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Zcash

How market makers shake you out - ZECDear traders, This is an educational tutorial showing you how market makers shake you out of a long position. Most retail traders would recognize the blue box on the chart as a level of support. Therefore, it makes sense for retail traders to place their stop loss closely below, because in theory the bullish trend should turn bearish when support is broken to the downside. Market makers know how retail traders think and therefore push the price lower with a wick (as visible on the chart). This wick, which dips below support, causes many stop losses to trigger of retail traders. When a retail trader's stop loss triggers (of a long position), it turn into a market sell order as many of you might know. Now.. all these triggered market sell orders create huge buying liquidity for market makers to stack up cheap, without increasing the price instantly, because there is enough buying liquidity (provided by stop losses of retail traders). Be careful where you put your stop loss. You do not want to give up a great entries in a bull market! Goodluck, Doctor Hugo
Education
by Doctorhugo3
1
log BTCUSD, linear BTCUSD and linear ZECUSD comparedPrivacy coins occupy a function within the cryptocurrency industry that many of the early adopters of cryptocurrencies consider essential. Bitcoin itself is often incorrectly referred to as an anonymous way of transferring value. Security experts call it pseudonymous privacy, like writing books under a codename. You can preserve your privacy as long as your wallet address is not linked to you. In this graph we compare log BTCUSD, linear BTCUSD and linear ZECUSD from 2013-2019 Data points are all explained on graph. 1- Privacy solved with leading technology Originally based on Bitcoin Core's battle-tested codebase, ZCash was able to capitalize on the privacy issues of Bitcoin and forked its codebase so that there are now two types of transactions on its blockchain: shielded (using zk-SNARKS) and unshielded (just like on the original Bitcoin blockchain), making privacy an option for its users. zkSNARKs are the most exciting/interesting way (as Vitalik or Snowden would say) to make blockchains private. 2- Efficient, usable, widely supported Zcash is a fast, reliable and inexpensive way to send money or digitally purchase goods and services. It is also supported by all the top exchanges and wallets. For a detailed list see Figure 1 here: imgur.com 3- Multisignature transactions Zcash supports transactions that require multiple signatures. This means that a transaction may require two or more parties to agree to the transaction before funds are sent. 4- A world-class team ZCash is led by Zooko Wilcox-O'Hearn, a world class computer security specialist. The team has by far the most expertise in zero-knowledge cryptography, it's natural that they are looked to and respected. 5- The Controversial Founders’ Reward 10% of the eventual monetary base goes to the founders so that there is continued incentive and continued resources for the founders to improve the value of the coin. I am backing Edward Snowden in the logic that a reward is important to attract the best minds to work on the Zcash project. Consistent payment of the developers allows them to discover issues and patch them before they can be exploited by opportunistic parties. Whilst this is open to debate, a steady budget should help push things forward with development and education. 6- Exposure: Zcash for Institutional Investors and Family Offices There are a variety of potential market participants, among them hedge funds, venture capital firms, high-net-worth individuals, and pension funds that now have financial options available: Custodians: hold your Zcash for you to help minimize the risk of lost keys or theft Investment vehicles: allow investors to gain exposure to Zcash without having to hold it themselves. Trading firms: offer access to counterparties for the purpose of large over-the-counter (OTC) trades. For a detailed list of some of the big names involved see Figure 2 here: imgur.com 7- Progressing towards becoming audit and regulation friendly In the world of cryptocurrencies and digital assets, which by default are intangible, trust, risk management and reasonable assurance are key. In the crypto market there is a huge problem with market integrity and with consumer protection. Music to the ears of regulators is that payment disclosure and special "viewing keys" can be used to share transaction details with trusted third parties for compliance or audits or to comply with regulatory requirements. 8- Audited meticulously Zcash is going to great lengths to make sure their code is world-class by ensuring world class cyber security audits by third parties. This separates Zcash from 99% of all other cryptos out there. For more information on cyber security audits please see the respective reports at Kudelski Security, NCC Group, QEDi and Coinspect Additional positive quantitative data: Figure 3: Stacked Daily ZCash Exchange Volume_ZCash Market Capitalization: imgur.com Figure 4: Realized Market Capitalization vs Market Capitalization_ ZCash Undervalued imgur.com
