Zec
Revisit Grayscale Zcash Trust Privacy Crypto Scarce Supply ZECWe appear to be experiencing the late-stage of Grayscale Solvency FUD, Anti-Barry Silbert FUD, and peak macro-doomer saturation
If true then the trend could reverse and give opportunity for 100-400% upside. Take a Look at the performance of Grayscale ETCG from its 2018-2019 lows to highs that occured mid-cycle, pre-bull run (More than 500-600% gained)
Grayscale® Zcash Trust (ZEC)
(ZCSH)
Digital Assets
OTCQX US
TradeSet AlertAdd to Watchlist
$1.895
Today's Change
$0.205(+12.13%)
Bid/Size
$1.85/160
Ask/Size
$1.94/628
Today's Volume
4.9KAbove Avg.
Today's Range
$1.69$1.95
52 Week Range
$1.50$17.30
Today's Open
$1.69
Previous Close
$1.69
Quote as of 10:51 AM ET, 01/09/2023
Zcash about to Attempt to Go Turbo Mode ZEC $200 September?!The massive dump has been caused by miners liquidating. Levered futures players are also getting washed out
Our mission at Electric Coin Co. (ECC) is to empower economic freedom, and to that end, we contribute to and support a fair, open currency to protect the freedom, dignity, consent, and security of people all over the world.
Sensible policy guidance and education are at the core of our work with socio-political stakeholders, and ECC advocates that privacy is essential for personal, business, and national security. Our partner network in these endeavors includes think tanks, academic research centers, and nonprofits that provide thought leadership and advocacy for issues that affect Zcash users.
Zcash is compliant and fully compatible with global AML/CFT standards, including all final FATF recommendations, the European Union’s Fifth Anti-Money Laundering Directive, and the United States’ Anti-Money Laundering regulations. It is approved by the New York State Department of Financial Services (NYDFS), a key requirement for listing on major exchanges, like Gemini and Coinbase.
Zcash big picture. Is Prosperity in Our Future? ZEC DXY Long-term sustainability with the Zcash Posterity Fund
Nathan Wilcox | August 4, 2022
As we conduct research into Proof-of-Stake (POS) and develop a recommendation for Zcash, an outstanding key area is how the issuance schedule for new ZEC would interact with PoS security. In this post, we take a step back from PoS itself, and analyze how issuance and fees support long-term network sustainability. We introduce a proposal, which we call the Zcash Posterity Fund (ZPF), for modifying ZEC issuance in order to improve long-term financial sustainability of the network, while maintaining the 21M ZEC supply cap and approximate issuance rate. This proposal is independent from PoS or any consensus protocol recommendations and could be adopted with the current PoW consensus protocol with the same benefits and drawbacks. We will be gathering feedback from across the Zcash ecosystem about this proposal.
Why now?
We believe this proposal could be a beneficial precursor to three promising lines of development for ZEC:
Improvements to transaction fee mechanisms can use the Zcash Posterity Fund to improve resilience and predictability of the network.
A transition to PoS can rely on this proposal to ensure key properties of the supply and issuance schedule are preserved.
New functionality such as Zcash Shielded Assets can use this proposal for new fee mechanisms that have good incentive alignment for ZEC sustainability.
Because all three of these nascent improvements are underway, we want to float this proposal now to see if it can benefit all three efforts.
Additionally, this proposal introduces a way to direct funds towards sustaining the network into the future, so adopting the proposal earlier enables that funding mechanism to begin accruing value earlier.
Funding the network
The core innovation of Bitcoin which all cryptocurrency inherits is that the network funds itself. In Bitcoin, Ethereum, and many public crypto networks, the built-in funding is paid out to block producers. In Zcash, this funding is split between block producers and the Zcash Development Fund, which contributes to education, technology development, and other activities that support and enhance ZEC.
Generally, funding to support a network can either come from within the protocol itself, for example in mining rewards, or from other sources, such as when an organization has raised capital elsewhere and funds development work on the protocol or products.
