Quote from: FelixBlankCoin on July 25, 2017, 05:32:36 PM

Quote from: elutzen on July 25, 2017, 04:36:24 PM

Similar to hush is zencash. It has a 6M market cap. Both are equihash coins and use zsnarks encryption and will have secure messaging. Currently both coins are in early development and are very similar. Zencash is going for improved privacy with securenodes while it looks like hush is going to use tokens.

The dev team of zencash has been very active. I believe that these two coins will be competing with eachother for the new privacy coins. So divest

Zencash is definitely a solid project. I've been considering an investment in it. One concern is the seemingly linear price drop that doesnt seem to coincide with the rest of the peaks and valleys of the market. Any idea on why the steady decline is happening?

I agree that the constant downward fall has been disappointing. I first bought some when the price was 300k satoshi. Its now about half of that. I think that it is mainly because it was first overvalued when it forked with zcash being an incomplete system. Additionally, 200.000 zencash are mined each month. Given that there are about 1.600.000 zencash currently, this is causing significant inflation. This rate will have every four years I think until the total supply is 21 million. I think as more development is finished people will begin to see this as great currency for privacy.