Review on Zel by Victor Nnamah
ZEL: a fork of Zcash.
Based on my researches on this project I can tell that a little about ZEL, ZEL is a cryptocurrency token that influences the whole operations that are carried out on the ZEL ecosystem. Although I have not operated on its interface, I discovered from my detailed researches that ZEL is a fork of Zcash, operates on the Bitcoin blockchain network and also minable.
ZEL are rewarded to miners and node operators as incentives, it is tradeable and from the price chart I saw, I think ZEL is a good idea for investment because its price fluctuates perfectly. It is available on some exchange markets and mainly exchanged for BTC, ETH and USDT, some active markets for trading ZEL are TOKOK, Hotbit, GRAVIEX and maybe some others.
Moreover, ZEL can be stored or held on its wallet, Zelcore, which issues anonymous transactions because it does not store personal information of users and recovery seeds and uses 2fa for the purpose of securing users assets from Invaders. It also supports instant swaps, on getting an overview of the Zcore, I discovered that it supports many cryptocurrencies and even the ones I have never known before. However, it looks complicated and a beginner in crypto could easily get confused.
In conclusion, I can't wait to signup on this system but I'll advise all investors to make careful researches before operating on any blockchain system.
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Pros
- It carries out highly transparency of operation.
- It carries out anonymous transactions.
- Transactions are fast and secure.
- ZEL is minable.
Cons
- Operating on this system is confussing sometimes.
