Title: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on May 29, 2023, 06:40:05 AM Zephyr Protocol The Untraceable Over-Collateralized Stablecoin Protocol Zephyr is a revolutionary digital currency that combines the principles of privacy and stability. Grounded firmly on the proven Minimal Djed protocol, Zephyr embodies the first over-collateralized, private stablecoin, seamlessly incorporating the privacy features of Monero into a stablecoin system. The Djed protocol, which draws inspiration from AgeUSD, is a collaborative brainchild of Emurgo, IOHK, and the Ergo Foundation. STABLECOIN MECHANISM In simple terms, Zephyr Protocol works as follows. Users can mint or redeem stable (ZEPHUSD) and reserve (ZEPHRSV) coins in exchange for the base coin (ZEPH). The price for stable coins is determined by a pricing oracle, the price for reserve coins is determined using a formula based on the current reserve data. When minting new stable/reserve coins the base coins that are exchanged (+ fee) get added to the Zephyr reserve. This reserve is the collateral backing for the stablecoin holders and is ensured to be above 400% collateral at all times. In the event that collateralization falls below 400% due to price decrease, new stable coins are unable to be minted, however the reserve coin price will drop giving incentive for users to buy reserve coins at a reduced rate. Reserve coin holders are entitled to redeem their reserve coins for the amount of equity in the reserve based on their proportion of reserve coin holdings. This means that as stablecoins are minted and redeemed, the accumulated fees will build up in the reserve as profit for holders of the reserve coin. There is a maximum reserve ratio of 800% to prevent dilution for the reserve coin holders. A more detailed explanation is present in the Zephyr whitepaper here: https://www.zephyrprotocol.com/s/Zephyr_Whitepaper_v1.pdf (https://www.zephyrprotocol.com/s/Zephyr_Whitepaper_v1.pdf) The DJED whitepaper can be found here: https://eprint.iacr.org/2021/1069.pdf (https://eprint.iacr.org/2021/1069.pdf) TECHNICAL SPECIFICATIONS Total Supply: 18.4 Million Block Time: 120 seconds Assets: ZEPH (Base Currency) | ZEPHUSD (USD Stablecoin) | ZEPHRSV (Reserve Currency) Mining Algorithm: RandomX proof-of-work (PoW) optimized for general-purpose CPUs to promote decentralization and egalitarian mining. Emission Curve: Zephyr has been designed with a slightly slower emission curve compared to Monero. This design choice is aimed at rewarding early adopters by reducing their dilution over time. By slowing the initial emission, the potential inflationary impact on the price of ZEPH is lessened, benefitting the stability of the algorithmic stablecoin system. FEATURES Minimal Djed-Based Stablecoin: Zephyr Protocol implements the Minimal Djed protocol, an innovative design that avoids the risk of liquidation typically found in CDP-based stablecoins. By ensuring the stablecoin supply is always substantially collateralized, Zephyr provides users with a reliable and stable asset. Privacy: Inheriting from the Monero codebase (v18), Zephyr ensures untraceable, private transactions. By using advanced cryptographic techniques such as Ring Signatures, Stealth Addresses, and RingCT, Zephyr guarantees your transactions remain private and secure. Crucially, this privacy feature is present in the base, reserve and stablecoin currencies. Decentralization: Zephyr remains true to the ethos of decentralization, fostering a system where integrity and security are upheld through a distributed peer-to-peer consensus network. ROADMAP Q2 2023 - Mainnet launch - Exchange Listings (for oracle) Q3 2023 - Testnet for Minimal Djed Implementation - Marketing and branding Q3/Q4 2023 - Launch Minimal Djed Implementation on Mainnet Late Q4 2023 - Extended DJED research Q1-Q2 2024 - Extended DJED implementation FUNDING AND SUSTAINABILITY Adequate funding is of paramount importance for the success and longevity of a project like Zephyr. This is why Zephyr has a robust treasury fund of 500,000 ZEPH, which not only covers operational costs but primarily serves as a strong reserve. This reserve is designed to bolster the protocol during adverse market conditions and provide liquidity when required, thus ensuring the protocol's stability and resilience. In addition, Zephyr incorporates a 5% governance fee to guarantee ongoing development, marketing, and other operational activities. This fee facilitates the continuous enhancement of the Zephyr ecosystem, improving its features, user experience, and overall functionality. It also allows Zephyr to keep pace with technological advances and market trends. These funding mechanisms are crucial for the project's longevity and robustness. By ensuring not only the protocol's launch but also its continuous growth and adaptation to the evolving needs of its users and the wider crypto market, Zephyr stands as a testament to a self-sustaining, resilient, and evolving protocol that is prepared for success in the long run. MINING Simple instructions: Download or build a Zephyr wallet from github to generate an address. Download or build mining softer (e.g. xmrig - https://github.com/xmrig/xmrig/releases) Choose a mining pool from the list below Edit config files or run with args e.g: ./xmrig -o pool.zephyrprotocol.com:3333 -u YOUR_ADDRESS -p x -k -a rx/0 MINING POOLS Official Pool: https://pool.zephyrprotocol.com/ TBA Please spread hashrate over all pools as they are added to avoid mining centralization! SPECIFIC MINING POOL INFO If you want to support Zephyr on your existing pool this info is important! Zephyr requires a custom cnBlobType defined in cryptoforknote-util. Please visit the pool and custom zephyr-cryptoforknote-util repos https://github.com/ZephyrProtocol/zephyr-pool https://github.com/ZephyrProtocol/zephyr-cryptoforknote-util Alternatively, we have now submitted a PR for node-cryptoforknote-util that will allow you to add Zephyr to your pool here: https://github.com/MoneroOcean/node-cryptoforknote-util/pull/21 Please contact the team on discord if you need more information. LINKS Website: https://www.zephyrprotocol.com/ Explorer: https://explorer.zephyrprotocol.com/ Twitter: https://twitter.com/zephyr_org Discord: https://discord.gg/y4mzbDYSqQ Github: https://github.com/ZephyrProtocol/Zephyr Whitepaper: https://www.zephyrprotocol.com/s/Zephyr_Whitepaper_v1.pdf CLI/GUI DOWNLOADS v0.2.0: https://github.com/ZephyrProtocol/zephyr/releases/tag/v0.2.0 Exchanges Seven Seas - https://www.sevenseas.exchange/market/ZEPH-USDT NonKYC - https://nonkyc.io/market/ZEPH_USDT - https://nonkyc.io/market/ZEPH_BTC - https://nonkyc.io/market/ZEPH_XMR Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on May 30, 2023, 03:15:18 AM reserved
Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on May 30, 2023, 10:38:00 PM Hi tokimay, best to use the cli on linux for now. A few people have had issues with the prebuilt linux GUI running and we are fixing.
For a quick fix you could try using the daemon from the CLI download and then you should be able to start up your GUI and have it connect. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: energy_xxx on May 31, 2023, 12:01:48 AM Windows wallet ηalışmıyor .
Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: wanganxiu on May 31, 2023, 02:52:46 AM Hi tokimay, best to use the cli on linux for now. A few people have had issues with the prebuilt linux GUI running and we are fixing. For a quick fix you could try using the daemon from the CLI download and then you should be able to start up your GUI and have it connect. The payment in the mining pool is slow and the Win wallet has not received any coins at all.. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on May 31, 2023, 05:16:24 AM Hardfork to V2
New release is available! https://github.com/ZephyrProtocol/zephyr/releases/tag/v0.2.0 This fork will be at block 2000, or roughly 5 hours from now. Highlights of this release: LWMA difficulty algorithm Improved network stability Mining software will continue to work but you will need to update your wallets to sync past block 2000. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on May 31, 2023, 05:30:43 AM Hi tokimay, best to use the cli on linux for now. A few people have had issues with the prebuilt linux GUI running and we are fixing. For a quick fix you could try using the daemon from the CLI download and then you should be able to start up your GUI and have it connect. The payment in the mining pool is slow and the Win wallet has not received any coins at all.. Slow pool payments are due to slow unlocked blocks with the big difficulty changes. The hardfork addresses this and additional funds sent to pool have helped too. For wallet sync issues please ask in the Discord or provide more information. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: lijingang on June 01, 2023, 10:54:35 AM Why my win10 wallet has been unable to receive coins, how to return a responsibility
Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on June 01, 2023, 09:10:16 PM Why my win10 wallet has been unable to receive coins, how to return a responsibility Please join our discord for help :) Here is a copy of some info you can find on the discord. Hi! Please follow these steps if you are having trouble with your wallet. If you are still stuck feel free to message in the wallet-help channel but please try your best to follow along here first. Important understanding zephyrd is the Zephyr Daemon. This is what syncs with the blockchain. The wallet needs to be connected to a synced daemon in order to display balances correctly. if your daemon is not synced, your wallet will NOT work! -----Zephyr Daemon----- Step 1: Close all instances of zephyr-wallet-gui and zephyrd the wallet can open zephyrd in the background, be sure to close it in task manager! Step 2: Open zephyrd you can type status in order to ensure it is 100% synced. If you don't get this, its likely a firewall issue. Open ports 17766 and 17767 and/or allow zephyrd in your firewall settings. -----Zephyr Wallet (GUI)----- i.e. Balance is 0 or incorrect NOTE: ENSURE ZEPHYRD IS WORKING FIRST^^^ if you have had trouble with your zephyrd, its likely that the wallet will need to be rescanned. Step 1: Navigate to Settings -> info set your wallet restore height to 0 Step 2: Navigate to Settings -> Wallet. Click rescan wallet balance -----Zephyr Wallet (CLI)----- If you use the cli, or still have too much trouble with the gui you can opt to use the cli. ensure you run zephyrd first. if you are migrating from GUI: parse in the wallet locations or simply copy over the wallet files to the same directory as zephyr-wallet-cli - file path is stated in Settings -> info. Default path is <User>\Documents\Zephyr\wallets\<wallet_name> rescan_bc will rescan the blockchain. you may have wallet creation height issues, you can set it to 0 with this command set refresh-from-block-height 0 then rescan again rescan_bc Hope this helps! Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on June 02, 2023, 09:27:30 AM Zephyr now available to trade on Seven Seas.
https://www.sevenseas.exchange/market/ZEPH-USDT Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: sillvestters on June 02, 2023, 01:50:57 PM Wow, $100/coin :o :o :o :o :o
Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on June 05, 2023, 08:54:11 AM New Listing on NonKYC!!
Markets here: - https://nonkyc.io/market/ZEPH_USDT - https://nonkyc.io/market/ZEPH_BTC - https://nonkyc.io/market/ZEPH_XMR Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: madogss on June 05, 2023, 01:23:39 PM Wonder what the price will be if its a stable coin should it be $1 for ZEPHUSD
Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: MMOStars on June 05, 2023, 02:39:06 PM Wonder what the price will be if its a stable coin should it be $1 for ZEPHUSD What stable coin, this is monero fork that is made for privacy, only stable coin in this is a rug going to 0. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: titteringtacos on June 05, 2023, 07:07:50 PM New Listing on NonKYC!! Markets here: - https://nonkyc.io/market/ZEPH_USDT - https://nonkyc.io/market/ZEPH_BTC - https://nonkyc.io/market/ZEPH_XMR Is mining suspended on Win wallet? Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on June 06, 2023, 08:23:35 AM New Listing on NonKYC!! Markets here: - https://nonkyc.io/market/ZEPH_USDT - https://nonkyc.io/market/ZEPH_BTC - https://nonkyc.io/market/ZEPH_XMR Is mining suspended on Win wallet? No? if you have issues feel free to ask in the Discord. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: varfast on June 06, 2023, 08:37:50 AM Seems like a cool proyect, im gonna throw some hash to this baby :)
Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: mgsxman on June 09, 2023, 07:44:40 PM Zephyr (Zeph) Mining Pool by MiningOcean Pool Url: https://zephyr.miningocean.org Locations: Europe | North America | HongKong | Singapore Payout threshold: 0.5 ZEPH Payout interval: 30 min Pool Fee: 0.9% Key Pool Features: Pool and Solo mining DDOS Protection reducing downtime Configurable Static Difficulty Configurable Worker IDs Direct mining to exchange - we support all address types Configurable Payment Threshold for standard wallets Recent Block Rewards functionality Estimate Earning feature Dashboard with individual per worker statistics Nicehash and MRR support Discord: https://discord.gg/SuzzDf6 Telegram: https://t.me/mineqrl Welcome and have a good profit! Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on June 12, 2023, 11:40:10 AM Good morning all 🚀
The Zephyr whitepaper is now available! https://www.zephyrprotocol.com/s/Zephyr_Whitepaper_v1.pdf Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on June 15, 2023, 12:19:32 AM AMAs have been answered on our Discord!
