Siacoin (SC) vs Zcash (ZEC) Comparison
On this page, you can compare Siacoin (SC) with Zcash (ZEC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
User rating
Cryptogeek rating
About
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Siacoin is a utility token of the cloud storage platform called the Sia network. Sia is open-source and blockchain-based. The operations take place on Sia's own blockchain. The coin is used to pay for storage rent transactions. The coin is Proof-of-Work-based meaning that Siacoin can be mined. Another use for the coin is trading.
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Zcash (ZEC) is a cryptocurrency with strong cryptography that is supposed to provide high security and privacy. At some point, Zcash was endorsed by Edward Snowden and Roger Ver. Zcash is a Bitcoin fork and it exists since 2016. The mechanism providing privacy is called zero-knowledge proofs (or zk-SNARKS).
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Type
Founding Date
Country
Languages
Team
Protocol
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Public blockchain
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Public blockchain
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Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
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3043187.50620
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1158688.54422
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Hashrate
Max Supply
Total supply
Circulating Supply
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57769395000.00000
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15119562.66555
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Transaction speed / Block time
Transaction fee
Mining profitability
Algorithm
Proof type
Fully premined
Smart contract address
Total coins mined
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33098296530.00000
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No data
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Is trading
Block reward
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31301.000000000000
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No data
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Block time
Company |
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User rating |
User rating
4.3 / 5
3 user reviews
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User rating
4.7 / 5
3 user reviews
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Cryptogeek rating |
Cryptogeek rating
4 / 5
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Cryptogeek rating
4.2 / 5
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Trust Score
How it works
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Trust Score
4.18 / 5
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Trust Score
4.46 / 5
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About |
Siacoin is a utility token of the cloud storage platform called the Sia network. Sia is open-source and blockchain-based. The operations take place on Sia's own blockchain. The coin is used to pay for storage rent transactions. The coin is Proof-of-Work-based meaning that Siacoin can be mined. Another use for the coin is trading.
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Zcash (ZEC) is a cryptocurrency with strong cryptography that is supposed to provide high security and privacy. At some point, Zcash was endorsed by Edward Snowden and Roger Ver. Zcash is a Bitcoin fork and it exists since 2016. The mechanism providing privacy is called zero-knowledge proofs (or zk-SNARKS).
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Type |
Type
coin
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Type
coin
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Founding Date |
Founding Date
2015
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Founding Date
2016
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Country |
Country
International
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Country
No data
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
Public
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Team
Public
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Protocol |
Protocol
Public blockchain
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Protocol
Public blockchain
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Current price (USD) |
Current price (USD)
0.0069
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Current price (USD)
60.6422
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All-time high (USD) |
All-time high (USD)
0.1117
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All-time high (USD)
5941.8000
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Price change (24h) |
Price change (24h)
5.09
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Price change (24h)
4.60
|
Volume (24h) |
Volume (24h)
3043187.50620
|
Volume (24h)
1158688.54422
|
Hashrate |
Hashrate
7110000
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Hashrate
5
|
Max Supply |
Max Supply
No data
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Max Supply
21000000.00000
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Total supply |
Total supply
No data
|
Total supply
No data
|
Circulating Supply |
Circulating Supply
57769395000.00000
|
Circulating Supply
15119562.66555
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Transaction speed / Block time |
Transaction speed / Block time
7
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Transaction speed / Block time
26
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Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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Mining profitability |
Mining profitability
low
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Mining profitability
medium
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Algorithm |
Algorithm
Blake2b
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Algorithm
No data
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Proof type |
Proof type
PoW
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Proof type
No data
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Fully premined |
Fully premined
No data
|
Fully premined
No data
|
Smart contract address |
Smart contract address
No data
|
Smart contract address
No data
|
Total coins mined |
Total coins mined
33098296530.00000
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Total coins mined
No data
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Is trading |
Is trading
yes
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Is trading
No data
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Block reward |
Block reward
31301.000000000000
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Block reward
No data
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Block time |
Block time
600
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Block time
No data
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Social
Website
Twitter
Advantages
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Clean interface
Allows you to rent file storage space
Permits you to make money renting space to others
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Hidden transactions
Top 50 coin
Open source
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Disadvantages
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The terminal can be tricky to use
Not much information on security protocols
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Future Regulations
No Backing
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Rating
User rating |
User rating
4.3 / 5
3 user reviews
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User rating
4.7 / 5
3 user reviews
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Cryptogeek rating |
Cryptogeek rating
4 / 5
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Cryptogeek rating
4.2 / 5
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Advantages |
Advantages
Clean interface
Allows you to rent file storage space
Permits you to make money renting space to others
|
Advantages
Hidden transactions
Top 50 coin
Open source
|
Disadvantages |
Disadvantages
The terminal can be tricky to use
Not much information on security protocols
|
Disadvantages
Future Regulations
No Backing
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Siacoin (SC) user rating is 4.3, based on 3 user reviews. Zcash (ZEC) user rating is 4.7, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
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At the moment Siacoin (SC) price is 0.69. Its 24h volume is 3,043,188.5062. 24h price change is 5.9.
The circulating supply is 57,769,395,000.0.
Siacoin (SC) hash rate is 7110000.
Siacoin (SC) transaction speed/block time is 7.
Block reward is 31,301.0.
At the moment the number of coins mined is 33,098,296,530.0.
Mining profitability is low.
Siacoin (SC) Cryptogeek user rating is 4.3, based on 3 user reviews.
Zcash (ZEC) price is 61.6422. Its 24h volume is 1,158,689.54422. 24h price change is 5.6.
Zcash (ZEC) max supply is 21,000,000.0. The circulating supply is 15,119,563.66555.
Zcash (ZEC) hash rate is 5.
Zcash (ZEC) transaction speed/block time is 26.
Mining profitability is medium.
Zcash (ZEC) Cryptogeek user rating is 4.7, based on 3 user reviews.
When trading cryptocurrency, you should take into account the following rules:
Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.
Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.
Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.
Don't be taken in by false news
An important lesson: do not believe the news, study the topic yourself.
Apply investments diversification strategy and risk management
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
- An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
- High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).
Lesson: never put all your eggs in one basket.
Do not store tokens on exchanges
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Siacoin (SC) with Zcash (ZEC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.