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Zero-Currency transaction fees are a fraction of 1 cent. Almost non-existent. Zero has the option of totally anonymous transactions and it can be mined using GPU cards under a special parameter of the PoW Equihash algorithm. Zero recently announced ZER/USD pair at Crex24 exchange. To learn more about Zero-Currency, see our recent interview with Dimitris Marselos:
Q: Tell us about Zero what do you guys do?
A: Zero project was made by an unknown creator called zerocurrency early February 2017 as an experimental project to solve many inherent weaknesses of previous cryptocurrencies. A truly evolved project with multiple features that accomplishes to cover the needs of the many like no other. Since its inception and before it takes off and hits the markets Zero became an orphan and the unknown creator has been mysteriously disappeared. Nobody knows what happened to him but the created Zero project somehow refused to perish and appeared to have a conscious of its own.
Q: How have you grown Zero presence in the market?
A: Zero has grown organically with small steps of high importance. Like a baby in his first steps Zero has learned to stand on its own feet being independent from financial institutions, handlers, investors with dark motives or any other manipulation. We do not pay for “black-marketing” (fake twitter accounts, companies that create traffic without substance, etc.) even though we constantly receive offers from these channels.
Q: So how does Zero compare to other crypto?
A: Zero has a hard-coded option to use shielded transactions (Z) making it IMPOSSIBLE for anyone to track.
Zero’s transaction times are faster than any other major crypto including but not limited to: Bitcoin, ETH, Zcash. You can send/receive funds literally under 2 minutes and Zero’s transaction fees are literally close to zero and by far cheaper than any other major cryptocurrency for example it’s fees are 10.000x times cheaper than bitcoin. Zero is greatly undervalued since at the time of this article in order to buy 1 Zero you would need roughly 1/7000th of BTC, 1/600th of ETH and 1/300th of Zcash.
Q: What are the biggest challenges in the industry you have had to overcome?
A: The biggest challenge in any industry even if you have the best product in the world is becoming known from the unknown. There are too many factors someone needs to overcome this important barrier especially since we wanted to have a healthy grow and not a bubble-effect. As all projects that grow and wish to keep their Independence we will also need some way of funding our project. For this reason we are creating a community mining pool that will have a small commission as small as 1%. After all for the past 2 months we are the most profitable crypto to be mined in the world.
Q: How have you found starting a cryptocurrency and trying to take your company global?
A: Managing a cryptocurrency and helping this project grow is like growing yourself, is a very fulfilling. It is like stepping into the unknown, into deep waters only to discover that there are more wonderful things waiting to be discovered. It is like falling in love again and again.
Q: What’s next for Zero? Do you have plans to grow, expand or diversify?
A: Working in this sector at these early stages is like working for a computer company at mid 80’s. Every day you discover new things and you can see the potential in them. If computer technology has been fast paced till now I can safely say that this era is quantum paced. Every day is just so very amazing.
Q: Where would you ideally like to be in 5 years?
A: We are increasing capacity to all channels in order to sustain this growth and avoid bottlenecking and also to get prepared for the next jump in our advancement. Zero is going to implement new technologies in the next few months which will need a strong base. People can’t see this but we are building our base right now. We have increased by orders of magnitude in Network Hashrate, market capitalization and fan base and this needs to be assimilated. Once we build our base with strong foundations we will fire up our new project ideas.
5 years from now we can see ourselves as an established cryptocurrency foundation. An entity that will support a complete hive of connected people that will use Zero in their everyday transactions.
Q: If you had to give one piece of advice to an up and coming blockchain entrepreneur, what would it be?
A: For the new entrepreneurs in blockchain technologies and the sector in general I would say do the leap of faith. Don’t be afraid of the unknown. There are hurdles down the road but the rewards along the way and the magnificence of the trip will compensate you. This sector is the new revolution. Nothing will be the same in all sectors and most importantly in social structure 5 years from now. Blockchain and A.I. are changing the world and we are here to witness and be a part of it.
Q: What’s one thing you believe your team does better than the rest?
A: I cannot speak for other teams as I don’t know how they operate. But our team is very focused and very diverse. We genuinely learn every day new things from one another because we have so many differences in culture and way of thinking. But we all have one target and this is making Zero great. The thing I like the most is how we all grow together with the project.
Q: What is the book (or books) you’ve given the most as a gift, and why? Or what are the one to three books that have greatly influenced your life?
A: Sun Tzu’s “Art of War” is one of my favorite books and the “The Prince” by Machiavelli. There are a lot of metaphors in these books but once someone reads “between” the lines and concentrate on the meaning and how this can be applied in everyday life they can be very strong teachings.
In general I read a lot of scientific (Physics, Math) or Ancient Greek Philosophy books that wouldn’t interest most of my friends so I usually don’t buy them books as a gift.
