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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ZERO - COMMUNITY TAKEOVER on: December 12, 2017, 02:06:40 PM
Hey guys,

I am trying to see where Zero fits and where its USP lies.

ZCash, ZenCash, Zero are all derivates of Bitcoin (ZCash is a fork of Bitcoin). The main difference between Zero and other coins like ZenCash, ZCash can be broken down to its algorithm parameters.

The equihash parameters for Zero differ slightly from ZenCash - you get faster block verification, an increased block size and a much higher transaction capacity. Zero also differs from its forked siblings in a way that it doesn’t have a founders reward, no pre-mine and no halving and thus can be seen as a truly community coin.

Besides these ZCash forks, there is also ZCoin. ZCoin is based on the Zerocoin protocol, whereas ZenCash uses zkSNARKs. Both coins are designed to hide any trails between sender and receiver. ZenCash goes here even one step further and not only hides the sender and recipient of a transfer but also the amount which was sent.

  • Compared to ZenCash, does Zero also uses zkSNARKs, but mitigating the drawbacks like the 88% block reward allocation to miners, 8.5% for DAO and 3.5% for secure nodes?

    Will Zero follow the currently bigger coins ZenCash and ZCoin and introduce Masternotes in the future?

    Will you implement Segwit, Atomic Swaps, Lightening Network etc?
hi, I am not a zcash expert but I have been reviewing it lately along with several other similar ones. zero, to my knowledge is the same as zcash with some of the math changed. I don't think zcash uses master nodes. zcoin is not comparable other than the fact that it achieves privacy. the mechanism is not the same. zcoin uses libzcoin which is not zksnarks. so it's an entirely different setup and it therefor not comparable in the same way. zcoin to my knowledge uses masternodes for the verifications of 'minted zcoin' .. the zcoin minting process requires the coin in the local wallet to be 'burned' then replaced by the network with coins from pool of unused. zksnarks have a trusted setup which uses locally stored parameters to generate (z) payments. there is no need for master nodes here, the payments are generated locally from the coins in the wallet and transmitted at the same time. in other words, the extraneous process that zcoin requires to have new coins has been removed and replaced with a setup that requires trust in the integrity and modalities of the initial creators of zcash.

zencash seems to be the closest comparable coin however in my mind it is not comparable at all. they have changed the core and added the master nodes and also added a "finders fee" of 8.5% which is deducted from the miners share. only a portion of this (3.5% if I properly recall) is used to incentivize the master nodes function.. in reality the "creators" of zencash are pocketing the other 5% or spending it as the see fit in the name of zencash development. so you can see the "business model" is entirely different than that of a free coin like this (zero currency) . there is no coin comparable in my opinion because the closest relative is zcash which also claims 20% from the miners for a period of initial mining years, the exact time I cannot recall. It is really absurd to think there is any comparison because zero is simply the best. once everyone figures this out Wink it will be even better..

"bigger coins" like zencash and zcoin it is a funny comparison when zero is better in every way (in my opinion and I am entitled I have been researching) .. zencash and zcoin have marketing. that is all. I compiled zcoin from source and it has so many warnings I almost wanted to vomit. I am surprised libzerocoin even compiled at all! to be worse I lost 50 coins on one of their old wallets "burning them" and never did receive the transaction back. However, to team zcoin's integrity, they did help me recover the coin but it was more luck than anything.

we can see all of the big coins started high up the charts because of their marketing and ICOs and that will also be what is the problems with them because they have created a set of expectations and in some situations received vast amounts of funding to produce the goods. most of the ICOs will not produced much of what they have promised, or someone else will do it better and first, for far less money.

the world is changing. look to the quality, not the marketing.

PS, when you say "ZenCash goes here even one step further and not only hides the sender and recipient of a transfer but also the amount which was sent." that is not an entirely accurate statement. Zencash had nothing to do with the Zk-Snarks development, they simply forked Zcash. Credit where credit is due. Team Zcash's zk-snarks is what protects the transaction and that includes the amount and the coins ID. In other words all forks of Zcash inherit this property unless they are somehow broken.

