Some of the advantages include:
- Transaction settlement speed
- No transfer fees
- Zucoins differ from other cryptocurrencies like bitcoin by:
- Having no transfer fees.
- Transactions are completed in real-time, unlike bitcoin that can take an extended time to complete transactions.
Transactions occur and are recorded by the users (wallet owners). Like a bank statement, each wallet holder will have a list of all their transactions. These transactions are broken up and encrypted behind the scenes to be stored by many other wallet holders. This is what makes the system very fast and secure, as no one user ever has the full ledger of every transaction.