BITFINEX:ZECUSDEducation
by warrenhochfeld
Monero vs Zcash – Which is better and why?So guys, today I will talk a bit about the differences between Monero versus Zcash. I got a few question about this, so let me make clear. First of all you have to decide what you are going to do. Mining or investing? If you will decide if there are security reasons in the decision, both cryptocurrency is perfect. But here are a lot of differences between Monero (XMR) and Zcash (ZEC So let’s talk first about Monero (XMR) and after that Zcash (ZEC). Monero is an absolutely high privacy based crypto. Was created in 2014, so that means it is a relatively old crypto money. You can send money with them so neither the receiving party nor the sender’s details and the transaction are public in the blockchain. Many of Monero fans, and investors thinks that are the truly advantage of the coin. For example Bitcoin don’t have this privacy. There are all transactions traceable and visible on the chain. Thanks to this feature, you have the chance to have every transaction completely secure and unvisible. All data are private, such as the sender, the receiver and transaction amount. It focuses on protecting and encrypting the parties. The technology behind Monero, called CryptoNote. Which is a high secure privacy protection algorithm. For this reason, the entire process can not be traced. It is untraceable. You rightly think that every crypto is untraceable, but sadly that is not the point. That’s why Monero is so awesome. You can store your XMR in a Monero GUI wallet. The price for Monero at this time is 350 USD, and still growing. Just in comparison end of September 2017 it was only 99 cents. So Zcash: Let’s take a closer look. The most significant difference between Monero vs Zcash is the privacy. I have a bad news guys, Zcash don’t have all this things that I listed above. It’s secure but man that is a cryptocurrency, it should be safe. So in my opinion that isn’t a big feature of Zcash. It is traceable, the transactions (80-90% of them) are public. Your transactions can be visible on the chain, so in that reason it isn’t so safe and secure than Monero. Only 10-15% of all transactions are secure, because security reason. Zcash don’t want to finance any questioned businesses. When you want to send money completely secure, you can do it, so you can choose between 2 options. In my opinion the greatest disadvantage is that Zcash is a company. So can’t be decentralized and when the founders want create more Zcash for themselves they can do it. So the system can be very manipulative. There also the thing that 20% of all Zcash transactions goes to Zcash and to the founders. The actually price for Zcash is 550 usd, and also growing. Let’s summarizes the Monero vs Zcash fight. Monero has a lot more advantages wasn’t founded by a company, does not depend on anyone and is entirely focused on security and anonymity. For those who are important not to be traced, it is definitely a better choice. I’m not saying that the Zcash is bad, but there are some of its owners which make it less attractive to me in my eyes.
ZEducation
by Emperor_Penguin
3
Empirical analysis of the Zcash blockchaingithub.com " We have started labeling the claims of block rewards, as they are the most obvious transactions between t and z addresses, and found that these transaction take up over 87% (98K transactions) of all transactions from a t-address to a z-address. This trend has been decreasing, as for the last 10K blocks this ratio is only 80% (4500 transactions)." Thank you Monero development team to make privacy a default (RingCT for all transactions and a minimum ring size as reasonable based on current level of range proof optimizations) Also interesting: "We have also looked into the usage of JoinSplit transactions, and found that from all the transactions (1,400K transactions overall) about 19.4% are JoinSplit transaction (272K transactions), and from the JoinSplit transactions 1.7% (4.7K transactions) are pure z-to-z address transactions (i.e. it does not involve any t address)." Note that Zcash enforces coinbase transactions to be JoinSplit, i.e., mining rewards (coinbase trasnactions) can only be transferred (send) to a z-address. The comment has to do with zcash trusted setup; if the setup was compromised, an attacker could produce unlimited Z-coins wihout anyone ever knowing about it When monero are created, their amount is shown, and the 1st TX using them hides their amount. It can be mathematically proven that it's not possible to create monero out of thin air in the proces of transacting with hidden amounts. That's why it's important that mathematical proof be air-tight. First variant of RCT range proof had a flaw in the proof, and thankfully it was captured before it made it into production. monero.stackexchange.com With Z-cash, the possibility exists in the math itself - it's not a bug, it's the way it works (until a better solution is found). The set-up info should be destroyed. Since it's not possible to prove that you DON'T know something, we can never know for sure that the set-up was ok.
Education
by Emperor_Penguin