PPS: Let's not forget that Zcash has a $250,000 security audit done on their code. Changing the core to add masternodes (unless I am wrong and it is already a part of zcash) voids all guarantees that the audit means ANYTHING to the forked coin. The more near the code is to the original Zcash code which was audited is the more realistically sane coin to trust your money to. much else seems like a gamble to me. believe this when I say I have seen core bugs in the code that some of these clever devs have modified and it is scary.



Perfect summary! Thx a lot man!

So in a nutshell... We have the best product of all anonymity coins here and just need to spread the word more (marketing) and then up to the moon :p
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Unitus (UIS) - Superior Blockchain Technology: 1st Multi-Algo Merge-Mined on: December 11, 2017, 02:32:17 PM
Hey guys,

do you have any intention to implement POS / Masternodes in the future?

Cheers
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ZERO - COMMUNITY TAKEOVER on: December 11, 2017, 09:49:06 AM
Hey guys,

I am trying to see where Zero fits and where its USP lies.

ZCash, ZenCash, Zero are all derivates of Bitcoin (ZCash is a fork of Bitcoin). The main difference between Zero and other coins like ZenCash, ZCash can be broken down to its algorithm parameters.

The equihash parameters for Zero differ slightly from ZenCash - you get faster block verification, an increased block size and a much higher transaction capacity. Zero also differs from its forked siblings in a way that it doesn’t have a founders reward, no pre-mine and no halving and thus can be seen as a truly community coin.

Besides these ZCash forks, there is also ZCoin. ZCoin is based on the Zerocoin protocol, whereas ZenCash uses zkSNARKs. Both coins are designed to hide any trails between sender and receiver. ZenCash goes here even one step further and not only hides the sender and recipient of a transfer but also the amount which was sent.

  • Compared to ZenCash, does Zero also uses zkSNARKs, but mitigating the drawbacks like the 88% block reward allocation to miners, 8.5% for DAO and 3.5% for secure nodes?

    Will Zero follow the currently bigger coins ZenCash and ZCoin and introduce Masternotes in the future?

    Will you implement Segwit, Atomic Swaps, Lightening Network etc?

24  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Proof of Stake coins to invest now and gain huge in 2020? Next Dash? on: December 09, 2017, 10:44:05 AM
Hey guys,

check out TZC aka Trezar Coin. They have a 30% POS and 70% POS with an unique thing called 0% POS to secure the network even more:

"0% PoS is a unique feature of TrezarCoin, which is implemented to secure the Blockchain. PoS in TZC does not provide a fixed annual % return as normal PoS. In 0% PoS your mature coins in your wallet will mine Blocks with their “hashingpower” called coinweight."

Still an early project with a great team with track record here in the forum. Great community as well and very active Slack channel. Definitely has potential to go up to 1-2 USD next year.
25  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Next 100x? on: December 05, 2017, 02:10:36 PM
Without a doubt TZC - TrezarCoin. Great team and product. Similar start like Vertcoin but with POS/POW, 0%POS, Segwit, Atomic Swaps, Lightening Network in Q4 2018. Better buy in before it gets traded for Vertcoin prices.
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔴[PRE-ANN][PoW,Equihash] Mineable CRYPTUMCOIN (CRYC) - Coming soon on: December 03, 2017, 03:13:55 PM
Will it be possible to mine it with nicehash as well?
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][EXA] Exacoin brings a revolution to cryptocurrency market on: December 03, 2017, 11:54:38 AM
Where is the team based and who are the guys? There is no information on the site.

The company is registered in the Seychelles, which makes this project a bit fishy tbh.
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][UNIT] Universal Currency | LIFETIME| POW/POS SHA256 | 1% Interest on: November 28, 2017, 12:38:57 PM
I also bought some coins on coinexchange and sent them to cryptopia. On coinexchange it shows as completed, but when I look up the hash I always get an error. Furthermore the coin also did not get deposited into my cryptopia account.

