Bitcoin Press Release: Ebitz announces the availability of an advanced version of ZCash with better privacy and selective transparency from November 28, 2016.
November 21, 2016, Paris, France – A European ethical hacker group takes pleasure in announcing the imminent launch of Ebitz cryptocurrency, a ZCash new version minus his disadvantages. Ebitz crypto tokens will be available for purchase during the month-long open sale starting November 28, 2016, at 13:00 hours (UTC). The Ebitz ICO will end on December 26, 2016, at 13:00 hours (UTC), or when we reach the goal of 500 BTC.
The creators of Ebitz have made two significant changes to the ZCash project. Unlike ZCash, Ebitz doesn’t support “founder rewards” and at the same time, the consensus algorithm has been changed to Proof of Stake (PoS) to prevent the platform from being controlled by few centralized GPU farms. These two issues affected and continue to affect the state of zcash. That is why we want to offer an overcoming proposal without these problems. Our solutions: – Change the algo to PoS / – Destroy the founder rewards / – We are not an US company.
Ebitz promises enhanced privacy and anonymity features while maintaining selective transparency. The Ebitz ICO is an open pre-sale open for everyone. Ebitz, with its enhanced features, will be available for use on the dark net markets from the first day. Remember that bitcoin in the early days progressed thanks to the volume and movement provided by the deep web.
“We belong to a European group of ethical hackers with a belief that technology behind ZCash is the future in anonymity. Our obvious step is to make a new version but after removing its corporate vestiges and promote it for wide use on the deep web using our contacts and influence. We are using our influence for negotiations to make Ebitz the only coin after Bitcoin to be used on the deep web.”
During the ICO, Ebitz is making 95 percent of the total of 21,000,000 coins available to the interested investors. With the implementation of Proof of Stake consensus algorithm, the platform offers an annual interest of 3 percent to the token holders. The minimum stake age and block times are 12 hours and 60 seconds respectively. Five percent of the Ebitz tokens will be held by the team as pre-mine for development and bounty programs.
Ebitz is offering early bird discounts to ICO participants. Those investing during the first two days of the ICO stand to gain a 25 percent bonus. From the third day, till the end of the first week, the bonus offered by Ebitz is fixed at 20 percent. Similarly, investors during the second and third week receive 15 percent and 10 percent bonus respectively. The platform offers bounties for translations, Bitcointalk signature campaign, Twitter campaign and for coverage on news and blogs.
Investors can participate in the upcoming ICO here.
We are a new version of ZCash with removed founder rewards and modified algorithm created by a group of ethical hackers. It is a ZeroCash implementation with more fair-use and organization for the crypto community. Plus that, we want to develop new features on top of Ebitz that are not included on ZCash.
“Ebitz will be the project that brings the tech behind the Zerocash protocol to the deep web to fill the gap searched by the Dark Markets and finally bring complete anonymity.”
Learn more about Ebitz at – https://www.ebitz.org
Participate in Ebitz open sale – https://www.ebitz.org/invest/
Ebitz on Bitcointalk – https://bitcointalk.org/index.php?topic=1681965.0
Access Ebitz whitepapers at – Whitepaper 1 | Whitepaper 2
See the Ebitz infographic here – http://i.imgur.com/F6KbTSP.jpg
Contact Name: Byte
Contact Email: [email protected]
Location: Paris, France
Ebitz is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
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