and how about fpga that can follow whatever algo there is, and most people wont even be able to run FPGA
btc was first mined by cpu, then gpu killed cpu, then asic came, what most people dont know is that before asic came there was a short time of about 6months that a few people were mining with PFGA and beating the crap out of gpu miners, the people who used fpga to mine didnt let the public know about this because they had a huge advantage over gpu miners
fpga mining was only publicly announced that time when the fpga miners were selling theyr rigs because they lose to asics, so we fork and gpu mining is still dead because there are people here who has fpga and thus is promoting to go anti asic so that theyr fpga can continue to dominate over gpu miners
it already is a fact that gpu mining is dead, we only have to choose either fpga or asic
fpga, most people cant use due to high requirement of programming needed(vhdl and verilog, plus know some basic electronics, not to mention before you learn those vhdl and verilog you ahve to know other programs also), to buy you can buy direct from manufacturer, cost of 1 unit is high, good thing about it is you can transfer to whatever algo there is faster than devs can fork to a new 1(only if your a good fpga engr)
asics, plug n play, bad about asic is you stay with 1 algo(dont know how ai asics can be used in the future), can buy direct from manufacturers
so its just a matter of... we all learn how to program our own bitstreams for fpga or we use plug n play asics, btw there have been fpga mining on equihash even before asics came and they have been mining with fpga on equihash for a long time already most people just dont know
just to give some people an idea of how fpga performance is, take out asics in the picture, an fpga that was made 6years ago to mine btc compared to the best gpu we have now and mine btc, that fpga still wins by a mile and only runs on 40watts
You might want to read about PROG PoW algorithm. It effectively renders ASIC's "AND" FPGA's very close to an EVEN KEEL with GPU's in hash rate AND power consumption at [1.1 to 1] or [1.2 to 1]. Which is the MAIN reason I'm trying to encourage ZEN Developers to switch to PROG Proof of Work. The link below is a lot to read with discussion among developers but it's worth the read. Once you've read it, you'll understand WHY we should be careful about making flat statements in this profession. https://www.youtube.com/redirect?v=P6B-ZCyP6K8&event=video_description&redir_token=G389xORG81WgdiJnMOvC6W5qHSt8MTUzMTYzMDYzM0AxNTMxNTQ0MjMz&q=https%3A%2F%2Fgithub.com%2FZcashFoundation%2FGrantProposals-2018Q2%2Fissues%2F15have you heard of intel developing custom chips to become programmable? they just got eASIC and pouring resources from altera and intel to eASIC for that research It's only a mini FPGA that would still be limited by the PROG PoW algorithm. As for how much of a ratio that would equate to when compared to GPU's remains to be seen. |
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and how about fpga that can follow whatever algo there is, and most people wont even be able to run FPGA
btc was first mined by cpu, then gpu killed cpu, then asic came, what most people dont know is that before asic came there was a short time of about 6months that a few people were mining with PFGA and beating the crap out of gpu miners, the people who used fpga to mine didnt let the public know about this because they had a huge advantage over gpu miners
fpga mining was only publicly announced that time when the fpga miners were selling theyr rigs because they lose to asics, so we fork and gpu mining is still dead because there are people here who has fpga and thus is promoting to go anti asic so that theyr fpga can continue to dominate over gpu miners
it already is a fact that gpu mining is dead, we only have to choose either fpga or asic
fpga, most people cant use due to high requirement of programming needed(vhdl and verilog, plus know some basic electronics, not to mention before you learn those vhdl and verilog you ahve to know other programs also), to buy you can buy direct from manufacturer, cost of 1 unit is high, good thing about it is you can transfer to whatever algo there is faster than devs can fork to a new 1(only if your a good fpga engr)
asics, plug n play, bad about asic is you stay with 1 algo(dont know how ai asics can be used in the future), can buy direct from manufacturers
so its just a matter of... we all learn how to program our own bitstreams for fpga or we use plug n play asics, btw there have been fpga mining on equihash even before asics came and they have been mining with fpga on equihash for a long time already most people just dont know
just to give some people an idea of how fpga performance is, take out asics in the picture, an fpga that was made 6years ago to mine btc compared to the best gpu we have now and mine btc, that fpga still wins by a mile and only runs on 40watts
You might want to read about PROG PoW algorithm. It effectively renders ASIC's "AND" FPGA's very close to an EVEN KEEL with GPU's in hash rate AND power consumption at [1.1 to 1] or [1.2 to 1]. Which is the MAIN reason I'm trying to encourage ZEN Developers to switch to PROG Proof of Work. The link below is a lot to read with discussion among developers but it's worth the read. Once you've read it, you'll understand WHY we should be careful about making flat statements in this profession. https://www.youtube.com/redirect?v=P6B-ZCyP6K8&event=video_description&redir_token=G389xORG81WgdiJnMOvC6W5qHSt8MTUzMTYzMDYzM0AxNTMxNTQ0MjMz&q=https%3A%2F%2Fgithub.com%2FZcashFoundation%2FGrantProposals-2018Q2%2Fissues%2F15 |
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Dear developers, tell me please do you now have any bounties of the zencash campaign( twitter, facebook, signature bitcointalk)? Thanks in advance for the answer.