I also love in Nietzsche’s “Thus spoke Zarathustra” the fact that you can read a paragraph or even a single line and understand 10 different things or nothing. One of the big gains of this book is that it manages to augment and uncover whatever each person has inside of him. It is a very difficult and also a very misunderstood book.
Q: How has a failure, or apparent failure, set you up for later success? Do you have a “favorite failure” of yours?
A: A man should not be deprived from failure nor should his environment stop him from failing. This is how important failure is. Nature has made it in such a way that failure teaches you more things than success. Also what people usually don’t realize is that it is easier to reach the top and much more difficult to stay there. Unfortunately most people realize this only when they reach at the top. Also what helped me personally a lot is “weaponizing disadvantages”. This means teaching yourself how to transform a seemingly disadvantage and using it as an advantage to help you reach your goal. This requires first a mental change by using positive thinking regardless of the hurdles you face in life. It’s kind of what some people mention as “What doesn’t kill you makes you stronger”. After someone achieves this the next step is to find a way to actually apply it in reality. It is not easy but it can be taught. Even self-taught.
Q: What is one of the best or most worthwhile investments you’ve ever made? (Could be an investment of money, time, energy, etc.)
A: I would never change the love I have received from my family (parents, grandparents, uncles). I think the time I have spent with these people growing up has been one of the best investments of time I have ever made. Also (although in general I do treasure hanging out with friends) sometimes that I prefer to be in front of a screen 24/7 I force myself to hang out with my friends instead which greatly adds to my socializing skills although I do not have a natural tendency towards it.
Q: What is an unusual habit or an absurd thing that you love?
A: When I go to work many times I change the route I take to get there on purpose. It dazzles me of how many different ways there are to get there even though my work is 5 minutes from my house….I have found out that for some reason changing routes helps me think in different ways. I guess this simple thing probably helps somehow my neural pathways to be used differently and not stuck into a stable routine.
I also like efficiency very much so sometimes it is a game of how to find the best and most efficient way to get there in terms of time vs surroundings vs traffic lights (you can use them to text) etc.
Q: In the last 5 years, what new belief, behavior, or habit has the most improved your life?
A: Learning and mastering new things every now and then can help massively someone in many aspects of his life. I think just the habit of trying new and interesting things give you joy and greatly add to your personality. Sometimes these things might also completely change your life to the better. What this does to you is help you find out more about yourself, your abilities and your limitations.
It is a great win to move towards “know thyself”. To understand what you can really do and at the same time realize and embrace what you cannot do and not feel bad about it.
Self-Awareness is very fulfilling and rewarding.
Q: What advice would you give to a smart, driven college student about to enter the “real world”? What advice should they ignore?
A: Get in the “real world” with all your heart. Don’t be afraid and whatever hurdles you face be very grateful for them if they come early in your life. As these hurdles once faced and won will become your weapons for later bigger challenges. Also, and this is very important, please try to enjoy your life during the process and not just when you reach each goal.
Try to be creative as this is the most valuable and uncommon attribute that is rarely found to people. Also a smart driven college student should always be humble towards others. Keep a balanced life and If at any time you catch yourself feeling arrogant it always helps thinking how small part of the Cosmos we are.
Don’t be afraid to commit to projects or people and try to remember that true freedom comes only through commitment.
Q: What are bad recommendations you hear in your profession or area of expertise?
A: A bad advice I hear often people say to others or to young people is “focus on what you are good at”. I would say focus on what you are bad at and make it better. That will add to your balance and make you more complete as a person. Then use both to become great at whatever you wish to do.
Q: In the last five years, what have you become better at saying no to (distractions, invitations, etc.)? What new realizations and/or approaches helped? Any other tips?
A: I always had a problem to say No to people that wish to speak to me for hours or need help in something. I do like very much helping people if and when I can. But amongst these people that really need help or enjoy ones company there are other people that I call “time leechers”. These people eat up your time and unfortunately time is so very important that must be managed and given with scarcity to things that matter. At first it is difficult to make that separation and decide where to give your time and where not to since time seems so abundant when you are young. I would say that I have become better on this aspect especially since as we are getting older time gets minimized and you find yourself searching for quality.
Q: When you feel overwhelmed or unfocused, or have lost your focus temporarily, what do you do? (If helpful: What questions do you ask yourself?)
A: For some reason my mind works better when under pressure but if I really find myself unable to solve a problem I think about it before I go to sleep. After I wake up from a good night sleep I usually know the solution. The mind is so clear in the morning. Also I have noticed (at least in myself) my mind is at its highest creativity when I relax after prolonged periods of stress. Both are needed (relaxation and stressful/demanding circumstances).