ZCoin (XZC) fully decentralized marketplace big picture view + analysis (NOT ZCASH!)
Hi guys today I want to introduce you guys to ZCoin. First I would like to give you guys an idea of what the big picture is.
So ZCoin is an anonymous coins working on zerocoin protocol I will not go any further on the technicals here. And they are currently running merkle tree proof on their testnet merkle tree proof is a solution to miner centralization they are the first to actually implement this algorithm it's build up completely from scratch ->
Know lets check the zcoin roadmap : https://zcoin.io/zcoin-roadmap/
The next big thing coming for ZCoin are Znodes (masternodes) the amount of zcoins needed for a znode will be based on the price of a zcoin on the moment they are implementing it. Know the intresting part the 2018 roadmap they want to make a decentralized marketplace let me tell you this I searched on google how much worth the global drugtrade is a year (I don't want to say that it will be purely a drug market) but I do think it'll be a sort of silkroad/alphabay a real free market.
So the global drugtrade at the moment is worth 435B yearly (source : http://www.cnbc.com/id/100957882) now think about it if zcoin only get like 1% of that piece of the pie it would have a marketcap of 4.35B and that would only be from drug market but they could do anything you do on ebay. Ebay is currently worth 36.6B (source : https://www.forbes.com/companies/ebay/) now think they'll would only be worth 1% of ebay also thats 366M. Global weapon trade is worth 60B so again with the same thinking of the 1% that would be 600M (source : https://en.wikipedia.org/wiki/Arms_trafficking).
Can you guys see the big picture forming?
Zcoin itself has a marketcap of 17.5M as of writing at the moment. So chances are this will be a coin anywhere from a x10-x100 in the future. Their will be the same amount of coins as in bitcoin they also use the same halving time for mining. Zcoin is in my mind definitly a longterm HODL if you got the patience to wait for all this coming. I don't do any technical analysis or those things I'm just trying to give you guys a view of what the big picture would be in my own opinion. This is in no way investment tips ! DO YOUR OWN RESEARCH!
I hope you enjoyed reading this. And I'm sorry for weird vocabulary I use English isn't my main language