Zent Cash
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”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.