There are no official campings. We have a deal with Learn Crypto / Wyckoff SMI - Youtube Channelhttps://www.youtube.com/channel/UCu_6nOA9sC0GTbaSWi3nBSw They are doing $ZEN giveaways during live shows all month! simply leave a comment with $ZEN address and you are entered! They always draw the winners live during the following show! Does this "Wyckoff" have any affiliation with Wyckoff Trading Method using Accumulation/Distribution Schematics, Events and Phases within those schematics and Point & Figure calculations? For trading.... I suppose I should watch the video to find out.  |
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Who gives a damn about ZEN being a commodity. Many of us here say it's a "currency." Many here believe it's both. What the hell does that have to do with the FACT that ZEN is a PRIVATE (not public) company who is subject to audit at any time from the I.R.S.
Why don't we just say that Zencash is a digital token that allows you to participate on the Zencash network... just like the legal notice here: https://zencash.com/assets/files/ZenCash_LEGAL%20MEMORANDUM.pdfIt has properties of a currency, and it's value is based upon market demands, and the amount of effort put into mining new tokens. Thanks! I will refer to it as such in the future; while also mentioning it's "properties" as a token. Merit sent. |
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not sure why you picked ZEC. Not a very good reference IMO.
The main reason I chose ZEC as a comparison is because they too are a PRIVATE company with patents and trademarks. They too have a dev fee. They too are a privacy coin with similar algorithm. They too answer to the I.R.S. Etc... similar to ZEN in many ways in regards to HOW they are operated and who or what entity(s) they report to. |
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@dmwardjr Crypto is a commodity(get that in your head,crypto IS commodity),so Zen become a public company since its listed on public exchange under KYC regulation(know your customer),with his own internal economy,marketing,paid employed,building node as incentivizing to make people into mining and get zencash foundation money at the very end(8.5%). Like a company ! you'll have to answer and prove your act a day or another, all your spitting is pure bullshit right now  By the way DGC is a public company crypto holder of zen You are a public company what ever you could self claim yourself(look another self claiming from a dev member,you have PhD in self claiming shit?) this or that, SEC put crypto into commodity. PERIOD.. Who gives a damn about ZEN being a commodity. Many of us here say it's a "currency." Many here believe it's both. What the hell does that have to do with the FACT that ZEN is a PRIVATE (not public) company who is subject to audit at any time from the I.R.S. Yes, ZEN is making 8.5% return FOR THEIR PRODUCT. I MAKE BETTER RETURNS FOR MY "PRODUCT." However, my PRODUCT is not sold as much or as often as ZEN's PRODUCT and therefore ZEN makes more money than I do. The point is: I DO NOT HAVE TO TELL "THOSE WHO BUY" MY PRODUCT A DAMN THING ABOUT MY FINANCIAL PROFITS, LOSSES, EXPENSES, ETC... NOT A DAMN THING... PERIOD!!! NEITHER DOES ZEN HAVE TO TELL OTHERS "WHO BUY THEIR PRODUCT (ZEN)" A DAMN THING ABOUT THEIR "PRIVATE" BUSINESS DEALINGS IF THEY DON'T WANT TO. ALL THEY HAVE TO DO IS MAINTAIN A GOOD PRODUCT IN WHATEVER WAY "THEY" DEEM ACCEPTABLE TO KEEP "THEIR" PRODUCT