Review on Zero by Othere Obtentus
Instant, secure and private transactions
Zero is a decentralized cryptocurrency on a public blockchain that offers total payment confidentiality. Zero is forked from Zcash and combines the privacy and anonymity of Zcash with the security of Bitcoin. Zero is a competitive and fully operational project with many innovative features not found in other cryptocurrencies.
Zero operates on Proof of Work ASIC resistance algorithm running on a secure and private network powered by ultra fast nodes in its decentralized community. Zero is significantly faster than other popular cryptocurrencies and the transactions are processed within few seconds and with no transaction fee. Actually there is a small transaction fee of about 0.0001 Zer if the network is on full capacity but below the full capacity, no transaction fees are charged.
Zero transactions are shielded and impossible to track through zero knowledge cryptography and zk-SNARK technology. the addresses, transaction amount, and the memo field are all encrypted and not publicly visible
Pros
- Safe and Secure transactions
- Fast and Cheap transactions
- Low inflation
- Runs on it’s own unique algorithm
- No ICO No Premine
- Zero knowledge cryptography
- Proof of Work ASIC resistance algorithm
Cons
- It has an active but small community
- WIthout ICO and Premine, it is not well distributed
- Targets a very competitive market based on security and privacy
New products
Comments (1)
September 01, 2020
I think not having an ICO or premine means the coin was not shared to an insider group or select group. Which I feel is a good thing. It may not be evenly distributed but ZERO started fairly. It was a good move for a privacy coin don't you think?
