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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Zero by LUIS RIVERO R

Revainrating 4 out of 5

A highly private, little-known cryptocurrency.

This is a highly confidential cryptocurrency like the chain from which most of its Zcash code was taken, but Zero in this case is focused on its use and endorsement by the community, its main benefits for anyone who wishes to acquire and use cryptocurrencies is:
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-A highly private network, offering end-to-end anonymity.
-Really low fees compared to other currencies, and on some occasions and depending on the network 0.
-The information about the transaction and the process is totally public, but the amount and the destination wallet is not visible. (publishes)
-The user is who decides whether to publish the transaction and make it public, everything is in the hands of the parties.
In general, it is one of the projects that bet on the proof of work to extract blocks, although Zero depends 100% on the community to keep its chain active, for now it needs more usability, being listed in important exchanges can give it a great boost, Since it is a cryptocurrency that could generate a high demand, for now they are in the development of new applications, I would wait a little longer to give a final rating since Zero still has a long way to go.

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Pros
  • Highly private chain.
  • No prior sale for financing.
  • On some occasions, and if the network allows it, there are no fees for transactions.
  • Totally focused on the community that supports them.
  • The distribution is fair and with a reduced supply it could increase in value.
Cons
  • It still has problems with market capitalization, and its trading volume is low.