VIABLE IN A COMPETITIVE MARKET. IT BEHOVES THEM TO INVEST THEIR TIME, ENERGY AND MONEY "WISELY" TO MAKE THEIR PRODUCT (ZEN) AS VIABLE AND COMPETITIVE AS POSSIBLE IN THE CRYPTO SPACE SO THOSE OF US WHO CHOOSE TO BELIEVE AND TRUST THEIR PRODUCT WILL "BUY" THEIR PRODUCT FOR IT'S SERVICES OR MERELY TO INVEST FOR FUTURE RETURNS ON THAT INVESTMENT. PERIOD... I DON'T HAVE TO TELL ANYONE WHO BUYS MY PRODUCT ABOUT ANYONE OR ANY COMPANY I DO BUSINESS WITH TO IMPROVE MY PRODUCT. I DON'T HAVE TO GIVE DETAILS ABOUT OTHER BUSINESS DEALINGS WITH OTHER BUSINESSES TO IMPROVE MY PRODUCT. I CAN SAY WHAT AND WHY I'M HAVING ANOTHER BUSINESS DO SOMETHING TO IMPROVE MY PRODUCT IF I SO CHOOSE. ZEN, DID THIS FOR TRANSPARENCY BUT THEY WERE NOT "REQUIRED" TO DO SO. WHY? BECAUSE WE'RE BOTH "PRIVATE" COMPANIES. THE "ONLY" INSTITUTION MY COMPANY AND ZEN CORPORATION ANSWERS TO IN THAT REGARD IS THE INTERNAL REVENUE SERVICE. PERIOD!!! ZEN, was transparent about hiring other businesses to assist in their product because the company(s) they hired to improve their product are VERY REPUTABLE COMPANY(s); which improves the ZEN brand in my opinion. It's like they hired a CONTRACTOR that's excellent at what they do in order to improve their product. In fact, one company they hired has a team devoted totally to projects for ZEN and no other company. Do they have to give details into how much they paid those companies to improve their product or how they are improving it? Hell no! It's totally up to ZEN to reveal what details they wish to reveal [If any] in regards to improving THEIR product. PERIOD!!!How about opening your own damn business, hire an accountant and LEARN SOMETHING for once instead making a damn fool of yourself TRYING to convince others about something you know ABSOLUTELY NOTHING about.
If you have paid attention at all to interviews with representatives of ZEN on YouTube and Twitter, you would KNOW that ZEN is ran like a private company BECAUSE IT IS A PRIVATE COMPANY. They have expenses they pay and report to the IRS. They receive payroll as employees and pay payroll tax along with other taxes [such as Social Security] to federal and State institutions. The owners can also make DRAWS from the business account for themselves in order to pay less in taxes instead of receiving their full pay in the form of payroll; which would result in more taxes paid.
Bottom line: ZEN is a PRIVATE company and they don't have to tell us a damn thing if they don't want to. However, they tell us what is necessary in order to attract people and institutions to THEIR product, mission and objectives.
If YOU choose to remain biased and YOU choose to not be open-minded to gain an understanding into what ZEN is required to do, that's YOUR problem; NOT ZEN's. If you don't agree with them being a PRIVATE company and not revealing how they invest and/or spend their 8.5% dev fee in every possible detail [Including financials] in order to make an impact in the crypto space and the world, then find yourself another damn coin. It's that simple. |
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Never say privacy mean laundering money ,but both with core team spending reports missing it point to a real possibility, plus Combined with high degree of hype,and delayed feature,and barely useless feature(node doing nothing except building a ponzi hype for now)...
We're not into walt disney,those thing happen frequently
You still don't get it...
