Measures absolute and relative price fluctuations over several time frames and other variables.
Calculates returns in comparison to moving averages and other factors.
Measures the ability to scale, upgrade and other technological weaknesses or strengths.
Evaluates public acceptance, participation of developers and other key factors.
Like many of the other big altcoins, Z Cash generally mirrors the total cryptocurrency market. This is not true, however, during the downturn in token prices at the beginning of January 2018. See the ROI section for more detail.
Perhaps the most impressive part about Z Cash for investors is its consistency in a free fall market at the beginning of the year in 2018. It’s price fell, but not as hard as bitcoin or other altcoins. There is something to be said for a steady hand in an extremely shaky market.
In the past, Z Cash team members said that if Bitcoin is similar to http protocol on the Internet, then Z Cash is https. The opportunity to have transactions in which details are hidden obviously makes the currency very attractive to criminals and parties engaging in activities of questionable legal status.
Z Cash’s privacy model allows parties to prove ownership of information without actually sharing the information with anyone and without having to interact with the party that wants to verify the information. This privacy model on ZCash network works very quickly and doesn’t use require vast amounts of information which has led many to respect Z Cash as a formidable team.
It’s true that Z Cash has been quiet among the front-runner altcoins but that doesn’t mean you should sleep on it. The zk-SNARK or (zero knowledge, Succinct, Non-interactive, ARgument of Knowledge) privacy model of Z Cash has many intrigued about the future at Z Cash within the crypto market. Read more about Z Cash here.