External funding is important and can have a large impact. However, there’s no guarantee when or where these sources will appear, that these funding sources have incentive alignment with ZEC holders, or that they will remain as dependable sources of funding over a longer period. For all of these reasons, we believe it’s important for ZEC users to focus on maintaining or improving the intrinsic sustainable funding mechanisms in the protocol itself.
This post and the Posterity Fund proposal focus on the sources and amounts of network funding and are agnostic as to the recipients, so they are applicable to the current mining & Dev Fund structure of ZIP-1014, or future changes to infrastructure & development funding, consensus mechanisms, or other changes to funding recipients.
The Zcash Posterity Fund
We propose a change to the Zcash issuance system we call the Zcash Posterity Fund to help reduce uncertainty about the long term sustainability of Zcash while maintaining the key properties we believe most ZEC users prioritize. The proposal maintains these properties (along with their benefits and drawbacks):
The 21M ZEC supply cap,
A disbursement rate that continuously halves every four years,
A non-discretionary issuance rate.
Meanwhile, this proposal would change these high level features from the current Zcash design:
The halving epochs would be replaced by a smoothly declining disbursement curve,
Fees which deposit into this mechanism would be distributed over time in block rewards.
Zcash Posterity Fund definition
The specific high level definition of the Zcash Posterity Fund proposal is as follows:
If the proposal is activated, a new Fund would be entirely managed by the protocol. (There are no private keys, wallets, individuals, or organizations controlling this protocol-managed Fund.)
The initial balance of the Fund when created is equal to the number of not-yet-issued coins, or equivalently 21M ZEC minus the current outstanding supply.
Starting from the block of activation, the current block reward rules no longer apply, and instead block rewards come from ZPF Disbursements.
The proposal does not define the recipients of disbursements, which should remain unchanged if this proposal is accepted. Meanwhile, the proposal does restrict the amount of disbursement:
Disbursements may be no more than a fixed percentage, X%, of the Fund’s current balance in a given block.
The parameter X% is calculated from the block target time so that without any incoming Fund deposits, the balance of the Fund reduces to half over a four year period.
If future changes to consensus rules alter the block target time, or other aspects of transaction finalization timing, those changes must update this X% parameter to fit the “four year half life” rule to the best practical approximation for that new protocol.
Future consensus changes should not alter the balance of the Fund other than by instituting new deposits from the extant supply.
Future consensus changes should not increase the disbursement rate X% beyond the “four year half life” rule.
The final piece of the ZPF proposal is that it now becomes possible to transfer Funds from the circulating supply back into the Fund via Deposits. Future protocol-enforced fee mechanisms may require fees to do this. This base proposal is not specific to any particular deposit mechanisms.
Visualizing changes to issuance & supply schedules
If this change were adopted and there were no deposits, the disbursements would alter issuance away from halvings into a smooth curve. We can visually compare current issuance to disbursements without deposits for a hypothetical activation height:
Current issuance vs Zcash Posterity Fund disbursements.
This uses a hypothetical activation height after the second halving.
If there are significant deposits into the Fund, the slope of the disbursement curve would be increased above the line shown. In any period without deposits, the curve would continue to have the same rate of exponential decay with a negative slope.
The impact on the overall supply schedule in the absence of deposits is barely visible at a long time scale:
Current supply schedule vs Zcash Posterity Fund disbursements (w/out deposits).
This chart uses the same hypothetical activation height as the previous chart.
In the presence of deposits, the supply will always be equal or less than the line above. With sufficient deposits the supply growth rate can even become negative during that period.
The Posterity Fund and sustainability
The essential element of the Posterity Fund is to enable deposits from the circulating supply, which allows a feedback loop from current usage to future funding:
Comparing Tokenomics between status quo vs the Zcash Posterity Fund proposal
Both the status quo and this proposal have a capped supply of 21M. We can think of the proposal as introducing a single new element, deposits, which enable a feedback loop between the circulating supply and future funding.
This does not “solve” long term sustainability by itself, but it provides a framework that focuses the problem of sustainability on finding sufficient sources of deposits to maintain the network. If over longer time scales of years, the rate of deposits is equal to or larger than payouts, the system can run indefinitely. Meanwhile, if over shorter time spans of months or less, the deposits are below the payout rate, the protocol can weather that period for quite some time.
