I Would recommend NOT burning. simply because the coins would Not go to developers, but rather the community. it would allow the devs to test, give out, support and effectively promote the entire Espers Project.
i personally believe this could be invaluable for the project. but again the community has the final say. if the community as a whole tells to either to do it or not to do it we will listen. if it is a near tie, then the dev team will have the final say. therefore please voice your opinions, alternate solutions, or even a counter argument.
Something else to consider: " the community as a whole" is not all represented on this forum to discuss ideas. How many wallets is there? How many voices are talking.. It is a forum (not a election box).. Many others who hold espers by me strongly oppose this too.. so if there is a vote somehow we must keep in mind all forums and all folks who might not really be in crypto yet besides Espers and all those who may not have English as there first language. this is almost near impossible to decide what the community in whole wants. And how do we know if these votes are real votes how do we prove it.. This is a unnecessary distraction if not a impossible task.. It's just best to keep growing the community and espers something else: "the community has the final say" I don't mean to be rude but the developers need to lead the way and they have the final say.. look at other projects.. Of course. But any successful project must have leaders and wise decisions makers.. Not blow by the wind voting or what's popular right now.. this didn't start out with rights (many just hold tokens and have contributed nothing. some have) just a common goal to take this to the finish line.. Economics aside any project to be successful it must follow it's outline. If we are to succeed we must keep leading.. (maybe not everyone will tag along) But to keep the vision we must not sway, right or left,, we must stay on course.. I agree with this. @CryptoCoderz, I definitely see your point. I can also see how using unswapped coins for a "community fund" would make sense from a philosophical standpoint ... although the same argument from DigitalCurrencyConsultant applies to that fund, unless you have some Decred-like community voting you should not only base your decisions on voices in this forum (including me)! Do what is right.  |
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"Value" is not a valid argument IMO. The value of the entire chain depends on the practical use for it. If the practical use requires a high amount of coins (which was the reason I voted against lowering the coin amount during swap), if having much fewer coins would essentially render the whole thing unusable for the planned use cases, then well we will need another swap to increase the amount of coins again. Re-using unclaimed coins from other people is politically incorrect though, albeit much simpler than doing another swap.
@CryptoCoderz What negative effects would result from the hard cap being reached "too fast"? I don't think mining plays an essential role in applying a currency...
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@DigitalCurrencyConsultant, could you please stop writing in bold letters? This is ridiculous, I don't even mind quoting your text. There is one thing though, your argument is correct. The success of the overall project in technical terms should be #1 priority, not politics. But being politically correct should not be ignored either, if possible. Developers mentioned to burn all not swapped coins when a swap was announced.
Whats the reason of changing mind?
Oh I remembered that correctly? That's kinda relieving  |
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The supply for ESP2 matches the mined supply of ESP1. Those who do not swap will have their coins automatically "donated" to the promotion of ESP through social media promotions, partnerships and other ventures to further the project.
Somehow I had in the back of my mind that those coins would be burned? Essentially you are making, what used to be owned by other people, yours again. I'm not quite sure if this is 100% politically correct?  I am not saying that you don't deserve these coins, but think about this case: Let's say you would have had a pre-mine of 1% in ESP 1 to use it for promotions etc., and 19% would have been mined in total using lots of computing power. So next you would pre-mine 20% for the swap, but only 10% would actually be swapped. And now you want to claim the remaining 10% as yours? This is essentially a huge additional pre-mine, I'm not sure if that is what you truly want. Which amount would we be talking about right now btw.? |
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I don't think it's a scam, just a project that went wrong. Not everyone in crypto is a good dev so there's a lot that can go wrong.
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I love how crypto selects people.
Yep. Well I will just sit here with my bag, smoke my pipe and follow the thread until we have some $$ 10-20M market cap. Very easy, very comfortable. |
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This is really fun to watch ... everyone is panicking. I will wait this out, as always. Remember guys, diversification ... if you don't invest much, you have got not much to lose. This coin is about technology, even if people are selling like crazy that doesn't affect the technology. Devs are still around, no reason to panic here. Let's see where this is in one month.
