Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BTCZ] BitcoinZ - Low Fees, 100% Community, POW-Equihash No-Premine No-Tax
by
rizzman10000
on 18/12/2017, 15:54:10 UTC
Quote
Currently, the only other coins that have any kind security or lets just say, Privacy are Zcash, Monero , Zencoin, or Hush.

Actually there are more. I'm aware of Sumokoin and Masari, and I think it's not only these.

he is forgetting the 2 bests, Zencash and another one that I wont mention yet  Grin

Folks the point wasn't to iterate through every possible privacy coin know to man...We can argue all day about this coin or that coins merit but that is not the point.  I am sure there is a ton of clones out there, and will be even more that get released before this is all said and done.  Most of them are either premined to all hell, charge some kinda dev fee, and probably all have a centralized dev authority saying what will and will not be added to the code. This couple with the fact that nearly all of them have a sub-billion coin supply ensure that they will never be fully adopted as a currency medium and if successful, will only become yet another speculation vehicle just as Bitcoin has become today for those with discretionary income, thus losing its utility as an actual currency form.

There is much that sets BitcoinZ apart. The founding rules was set with the future in mind in order to keep the coin accessible to all. That being said, not having a centralized development team allows the project to be flexible and able to truly address the needs dynamically and in parallels as the landscape changes, without being held back by the thoughts and bias's of a small group of developers. While this is happening you quietly are seeing people build infrastructure around the coin to make it more easily accessible/usable without asking for a dime from anyone to do it. This is why this coin will be successful long term and what distinguishes it from the rest.

Rizzman1000