Hash is: d7a8de6e3d7daa76f413cf6c4409d9d9bf35d509b1933496ae0500eb322d6971

Whats going on here and who's fault is it? How do I get these coins back?
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TZC] TrezarCoin Super-Secure-PoW/PoS on: November 26, 2017, 02:40:44 PM
Is it possible to implement Atomic Swaps with Neoscript, if so, will it be part of your future roadmap?
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TZC] TrezarCoin Super-Secure-PoW/PoS on: November 25, 2017, 01:24:01 PM
I really do like what you guys did so far. Hope you follow the road map with German accuracy and even surprise us with even more awesome things. Good and promising project; will be stocking up my balance continuously!
31  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Mirrax's HIGH RISK altcoin investment guide for 2017 on: November 16, 2017, 01:48:29 PM
From you are list beside NXS which of them can you say are eligible to be bought at this time and ave a great probabilities at profit( any new suggestions)?h

RDD looks like as if it will break out of the channel soon. Then 100+% should be possible.
32  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Mirrax's HIGH RISK altcoin investment guide for 2017 on: August 14, 2017, 09:18:32 AM
@conqueror: Do you mind sharing your twitter account here? Would like to follow you.
33  Alternate cryptocurrencies / Altcoin Discussion / Re: How does an airdropped coin get's its value? on: July 09, 2017, 09:35:55 AM
I am just curious, how an airdropped coin actually gets it's value. ICO's in contrast are packed by ETH or BTC,
in case you mean "back" not pack then no you are wrong, the ICOs are not backed by anything. you just buy ETH tokens and in rare cases use your bitcoins to invest in them. that doesn't mean they are backing anything!

Quote
but an airdropped coin - out of the sky - doesn't have any value at first.
anything that comes out at first doesn't have any value. then it gains value based on its supply and the demand for that supply.
airdrop is just one of many methods of distributing that supply.

most coins use mining, some use airdrops, some use rewards in POS, and possibly other ways too.

Well, my thinking was, that if you hold an ICO, then you will get ETH or sometimes BTC and have an asset which you can liquidate to back your own coin. In the case of an airdrop, you don't get anything in return. Yet I also do understand that the success of a coin highly depends on the acceptance and the liquidity, hence if more people than just a few whales own the coin, then the likelihood of a vibrant circulation and ultimately the success of the coin increases.
34  Alternate cryptocurrencies / Altcoin Discussion / How does an airdropped coin get's its value? on: July 08, 2017, 11:24:50 AM
I am just curious, how an airdropped coin actually gets it's value. ICO's in contrast are packed by ETH or BTC, but an airdropped coin - out of the sky - doesn't have any value at first.

What if i.e. an airline would airdrop frequent flyer miles, then they would also have to pack it by something - in their case the promise to get a free flight. But since the airline didn't get / didn't sell anything in the first place (nor did they opt in for an ICO in that example) and actually handed out those miles for free via an air drop event, it would lose out when all people then would try to redeem their free airdropped miles.

So how would an airdrop then work in that case? How does it have to be structured that it's a win win situation for both parties involved.
35  Alternate cryptocurrencies / Altcoin Discussion / Re: Any new airdrop coins? on: July 08, 2017, 10:49:58 AM
I am just curious, how an airdropped coin actually gets it's value. ICO's in contrast are packed by ETH or BTC, but an airdropped coin - out of the sky - doesn't have any value at first.
What if i.e. an airline would airdrop frequent flyer miles, then they would also have to pack it by something - in their case the promise to get a free flight. But since the airline didn't get / didn't sell anything in the first place and actually handed out those miles for free via an air drop event, it would lose out when all these people then would try to redeem their free miles. So how would an airdrop then work in that case?
36  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: July 06, 2017, 09:18:57 AM
Hey guys,

I am new to Byteball and really do like the concept behind it - incl. the airdrop.
Anyway, I am currently not holding any Bytes myself, but would like to participate in the next airdrop round. Hence I would like to clarify one thing first:

Let's assume I have 1 BTC in my wallet (which can sign a message), I then can either link it and get 0.0625 GBytes / BTC or I sell those BTC now for Bytes and should then get additional 0.2 GB per GB I already own. So in order to maximize the airdrop, why shouldn't someone sell his BTCs now for Bytes and get roughly 3 times more Bytes compared to just linking his BTC?