ZEN is ran like a privately owned company. It is NOT a public company with public stock answering to the SEC and subject to audits by the SEC and/or stock holders. Why? Because there are no public stock holders. I imagine there are private stock holders within the company but that's none of our damn business who owns how much PRIVATE stock within their company. I know, cause I own my own damn S-Corporation with my own PRIVATE stock because I'm a PRIVATELY owned company with full ownership of all stock certificates. I can sell my stock PRIVATELY to others interested in part ownership of my company if I wanted to. However, this is something you cannot seem to soak into that biased brain of yours.
HOWEVER, the owners of ZEN [Like myself and my own company] are subject to audits from the Internal Revenue Service. That's all we have to answer to in regards to HOW and WHERE our money goes. PERIOD... You're just a damn hard headed asshole who doesn't know how to reason and think logically. Why? Because you keep pushing something you don't understand.
Those of us who mine and/or purchase ZEN believe in the company (ZEN), its product with its projects and its future. We do NOT own any stock in ZEN to have say-so over what THEY should do with THEIR money. However, it would behoove Developers of ZEN to do what's best for the project and carry out it's plans made transparent to all in order for them to succeed and prosper as a company. Just as it would also behove me to keep my product up to snuff and viable in an ever competitive market so clients will TRUST, BELIEVE and BUY my product.
Got it? I doubt it; because you're pissed off for being banned from Discord and prove your bias by spewing nonsense about stuff you know absolutely nothing about. OR, you're telling lies in the hope most in this forum will not understand how ZEN Corporation works and how they are subject to audit by the I.R.S. and not those of us who purchase their coins and believe in their project. |
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here we go personnal insult when you get lack of argument/reasonning. Enjoy your ponzi with money laundering  You're full of shit too! You continue to ignore the following and want to accuse someone of something to throw the argument away from something you continually ignore: So, here it is ONCE AGAIN:I'll say AGAIN: It would be different if we all were buying stock in a company or an ICO. If that were the case, then yes, we should get quarterly reports of how they manage company funds. However, ZEN was NEVER an ICO, it was NEVER pre-mined and it was NEVER a stock. It's a damn currency AND MUCH MORE! Your bias is getting NOWHERE in this thread.As for AUDIT: ZEN is subject to an audit at any time the Internal Revenue Service demands. ZEN is a company subject to such audits periodically. You're a useful idiot. Plain and simple.ABOVE was your main complaint or gripe or beef; whatever you want to call it. YOU LOSE! Plain and simple. You simply want to point to another stupid argument because you KNOW you lost the main reason for you being BANNED. |
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L'll say it again; Hey if they self claim total transparency Im still waiting to see their spending reports.
!!!!!Zen team is directly subject to laundering money and market manipulation with their zksnack privacy tool and dev fund reports missing!!!!!
Fair,make those reports,audits them, and I'll shut up. If not trade zen at your own risk, not compatible with KYC cause privacy and if they failed audits then trading might just stop one day or another and get delist/team get screw and its a shitting time.
On what they're working on. They don't owe us a damn thing in regards to the money they are paid AS A COMPANY. They only answer to the IRS. PERIOD. Get a life dude. You can take your KYC crap over to some CENTRALIZED coin. We're DECENTRALIZED + PRIVATE here buddy. I can see now, you're not Zooko in a spoof account. He would not be stupid enough to say such crap. |
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Believe? Trust ? There's none,we play with money lol this is not walt disney.
I give you fact that we have no fact from core team spending perspective. how if rob and other took milion and just freaking travel the world at your cost instead of developping feature that he's so good to hype ?
I mean they publically self claim themself total transparent,so im asking,did they really are ? So far the only movement I receive from them, since I polity ask, is a ban.