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Yeah 0.01 on Cryptopia. Note that we haven't even been added to either Bittrex or Polo yet. Wait for the Chinese on btc38.com. I am reaffirming my promise of selling at 0.1 7200 coins are being produced daily How does that even work? I thought Zcoin is PoW with an overly high difficulty? How can a fixed amount of coins be produced by that? Please someone call me a noob and explain like I'm 15. here is the link to see the blocks. only in supernova pool during the last 24 h were found 140 blocks x 50 coins/block=7000 coins from which 1400 coins go streightly to the dev, and supernova doesn' t find all the blocks, the are other pools who find it. Finaly there are 7200 coins daily. Ok but why does the number of blocks found stay the same? I thought the difficulty increases exponentially with each block because of some matrix size=constant*height, what happened to that? |
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Yeah 0.01 on Cryptopia. Note that we haven't even been added to either Bittrex or Polo yet. Wait for the Chinese on btc38.com. I am reaffirming my promise of selling at 0.1 7200 coins are being produced daily How does that even work? I thought Zcoin is PoW with an overly high difficulty? How can a fixed amount of coins be produced by that? Please someone call me a noob and explain like I'm 15. |
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Currently no Mac wallet available.
 tx Why not just compile it yourself from Github? Compiling yourself a Zcoin wallet is a bit like masturbating lol.  |
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Sorry to say but looks like a big pile of elephant shit, not more: 1st: According to the block explorer, the two largest wallets are holding 299,999,997 and 249,999,998, so 550M in total. The total supply is said to be 561,459,051. Could you explain why 98% of all coins are stored on two wallets? Even if this is not premine, it's an incredibly bad distribution that is making this coin completely worthless 2nd: https://github.com/xipay/xpay/blob/master/src/net.cpp#L1231-L12333rd: https://github.com/xipay/xpay/blob/master/src/main.cpp#L1004-L1008So block reward is 150 with a premine if ridicolous 560000000 coins.. (99% premine) LOL  Yeah, thanks for quoting me. I really like the concept of having an in-wallet decentralized marketplace, and the name is great, too. Dev did not reply to this question of mine, also not via Twitter. He is obviously self-buying on Novaexchange. I'm afraid that there is no hope for this project. |
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I want to try a prophecy at this point. I will sell my XZC @ 0.1 BTC on Poloniex, in one month, on 2016-11-16. Pin me down to it, I will quote myself. |
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Watching. I think we got this info on Airdrop: Q: What is the difference between UR and Similar Projects? A: The most important difference is that the UR currency is being airdropped to all people on the planet earth. To access the airdrop and receive 2,000 UR, a user only needs to download the UR Money mobile app and have their identity verified through our partnership with Trulioo (https://www.trulioo.com/). The UR Money app is in its final phase of testing and will be released on the Google Play Store and Apple App Store soon. A user can also receive UR via mining by downloading our go client (gur) from https://github.com/ur-technology/go-ur. I like the idea of identity verification. This adds additional security, although it creates a Single Point of Failure in the CA. It is generally better to build a decentralized Web of Trust (WOT). |
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So if I understand that correctly, it is not possible to run this wallet on Linux, and Windows people are struggling with suspicious binaries? Is there a way to get notified when the Linux version is ready so I don't have to follow this thread ? Because for me it seems pretty useless right now. What's the thing about coins/accounts? Is "account" just another token that gets generated from the mining process, like a second coin? Why is it called account? |
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Haha wow how did you do that?! This is amazing. This project is extremely undervalued. why is wallet miner taking so long?`
We had quite a few other things to fix, if you looks the the past 5 pages or so you'll catch up on why. Besides that we partnered with a company and we had a lot of work to do to finish it up. Setup servers, pools I mean we aren't gods. You are the only dev team I know treating the community as customers, justifying your delays etc. We have to remember that this is still just a small software project, compared to big players like ETH. Your productivity is perfectly fine IMO. For even more transparency you would need to run a public Scrum or something with a burndown chart but that comes with a lot of disadvantages also. Just do your thing, this project is a pleasure to watch! |
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Sorry, new to this. Can someone brief me about the current total amount of coins generated? Is there a block explorer?
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Until the GUI wallet does not work correctly, and dev refuses to fix it or even comment on that issue, this coin is not worth any serious investment. There could be another "implementation of Zerocoin" in no time with a more ambitious developer ... just saying. Remember my words.
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Interesting concept - watching! |
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