Have any of your own queries about Zephyr? Be sure to jump in yourselves! https://discord.gg/y4mzbDYSqQ Thanks everyone 🥳🔥 Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on June 30, 2023, 12:17:21 PM 🆕 Exchange Listing $ZEPH
@TradeOgre https://tradeogre.com/exchange/ZEPH-BTC We are proud to now be supported by TradeOgre, the pre-eminent privacy focused exchange. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: MostlyGhostly on June 30, 2023, 04:46:34 PM Zephyr protocol is now supported by Balabanda omni chain wallet. Tune in to our discord and twitter podcast for a serious dive in to the mosaic of shapes and facets brought to your pleasure by emerging DEFI newcomers the likes of which are provably responsible for vibrant colorazation we all see tangentially marking the crypto technology. With that in mind we will run by u a couple lifetime opportunities that we believe can turn around the project. The first offer we want to throw out is, can Zephyr team sponsor financially our own project. This goes before anything else we need money to keep ourselves above the ground.
Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: The Sceptical Chymist on July 10, 2023, 11:06:04 AM Zephyr is a revolutionary digital currency that combines the principles of privacy and stability. Grounded firmly on the proven Minimal Djed protocol, Zephyr embodies the first over-collateralized, private stablecoin, seamlessly incorporating the privacy features of Monero into a stablecoin system. The Djed protocol, which draws inspiration from AgeUSD, is a collaborative brainchild of Emurgo, IOHK, and the Ergo Foundation. As they say, if you can't dazzle them with brilliance, baffle them with bullshit. That witticism is perfectly exemplified by the jargon brick above.<snip> In simple terms, Zephyr Protocol works as follows. Users can mint or redeem stable (ZEPHUSD) and reserve (ZEPHRSV) coins in exchange for the base coin (ZEPH). <blah blah blah blah blah blah blah blah blah> It's also said: ask a stupid question, get a stupid answer. But I'm just wondering about the nature of this "over-collateralized" stablecoin. Correct me if I'm wrong, but in perfect world stablecoins are supposed to be backed 1:1 by whatever underlying currency they represent--or at least should have their price pegged to the price of said currency. If you create a token system that essentially makes the stablecoin more valuable than the pegged currency by the simple fact that it is indeed over-collateralized, would the token (the stablecoin) not then just become a token that just sort of resembles the pegged currency, because its value will float based on the level of collateralization? Again, I could be the stupid one here but I'd like an answer anyway. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: Eddyc on July 11, 2023, 08:17:31 PM https://i.ibb.co/LSSHWMs/lg1.png
https://www.publish0x.com/crypto-bits/zephyrzeph-a-thunder-a-sword-a-protocol-to-beyond-your-expec-xwyxkjd The power and effect of practice can change society as a whole. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: herominers on July 24, 2023, 12:54:54 PM
