Most of the ppl just sold their BTCZ and moved on... that is what I did and I am glad sold for 30/29 so If I want I can rebuy with 10% gain.
The point is I won't - this project has no team and no development made.
All the talks about exchanges (get 1 - once extrades is off CMC this coin will go down big time), Hash power is dropping as it is not profitable to mine it and PoW is current algorithm - if somebody wants to do 51% it will cost him not much to rent enough power .. this coin is not safe).
I am waiting for Zhash what will be a copy of ZEC algorithm with changed parameters but as far as I know it wont be asic resistant so lets see.
For not it is not safe, not asic resistant and not profitable to mine so PoW will die soon. No progress on code development not future integrations with serious players.
Just another 1xxxx COINx
BTW
Even LTCz is making bigger development:)
LTCz and BTCz is the same team (more or less) by the looks of things. By the way, you are correct in all your above stated facts.
Yes, ZHash is an equihash variant, but nothing is really wrong with equihash. The original devs chose weaker settings, so we increased the memory consumption and 10x the costs to make an ASIC. You guys just need to just leave the hashing algorithms to the experts.
Also, as much as LTCZ would like you to believe we share teams, this is a totally false statement. As far as I know and understand, they are just riding our coattails.