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Blockchain Development

ZeCash2024-03-29T16:17:24+05:30

ZeCash, created using proof of stake protocols, is considered to be the next bitcoin as it holds strong potential to provide digital solutions with its unique proprietary features.

Business Overview – ZeCash

Our client ZeCash connected with us by May 2018 and hired us to make their journey to ICO launch a success
According to Steemit, they attract founders and buyers by their motto stating that reserve your tokens now to be a part of the next Gen ZeCash community and Ze revolution
ZeCash allow users to easily convert tokens into ZeCash coins via smart contracts and they have detailed technical whitepaper that states how they push ZeCash into the market

The Challenge

We had to combine random based selection methods and coin age-based selection methods for appropriate miners to get selected based on the number of stakes
Develop algorithms to verify active founders, buyers and sellers every hour to ensure that ZeCash ICOs are never idle
Calculate rewards for minting new tokens, create validating process for ICO transactions based on the ZeCash wallet balance

Our Approach

Our Co-founder and expert blockchain developer Mr.Chintan Thakkar and Mr. Akash Gianchandani respectively invested their time and skills in the successful launch of ZeCash.

The important objective that we accomplished was allowing ZeCash to speed up transactions for e-commerce, private payments, online business, retails stores in a secured environment without any third-party service monitoring. With ZeCash, next bitcoin, a user can aggregate all r payment processes without any centralized backing that provide their business with exceptional volatility.

Unique features of ZeCash

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ICO Landing Page

Designed and presented in such a way that attention goes to the main mission of the project that a potential investor needs

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Smart Contracts

Created smart contracts to provide distributed trustworthy calculations for blockchain’s distributed trustworthy storage

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ICO Advisory

Actionable advisory services including structuring of tokens, establishing legal environment and setting up hard cap and soft cap

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ICO Whitepapers

Drafted to-the-point ICO whitepapers that provide complete technical details of the ZeCash ICO and crypto wallet

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ICO Marketing

Crypto community management, pre-ICO bounties and post-ICO bounties and distribution of press releases

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KYC/AML Consulting

Consultation on tax and other legal aspects to ensure secure handling of KYC and protection against AML

Wallet creation

ERC20 compliant wallet that can be downloaded and installed to store tokens and operated with private keys

Token control

Token positioning advisory, advise on raising funds, updates on exchange, trading volumes & price variations

About ZeCash

Combination of Coin Age Based Selection and Random Based Selection Methods for selection of blocks
The algorithm on its own checks the list of active members at the end of every four hours. And if any member is found idle, it gets automatically removed and hence help eliminating spammers or fake accounts
ZeCash uses proof of stake protocols to ensure safety in all transactions. On the basis of coins staked by all users, a random validator is selected for validation of the block in the blockchain

Results – A journey from Ideas to Success

Robust in terms of volatility and volume

Total supply tokens are 500, 000, 000+

Rate ZCH/USD 1 / 0,10$

Rate ZCH/BTC 1 / ~0,00001

Rate ZCH/ETH 1 / ~0,0002

Accepted currencies are ETH/BTC/XMR/LTC/BCH/DASH

ZeCash holders earn 5% monthly for every large sum of ZeCash they hold

75% ZeCash tokens has been distributed for Public sales

Technologies we used

Amazon EC2

Solidity