Post
Topic
Board Announcements (Altcoins)
Merits 1 from 1 user
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
by
puwaha
on 11/07/2018, 05:08:18 UTC
⭐ Merited by dmwardjr (1)

Who gives a damn about ZEN being a commodity.  Many of us here say it's a "currency."  Many here believe it's both.  What the hell does that have to do with the FACT that ZEN is a PRIVATE (not public) company who is subject to audit at any time from the I.R.S.

Why don't we just say that Zencash is a digital token that allows you to participate on the Zencash network... just like the legal notice here:  https://zencash.com/assets/files/ZenCash_LEGAL%20MEMORANDUM.pdf

It has properties of a currency, and it's value is based upon market demands, and the amount of effort put into mining new tokens.