Lets me doubt of their so good intention to cure the world problems, If we we're all like you or many just blindly believing we would still be into the dark age practicing sword or build a fucking basket with branch
I'm not even going to read your post. You CONTINUE to ignore the following FACTS: I'll say AGAIN: It would be different if we all were buying stock in a company or an ICO. If that were the case, then yes, we should get quarterly reports of how they manage company funds. However, ZEN was NEVER an ICO, it was NEVER pre-mined and it was NEVER a stock. It's a damn currency AND MUCH MORE! Your bias is getting NOWHERE in this thread.As for AUDIT: ZEN is subject to an audit at any time the Internal Revenue Service demands. ZEN is a company subject to such audits periodically. You're a useful idiot. Plain and simple.ABOVE was your main complaint or gripe or beef; whatever you want to call it. YOU LOSE! Plain and simple. You simply want to point to another stupid argument because you KNOW you lost the main reason for you being BANNED. |
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You only have a vendetta and no logic.
ZEN is far above and beyond what ZEC will EVER be. PERIOD.
I'm not going to bother providing examples as to how ZEN will lay the ground work for many coins to aspire to. Do your own damn homework without bias.
Secure nodes, Service nodes, and more better ways to fight against replay attacks are what ZENcash has, but ZEC has not. ZenCash has also shown promising plans to make its network really private and decentralized. Lol they had replay attack and secure node secure absolutly nothing,its just a word lmao Zen is good to howl they are this but so far this coin have just centralized node that do nothing,don't get me wrong but Zec is largely superior to Zen since its his incubator technology, Zen team are good to copy code and ideas,I doubt they could done something as Zec bring in term of technology seing how they are good to push marketing instead of development last 1 years and @dmwardjr nothing from what I say it bias since they can't prove anything,and also you. Only thing you saying is pure speculation,this coin gonna lead future blabla,you sell something as if its here.When its not,feature mainly develop frmo other team than zen and what is done for zen always repush(like now supernode which is a copy from 'secure'(lel seriously secure?) node) being ground to ground, if someone is biais its only you cause you want your investment succed. edit: Btw your signature make me laugh, decentralized and freedom of speech is two thing missing to zen And we're supposed to believe the smack you're selling. I "BELIEVE" and "TRUST" my former veterans a hell of a lot more than I do you, sir. Everything you're saying is bla, bla, bla... Also, the 51% attack will be much more difficult to implement. Not because of secure nodes and super nodes; but because of how they are engineering the code to prevent such things from occurring in the future. The secure and super nodes have a roll to play in that to help prevent this in the future. Edit: THere's a difference between freedom of speech and freedom of "shilling." I'll say AGAIN: It would be different if we all were buying stock in a company or an ICO. If that were the case, then yes, we should get quarterly reports of how they manage company funds. However, ZEN was NEVER an ICO, it was NEVER pre-mined and it was NEVER a stock. It's a damn currency AND MUCH MORE! Your bias is getting NOWHERE in this thread.As for AUDIT: ZEN is subject to an audit at any time the Internal Revenue Service demands. ZEN is a company subject to such audits periodically. You're a useful idiot. Plain and simple. |
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You only have a vendetta and no logic.
ZEN is far above and beyond what ZEC will EVER be. PERIOD.
I'm not going to bother providing examples as to how ZEN will lay the ground work for many coins to aspire to. Do your own damn homework without bias.
Secure nodes, Service nodes, and more better ways to fight against replay attacks are what ZENcash has, but ZEC has not. ZenCash has also shown promising plans to make its network really private and decentralized. Agreed. That sanctimonious shill was probably on Discord and here after I've been on Zooko's Twitter page telling him ZEN is much better than ZEC in so many ways. Could be Zooko himself in a spoof account. That was day before yesterday when I was on Zooko's Twitter page. |
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Really? Care to explain to me why Zen has more nodes than Bitcoin? Or why IOHK partnered with Zen. Why the popularity in increasing over the past few months?