Sustainability of the status quo
So far the Zcash network funds itself using the Bitcoin design. New coins are issued on a schedule that approaches a limit of 21M units over time:
BTC & ZEC supplies over time
The issuance over time follows the Bitcoin halving schedule design:
ZEC issuance
CZ Binance Predicts The Start of Zcash ZEC BNB Bull CycleHeavy Long under $30.00 per ZEC coin and wait for $300.00 per coin to sell.
Financial privacy is important
Spend it, save it or send it to a friend. Unlike many other forms of payment, Zcash shielded transactions keep all your financial information private and in your control.
ZEC is in the purchase zone !!!The price is in the global purchase zone 34.83-16.24
Purchase level 25.26
+ In the sweet shopping zone 32.62-23.91
Level 27.93
Volume price 36.57
The price of the total volume is 62.90
So far, it gives the level of 43.82 and the adjacent zone!
While watching the buying zone!!!
Verge XVG is almost over - Pivot to Zcash ZECXVG has been a pond fisherman's dream - returning more than 300% in only a month
its risk vs reward potential is currently extreme, which means that selling well take over soon and return the chart to normalized activity
My next recommendation for a pond fishing crypto is Zcash ZEC-USD which has similar fundamentals to Verge (Proof of Work, Privacy, capped supply, good exchange availability, has not pumped and dumped recently)
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Zcash (ZEC) forming bullish BAT for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of Zcash (ZEC) with US Dollar pair.
Previously we caught more than 18% pump of ZEC as below:
Now on a daily time frame, ZEC is about to complete a bullish BAT move for the price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ZEC-USD accumulation cycle theory: Zcash Privacy Cryptoz.cash
Zcash has a new and improved web portal, and many new wallet features and full node solutions have been provided this month.
The chart has been strictly bearish for more than 12 months, but it now appears that an accumulation cycle can begin.
Whenever the bull market eventually returns, look for a 12 month low to high cycle structure, this is estimated to happen from early 2024 into early 2025
Zcash has its halvening in November 2024 which will occur at a point of major retail attention.
Reasonable Crypto Trade on weekly ZEC chart?Reasonable Crypto Trade on weekly ZEC chart?
Risk/Reward Ratio = 15
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
ZECUSDTZECUSDT: Channel trading
Price fixes below high volumes
Most likely, for some time the price will be traded in the channel, it is not worth buying in the middle of the channel.
Support about 39-26
If the $26 support is not triggered by the end of the bear market, the price will be looking for a new bottom.
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The Long Term Zcash Market Capitalization AnalysisA better way to pay
In addition to using Zcash to pay friends, family and service providers, you can use Zcash at your favorite stores or online merchants.
Trusted technology, growing adoption
Zcash was launched by one of the most respected technical teams in the world.
Zcash is the 'https of blockchains,' protecting your freedom to save and spend as you like.
Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency.
Multiple, independent organizations are funded to innovate on Zcash.
Zcash is already available on top exchanges, digital wallets and a growing number of applications.
A Corrective Phase May EnsueIn light of potential obstacles hindering ZEC's ongoing upward movement, a corrective phase may ensue, leading to a potential decline towards the support level of $32. Conversely, should buying pressure persist and successfully overcome forthcoming resistance, it is reasonable to anticipate further price appreciation towards the resistance range of $38 to $40. Additionally, the breach of the currency's downward trend line serves as a positive indicator, implying potential price growth. Therefore, in the event of a pullback, accompanied by a subsequent reaction, the probability of significant short-term currency growth towards the aforementioned resistance level is considerably high.
Furthermore, the Relative Strength Index (RSI) is currently at a level of 49. The RSI is a technical indicator used to assess the strength and momentum of an asset's price movements. A reading of 49 indicates a relatively neutral stance, suggesting that the current market conditions do not strongly favor either buyers or sellers.
Navigating the DowntrendThe analysis reveals that ZEC is currently trading within a downtrend channel on the daily timeframe. Market strength is yet to materialize, indicating a lack of upward momentum. The resistance level to overcome is situated at $37.4, and a successful breach of this barrier would propel ZEC towards the $42-$43 resistance zone. Conversely, a break below the critical support level of $30 would trigger substantial selling pressure.
