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ZCash Price Prediction- How Much Will cost ZEC in 2018\20\25?

  • George Shnurenko
    ⭐ Features

    Doubt whether you should invest in ZCash? Let's find out whether this cryptocurrency has any potential.

ZCash Price Prediction- How Much Will cost ZEC in 2018\20\25?
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The world of cryptocurrency has witnessed a massive appearance of different altcoins during the recent year. One of the most popular cryptocurrencies is ZCash. It hasn't been around for too long, but already gained an army of supporters and contributors. Have no idea what ZCash is? Wonder whether it's worth investing into? Then this article is for you! Let's get the basic idea of what ZCash is, and read ZCash price prediction for the following years.

What is ZCash?

In Zcash Blockchain, a specific protocol called zk-snark is used– this is the proof of construction. With this protocol, you can maintain a secure ledger of balances anonymously, while the amount of transactions is not disclosed. In Bitcoin, each transaction is verified to unlock the output. The total supply of Zcash is also 21 mln of coins – the same as Bitcoin. But even with the same issuance speed, all ZEC coins will be issued within 131 years. Instead of processing one block for 10 minutes, Zcash does it four times faster (2.5 seconds).

Generally, ZCash is more user-friendly, as it is a more secure platform that allows for private transactions in a public Blockchain– the data will stay safe and secure. Thanks to that, businesses, applications and consumers can set up the level of access to their transactions.

ZCash vs Bitcoin

For you to understand the notion of ZCash better, let’s compare it with BTC:

Bitcoin

ZCash

Processing of one block takes 10 seconds

Processing of 1 block takes 2.5 seconds

All transactions are made public

The users select which details of their transactions can be displayed

Does not implement smart contracts

Allows for smart contracts

Uses proof-of-work protocol

Uses Zero Knowledge Proof protocol

ZCash performance in 2017

Right from the start, the coin got a decent value– at the beginning of 2017, it was worth about $37. Then ZCash price prediction April 2017 became true, and it started gaining at price slowly. According to ZCash price prediction April 2017, the coin should reach the threshold of $50, but it actually outlived the expectations and was worth more than $60 in this month.

It should be noted that ZCash price prediction 2017 was justified– by the end of the year, the coin cost about $500, and continued the growth further. Within a short period of time, it became one of the top 20 cryptocurrencies of the world.

👉MUST READ How to Mine ZCash in 2018- ZEC Mining For Beginners

ZCash price prediction 2018

This year, the coin experienced serious ups and downs: in January 2018, it reached the peak price of $876 but fell down as quickly as it soared. Despite ZCash price prediction May 2018 wasn’t as lucky as a year ago– instead of gaining in value, ZCash was fluctuating heavily and changed its price from $220 to $330. ZCash 2018 price prediction for the further months is controversial. According to the most realistic forecasts, it can reach $554. Some analysts say it can be even $2,100 and higher.

Even if ZCash doesn’t get that high, in 2019, its price can still reach the limit of $200.

ZCash price prediction 2020

When it comes to more distant years, ZCash coin price prediction turns out to be more difficult. For example, some analysts claim it can start at the point of $195 and finish at $429. Wallet Investor gives more positive forecasts– ZCash price can range from $370 to $2,222.

ZCash price prediction 2025

Making such long-term price prediction for ZCash isn’t the best idea, because no one knows what can happen within seven years. However, overall statistics is positive: the cost of cryptocurrency can grow to minimum $2,037, in the best case to $2,500-$8,800. Some investors claim it can even reach the threshold of $60,000.

What the value of ZCash depends on?

When it comes to price prediction ZCash isn’t the easiest sphere. The fact is that its cost can be defined by a myriad of factors, including:

  • The usability of z-addresses. Now, it's not always possible to implement shielded transactions.
  • The amount of processing power at disposal and increase of the number of processed transactions.
  • Introduction of ZCash in startups and different projects.
  • The market cap of Zcash. Due to the fact that the overall coin supply is limited, and the coins are issued slowly, Zcash price can grow quickly and considerably.

So is ZCash worth investing? There are many factors proving that it’s one of the most perspective currencies with a huge potential for price growth. So if you have the opportunity to invest, do it right now!

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Question of the Day: Can Stablecoins Accelerate Cryptocurrency Adoption?

  • Yuri Molchan
    ⭐ Features

    Stablecoins show hardly any volatility compared to Bitcoin and altcoins, many are hoping that they will be able to bridge new crypto economy and regular fiat money

Question of the Day: Can Stablecoins Accelerate Cryptocurrency Adoption?
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Bitcoin, the father cryptocurrency, emerged in hope that it will remove all intermediaries in electronic commerce that cut off their share of payments. BTC was perceived as a P2P way to replace fiat cash in an electronic format, which would enable one party to pay another without any financial institution or payment platform which would demand its share of a transaction as a reward for its services.

What is wrong with Bitcoin

For quite a while Bitcoin was performing the way the crypto community expected. But the situation changed later – BTC rate became weaker, thus bringing down its financial and economic reliability, when it gets to be used as a regular means of payment.

You cannot have a currency that would cost like a British castle today, a gram of gold – tomorrow and a pack of French fries the day after.

At that point practical fintech minds came up with an idea of creating something which would become a breakthrough in the universe of crypto – a so-called stablecoin.

Will stablecoins solve the volatility problem?

Technically, stablecoins are protected from the volatility roller-coaster that Bitcoin and other cryptos love to ride. They are programmed to keep their prices stable and investors now are largely attracted to this new type of digital assets.

Stablecoin does not show any volatility in its monetary value, since it has a fixed connection to an asset it is pegged to. The major goal of using stablecoins is taking the best from decentralized crypto coins and combining it with a constant value. Thanks to it, stablecoins can be used as a reliable means of trade.

Asset-pegged stablecoins

Asset-backed ones get their value from an asset as can be understood from the name. An asset provides the necessary value to a coin, as well as the necessary legitimacy.

A great example of an asset-pegged stablecoin is Tether (USDT). In spite of a series of scandals at the end of last year, it remains the most popular stablecoin in the crypto market.

Recently, it has partnered with the Tron Foundation to launch a Tron-based stablecoin.

Other examples are TrueUSD (TUSD), USD Coin (USDC), the Gemini Dollar (GUSD), and the Paxos Standard (PAX). They are all pegged to the USD.

Crypto-backed stablecoins

Some digital coins work in a similar way to fiat-backed ones, however, they are pegged to collateral crypto. That means that crypto assets that ensure the value of such stablecoins are stored in a wallet similar to escrow.

A good example of a crypto-pegged token is Maker, which is ranked 16 on CMC.

Algorithmic stablecoins

Even though, stablecoin can be interesting at first thought but the way they are built goes against the principle of decentralization that crypto coins have as a foundation. Thus, many crypto fans and evangelists are positive that stablecoins must be linked towards not a centralized asset but a computer algorithm which takes value from a balance between supply and demand.

Basis is now considered the most promising algorithmic stablecoin of all.

👉MUST READ John McAfee Says Exactly When Bitcoin Will Hit $1 Mln, IBM’s Jesse Lund Goes for More Modest Forecast

Can stablecoin ensure smooth future for the crypto industry?

The primary goal of all crypto assets was and remains to come up with virtual asset that would be liquid enough and not vulnerable to market volatility. From this point of view, stablecoins are a dream of all crypto fans and evangelists of a decentralized economy.

Apart from the potential to conduct crypto transactions smoothly, experts believe it can bridge the two worlds – fiat and crypto, bringing them a mutually beneficial coexistence. However, that may take time.

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