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Review on Zero by Douglas Cachazo

Revainrating 4 out of 5

Zero ZER: Cryptomeneda for the financial world with anonymous and economic transactions.

Cryptocurrency that was born for commerce, as a fork of Zcash and is based on Bitcoin, whose main characteristic is that all transactions are 100% anonymous, with low cost and with great security. Their philosophy is that you as a merchant are the owner of your transactions and even of the addresses of your cryptocurrencies, that is why they have their own wallet and they recommend that you keep the Zero ZER cryptos in it. It uses a combination of a decentralized private network that runs under a public blockchain. Aside from the anonymity with untraceable transactions, it benefits from faster transactions than Bitcoin, Ethereum, Zcash and Monero with transaction fees of 0.0001 Zer when transaction volume is high and 0 when it is low. Due to the algorithm used for mining, you must have a high-end computer with a powerful video card, which shows high electricity consumption for mining. In Zero you have your own wallet and it is the Zero Wallet, they recommend that you keep your assets in your zero wallet and the reasons they give for not keeping them in an exchange I totally agree with it, and I think we all are as they are: A Exchange is a target much coveted by pirates, so it is much more likely that they will pirate it, this has already happened and the exchanges can close and you lose your coins. Reviewing statistics today we find that its current price of 0.1116 dollars, its highest historical price was in January 2018 and was 9.94 dollars and its counterpart a year later was 0.0089. Recommended currency for merchants with high volume of transactions, not for individuals

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Pros
  • Untraceable and fastest transactions on the market
  • Low transaction fees with high volume of them and zero if it is low
  • Own wallet and you can have it on your PC or Mobile
Cons
  • Requires powerful PCs and high electrical consumption, non-ecological mining