https://herominers.com/zimage/pool-zephyr.png (https://zephyr.herominers.com) How to Mine Zephyr Protocol (ZEPH): Complete Beginners Guide (https://herominers.medium.com/how-to-mine-zephyr-complete-beginners-guide-54bf9ab160a6) Welcome & Happy Mining! HeroMiners ❤️️ since 2018 Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: mgsxman on July 28, 2023, 06:50:27 PM Zephyr Protocol (Zeph) Mining Pool by MiningOcean (https://zephyr.miningocean.org) Pool Url: https://zephyr.miningocean.org Central Europe (France) | West Europe (Germany) | North America (Canada) | North America ( USA East) | Asia (HongKong) | Asia (Singapore) Payout threshold: 0.5 ZEPH Payout interval: 30 min Pool Fee: 0.9% Key Pool Features: Pool and Solo mining DDOS Protection reducing downtime Configurable Static Difficulty Configurable Worker IDs Direct mining to exchange - we support all address types Configurable Payment Threshold for standard wallets Recent Block Rewards functionality Estimate Earning feature Dashboard with individual per worker statistics Nicehash and MRR support Discord: https://discord.gg/SuzzDf6 Telegram: https://t.me/mineqrl Welcome and have a good profit! Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on July 30, 2023, 06:30:02 AM 2 days until the Public Testnet begins!
Be one of the first to try Zephyr's untraceable, over-collateralized stablecoin protocol on August 1st. Join the official Discord for the most up to date information as it comes out: https://discord.gg/y4mzbDYSqQ Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: zephyr-protocol on October 11, 2023, 03:29:59 AM ZEPHYR PROTOCOL v1.0.0 IS NOW LIVE
NEW PRIAVTE NATIVE ASSETS: $ZSD - Zephyr Stable Dollar $ZSR - Zephyr Reserve Share Convert in wallet or purchase on Seven Seas: http://sevenseas.exchange/ Track Network Statistics: https://network.zephyrprotocol.com/ Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: AikaPool on November 23, 2023, 02:04:47 PM Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: cryptunit on November 24, 2023, 12:26:07 PM Zephyr (ZEPH) has just been added to our list of supported cryptocurrencies
https://www.cryptunit.com/coin/ZEPH (https://www.cryptunit.com/coin/ZEPH) Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: mgsxman on December 12, 2023, 04:06:00 PM Good day fellows, 🌟 We have prepared some cool stuff, ie. How to mine Zephyr tutorial video How to Mine Zephyr Protocol (ZEPH) (https://zephyr.miningocean.org) https://www.youtube.com/watch?v=ZBbmczQs-rY Enjoy this and welcome to our friendly team! https://zephyr.miningocean.org Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: cUfZz8 on March 03, 2024, 06:09:34 PM hello can you kindly invite me back in to discord, can't get access because the bot keep kicking me out, i can give you my username for discord. thanks
Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: songhandan on April 12, 2024, 01:42:06 AM Has the project been abandoned? github has not been updated for a long time
Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: MMOStars on April 12, 2024, 05:35:58 PM Has the project been abandoned? github has not been updated for a long time What did expected from a fork shitcoin. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: sikorhh on April 24, 2024, 10:06:36 AM Has the project been abandoned? github has not been updated for a long time What did expected from a fork shitcoin. Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: ogrvar on April 25, 2024, 08:11:38 AM hello can you kindly invite me back in to discord, can't get access because the bot keep kicking me out, i can give you my username for discord. thanks why their discord is closed ? Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: sikorhh on May 03, 2024, 12:23:29 AM no its working maybe they banned you for spamming
Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: AlexZero on May 05, 2024, 08:17:32 PM why this fork or premine or shitcoin just dumping ;D ;D
zeph game over in trash Title: Re: [ANN] [POW] [ZEPH] Zephyr Protocol - The Untraceable Stablecoin Post by: sikorhh on May 06, 2024, 12:19:11 AM why this fork or premine or shitcoin just dumping ;D ;D ohh dont cry atleast its not a scam like xhv ;Dzeph game over in trash |