security, finance, mathematics, physics, international business, economics, etc., and have each been established as entrepreneurial powerhouses.
Robert Viglione:
"Robert is also a former physicist, mercenary mathematician, and military officer with experience in satellite radar, space launch vehicles, and combat support intelligence."
Source:
https://www.financemagnates.com/cryptocurrency/interview/zencashs-robert-viglione-talks-borderless-cryptocurrency/
He is also a PhD Candidate in Finance for his study titled: "Does Governance Have a Role in Pricing: Cross-Country Evidence from Bitcoin Markets"
http://ssrn.com/abstract=2666243
He has worked in the Air Force, Marine Corps, Army Calvary, Spec. Ops Task Force Intelligence, and has used his mercenary mathematics to analyze battlefields and abstract social patterns with respect to military and friendly operations. This guy is a mathematical force in the world with his incredible, world-class analytical capabilities.
https://www.linkedin.com/in/robert-viglione-2780634/
Jane Lippencott:
From what I have read about her and her accomplishments, Jane is a natural leader and bridge between East and West. She is an American who was raised in Hong Kong and studied Intl. Business, Admin., Finances, Econ., Mandarin, Data Analytics, and more!
She is a Co-Founder and Co-Executive with ZenCash and manages over $1million/per month building the ZenCash and it's community to be more inclusive and in line with the core values.
Wow, what an incredible person!
https://www.linkedin.com/in/jane-lippencott-999060a2/
https://twitter.com/janehk?lang=en
Rolf Versluis:
Here is a bit of his formal education and certifications:
- Electrical Engineering degree from United States Naval Academy.
- Post-graduate Nuclear Engineering Training in the classified US Navy Nuclear Program.
- Previously qualified to be Chief Engineer of US Navy nuclear propulsion plant.
- Cisco Certifications - CCDP, CCNP Route/Switch, CCNP Collaboration
So, that's one Co-Founder who has been in the Navy (Rolf) and one who has been in the Air Force (Robert).
Rolf has world class experience in/as Electrical and Nuclear Engineering, Information Technology Sales and Services, Data Networking [Wired and Wireless], Network Security, VoIP systems, IP Phone systems, Server and Storage systems, Company Building, Semiconductors, US Navy Officer on a fast attack submarine, and more!
https://www.linkedin.com/in/rolfversluis/
Holy shit. What an incredible Founding Team of superstars! Ex-USA Government Agents and International Entrepreneurs are at work aligning ZenCash to be the Crypto most intimately capable of being secured against the greatest governmental forces in the WORLD!!!!
Check out the rest of the excellent ZenCash Team:
https://zensystem.io/team/
An interesting mix between those who wish to show their faces and those who wish to remain anonymous. This is a concept that a lot of teams have polarized on, and it reflects with trust or mistrust in the community. With ZEN, one of the core values is to be anonymous if you so wish.
Here is a document written by Rolf Versluis for Investment Professionals:
https://blog.zensystem.io/wp-content/uploads/2017/08/ZenCash-Overview-for-Investment-Professionals-v2.pdf
The prices for ZEN are 10x since this evaluation, and ZEN is expected to be between $250-500 this year :O
Okok so I hope you enjoyed this overview of ZenCash, which is by no means comprehensive. If you enjoyed this post or found it informational, please please RESTEEM, UPVOTE, COMMENT, AND SPREAD IT AROUND LIKE GREASE IN A SLIPPERY DISCO PARTY!!!!
PEACE+ZEN
Thank you for doing the research and creating this write-up on ZenCash!
Absolutely, Sir/Madam! It was a joy to do for such a great project!