Zent Cash

Halal Rating :
Comfortable
Last Price $0.0000017 Last updated:
Rank 9651
1D Change 7.48 %
Market Cap -
Circulating supply 0
Maximum supply 7,500,000,000

Crypto Overview

Overview

Zent Cash (ZTC) is a privacy-focused cryptocurrency that aims to provide secure and anonymous transactions. The project appears to be a fork of the CryptoNote protocol, similar to Monero.

Purpose and Utility

The intended purpose of Zent Cash is to serve as a private digital currency focusing on anonymous transactions. The project emphasizes privacy features and aims to function as a medium of exchange.

Business Model Evaluation

The core functionality of Zent Cash involves the exchange of digital assets with privacy features. There is no evidence of involvement in impermissible activities like gambling, interest-based lending, or adult content.

Real-World Adoption

Current adoption appears to be limited, with low trading volumes and limited real-world usage. However, the basic functionality of transferring value privately remains intact.

Development Activity

The project shows minimal recent development activity on public repositories. The last significant updates were several months ago.

Token Distribution

Information about token distribution and founder holdings is limited. The project appears to use a proof-of-work mining mechanism for token distribution.

Crypto Impact

To assign a comfort level investing in Zent Cash from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Zent Cash.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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