What is the cryptocurrency ZEC (chz currency)?
The cryptocurrency ZEC is a digital cash issued based on blockchain technology,
The cryptocurrency ZEC is a digital cash issued based on blockchain technology, supported by Bitcoin and Ethereum. This token is called “Zcash (ZEC)” and its value is pegged to the US dollar. It has been reported that “ZCash” is a method for conducting transactions, transfers, or asset storage without the use of third-party intermediaries. “XTZ” is also a type of cryptocurrency that can be used to hedge various risks such as inflation and price fluctuations. It allows anyone to create a special digital cash system called Zcash, enabling people to freely hold their funds. This payment method will facilitate more transactions, transfers, and value storage. (cointelegraphcn)
Chz currency
According to bitcoinist, data from blockchain analytics company IntoTheBlock shows that the technology supported by chz is the first fully decentralized currency on the Bitcoin and Ethereum networks. Its design goal is to create a new cryptocurrency and allow users to interact with traditional payment systems. At the same time, it provides developers with a method to build any application outside of that platform. According to previous reports, the CEO of Bitso stated that the company will launch a new project called CHZ to promote innovation and growth within the ecosystem using chz technology and its platform.
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