If I now buy Bytes over an exchange or the trading bot (OTC), will my balance then automatically increase by 0.2 GB / GB owned or do I have to do anything to receive them?

Thx a lot guys!

It's a matter of the risk you're willing to take. By only linking your BTC balance you're not risking anything, simply collect the free Byteball coins and keep  all your BTC.
By exchanging BTC for GBytes you can gain much more for a higher risk (price of GBytes could go down, then you're sitting on a loss).

There's more information about the effect of linking vs. buying in our wiki: https://wiki.byteball.org/airdrop

Also, you have to consider that about 30% of bytes will be added into circulation, diluting the existing 'shares'. Therefore, I expect the GByte price to take about a 20% hit straight after the airdrop, could be more, could be less. This expected price drop will likely completely offset your 20% of additional GBytes received, at least at the time of the drop. Of course one can speculate about the price increasing afterwards......

True! But anticipating future airdrops, I doubt the demand and hence the price will decrease a lot. Sure, the GByte price will decrease a bit, but over the long term it should bounce back. Anyway, diversification is always the way to go Wink
37  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: July 06, 2017, 09:12:31 AM
Hey guys,

I am new to Byteball and really do like the concept behind it - incl. the airdrop.
Anyway, I am currently not holding any Bytes myself, but would like to participate in the next airdrop round. Hence I would like to clarify one thing first:

Let's assume I have 1 BTC in my wallet (which can sign a message), I then can either link it and get 0.0625 GBytes / BTC or I sell those BTC now for Bytes and should then get additional 0.2 GB per GB I already own. So in order to maximize the airdrop, why shouldn't someone sell his BTCs now for Bytes and get roughly 3 times more Bytes compared to just linking his BTC?

If I now buy Bytes over an exchange or the trading bot (OTC), will my balance then automatically increase by 0.2 GB / GB owned or do I have to do anything to receive them?

Thx a lot guys!

It's a matter of the risk you're willing to take. By only linking your BTC balance you're not risking anything, simply collect the free Byteball coins and keep  all your BTC.
By exchanging BTC for GBytes you can gain much more for a higher risk (price of GBytes could go down, then you're sitting on a loss).

There's more information about the effect of linking vs. buying in our wiki: https://wiki.byteball.org/airdrop

Indeed that's true. Then I will diversify the risk a bit Wink. Am I right, that I do not have to do anything else except linking the addresses and keep the coins in there. After the airdrop the balance will then just increase automatically right?
38  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: July 06, 2017, 08:32:30 AM
Hey guys,

I am new to Byteball and really do like the concept behind it - incl. the airdrop.
Anyway, I am currently not holding any Bytes myself, but would like to participate in the next airdrop round. Hence I would like to clarify one thing first:

Let's assume I have 1 BTC in my wallet (which can sign a message), I then can either link it and get 0.0625 GBytes / BTC or I sell those BTC now for Bytes and should then get additional 0.2 GB per GB I already own. So in order to maximize the airdrop, why shouldn't someone sell his BTCs now for Bytes and get roughly 3 times more Bytes compared to just linking his BTC?

If I now buy Bytes over an exchange or the trading bot (OTC), will my balance then automatically increase by 0.2 GB / GB owned or do I have to do anything to receive them?

Thx a lot guys!
39  Other / Beginners & Help / Re: How do I buy bitcoins in Argentina? on: January 24, 2013, 01:42:41 PM

thx man, but apparently this site does not discuss my main problem - buying UKash vouchers with ARS! Did anyone here ever buy UKash vouchers in Argentina at More money stores? Would be cool to hear about your experiences and informations!

cheers
40  Other / Beginners & Help / Re: How do I buy bitcoins in Argentina? on: January 24, 2013, 12:55:22 PM
So how does uKash in Argentina actually works then? Is it like this, that I pay with ARS and get a coupon denominated in USD or EUR?
Do they ask for a commission/fees for this conversation?

thx guys for yr help!
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