probably because 8.5% of block reward going through marketing and hype,paying high fee to get listed here and here and shill how zen is accepted by everyone while anyone could accept shit if they pay the price lol. also centralized node had no utility at all except giving free money in the idea of buying more node(if this is not a ponzi..) eventually handfull of people will control all zen market You only have a vendetta for being banned from Discord and no logic; only bias. ZEN is far above and beyond what ZEC will EVER be. PERIOD. I'm not going to bother providing examples as to how ZEN will lay the ground work for many coins to aspire to. Do your own damn homework without bias. You were obviously interested in what ZEN has to offer the world and simply sought to look for ANYTHING you could find to discredit it. Go yell at ZCash devs for not showing what they spend THEIR funds on. It's not ours. It's THEIRS. As long as ZEN does what they say it will do, then all is good. They can do whatever the hell they want to do with THEIR money as long as ZEN does what is planned. ALSO: It would be different if we all were buying stock in a company or an ICO. If that were the case, then yes, we should get quarterly reports of how they manage company funds. However, ZEN was NEVER an ICO, it was NEVER pre-mined and it was NEVER a stock. It's a damn currency AND MUCH MORE! Your bias is getting NOWHERE in this thread. |
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cause they aren't paying to get 'accepted' force accepted =/= accepted, This is done to purely hype zen and make people buy at higher rate without any fundamental. Plus nobody know how much of their 8.5% dev fund they use to get 'listed' without any reports,transparency word selfclaimed is just here to hype market
In less than 1 years zen get into overhyped category shitcoin
You need help, Dude! Seriously... Pure speculation... |
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Couldn't have said it any better myself. Thanks for sharing your thoughts! It's common sense and you broke it down well for anyone thinking logically to understand.
Thanks yeah supporting Gpu mining makes the most sense to me! Glad you liked my post, maybe merit worthy? I'm always trying to post useful content in altcoin forums since these are the forums where its needed most! Also the z9 mini asics put Gpu's to shame so it really isn't profitable to Gpu mine. Better off mining Eth and selling for Zencash with most Gpus. 2 merits sent. |
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Wow..Getting ban from their discord for genuinely asking 8.5% of dev fund audits quaterly reports
lie lie and lie plus no free of speech
take care of this one guys.
So far ''most transparent and most secure coin'' self claimed is totally bullshit,node doesn't protect or do anything for the chain/network(we see it with 51% attack) yet except being a ponzi . And transparence is just for twitter bot statistic lmao dev fund are totally hidden since +1 years and nobody ask for it when they spend so much time taking picture partying with chicks on bogota beach or dubai beach(sic,place in the world where laundering money is strongest and predominant )
I'm perfectly fine with a COMPANY [Which is how it's ran] spending there money however they deem fit AS LONG AS THEY CONTINUE TO DO WHAT"S BEST FOR THE COMPANY; in this case ZEN. It's a hell of a lot less than ZCash and they exhibit a hell of a lot more support for the community of GPU miners than ZCash did (past tense). Also, they have a hell of a lot more to offer to the world than ZCash. Looking forward to the coming fork away from ASIC's. |
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Have no idea but I will be very happy when ZEN forks away from ASIC's. Any news updates on a fork?
By forking away from asics, zencash will keep its traditional community base of Gpu miners engaged in the project and increase profitability for Gpu miners who will spread themselves between Gpu friendly coins.
It will also push the existing asics to other Equihash coins, thereby reducing the profitability of asics as they are competing for the same coins from the handful of projects that support asics. This should impact the hold companies like Bitmain have on mining.
All this supports the idea that Zencash should aim to be a Gpu friendly coin, and fork away from asics when possible. Gpu mining will help shift sentiment back in Zencash's favor in my opinion. I love Zencash and hope the Gpu mining community can get back behind this great project!Couldn't have said it any better myself. Thanks for sharing your thoughts! It's common sense and you broke it down well for anyone thinking logically to understand. |
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what is the best pool to point my miners to?
I'm using zhashpro. Prefer to keep the hash spread out while not being on a pool that's too small. asic pool? Have no idea but I will be very happy when ZEN forks away from ASIC's. Any news updates on a fork? No news so far, Team is busy with coming fork, and testings of Super Nodes. As soon as something come up I will share it here. Thanks, MedaR. Appreciate the response. |
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what is the best pool to point my miners to?
I'm using zhashpro. Prefer to keep the hash spread out while not being on a pool that's too small. asic pool? Have no idea but I will be very happy when ZEN forks away from ASIC's. Any news updates on a fork? |
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