In conjunction with these observations, the Relative Strength Index (RSI) stands at 47, indicating a neutral position. This implies a balanced equilibrium between buying and selling pressures, suggesting a lack of extreme bullish or bearish signals for ZEC. Traders and investors should closely monitor the RSI for any notable shifts that could potentially indicate a change in market sentiment.
PEPECOIN IS ALMOST DONE FOR NOW - THEN SUMMER BLOW OFF ZCASHMemetics is a study of information and culture. While memetics originated as an analogy with Darwinian evolution, digital communication, media, and sociology scholars have also adopted the term "memetics" to describe an established empirical study and theory described as Internet Memetics. Proponents of memetics, as evolutionary culture, describe it as an approach of cultural information transfer. Those arguing for the Darwinian theoretical account tend to begin from theoretical arguments of existing evolutionary models. Those arguing for Internet Memetics, by contrast, tend to avoid reduction to Darwinian evolutionary accounts. Instead some of these suggest distinct evolutionary approaches. Memetics describes how ideas or cultural information can propagate, but doesn't necessarily imply a meme's concept is factual.
Social excitement will peak soon, as large central exchanges list PEPECOIN
those events will create the ultimate blow off top and necessary volume distribution. then the coin must consolidate for a couple months before taking a second mainstream wave even higher.
My Plan For ZECUSDT for this yearThis is a longer term trade but can be made into many different trades very easily.... This will play out and I will have my SL a bit lower and use no leverage. To use leverage use a tighter SL and can always reenter if you want. I am just buying 200 ZEC and adding 50 each time it comes back into my buy zone.
Based off monthly and Weekly for targets.
Not financial advise just an idea that I am going to trade.
I like to keep it Long, simple and boring. BCH On the last Cicle I was able to get in on BCH at HKEX:80 EVEN THOUGH every single influencer and youtube were betting against it. The Token KILLED it wtih 1500% gains. I know everyone wants 5,000,0000 % returns and if not then the token isnt work it. Blackrock Stated the like open source, decentralized and permissionless tokens and CHATGPT gave me the top 10 (BCH within them):
Bitcoin (BTC): Bitcoin is the first and most well-known cryptocurrency. It is completely decentralized and operates on an open-source protocol. Anyone can participate in the Bitcoin network without needing permission from any central authority.
Ethereum (ETH): Ethereum is a decentralized platform that enables the creation of decentralized applications (dApps) and smart contracts. It is also open-source and permissionless, allowing anyone to build on top of the Ethereum network.
Litecoin (LTC): Litecoin is a peer-to-peer cryptocurrency that is based on the Bitcoin protocol. It is also open source and decentralized, with no central authority controlling the network.
Dogecoin (DOGE): Dogecoin is a cryptocurrency that was created as a joke, but has gained a significant following. It is open-source, decentralized, and operates on a proof-of-work consensus algorithm.
Monero (XMR): Monero is a privacy-focused cryptocurrency that is designed to be completely anonymous. It is open source and decentralized, with no central authority controlling the network.
Bitcoin Cash (BCH): Bitcoin Cash is a fork of Bitcoin that was created to address some of the scalability issues of the original Bitcoin network. Like Bitcoin, it is completely decentralized and operates on an open-source protocol.
Cardano (ADA): Cardano is a third-generation blockchain platform that aims to provide a more secure and scalable infrastructure for decentralized applications. It is also open source and decentralized, allowing anyone to participate in the network.
Stellar (XLM): Stellar is a decentralized platform that enables the exchange of digital assets and cross-border payments. It is open source and permissionless, allowing anyone to use the network to send and receive funds.
Dash (DASH): Dash is a cryptocurrency that is designed to be fast and efficient. It uses a two-tier network that allows for instant transactions and also provides additional features like private transactions. It is open source and decentralized, with no central authority controlling the network.
Zcash (ZEC): Zcash is a privacy-focused cryptocurrency that uses zero-knowledge proofs to ensure the privacy of transactions. It is open source and decentralized, with no central authority controlling the network.