This is the only way this coin is going to get anyone mining it at all. Despite what the dev says, this is a relaunch. The original launch wasn't a test. It was just a complete and utter cockup which got no support due to the dev being unable to provide binaries for Windows at the very least.
Anyone who mines a coin with a massive premium going to the developer, an organised premine for a select few and also allows the potential for chargebacks needs their head examining.
It takes people who understand the concept of 'corporate equity' or the more common word 'stocks' to understand what ZenithCoin actually is. Most alt-coins are going straight to zero because they don't understand this concept of responsibility through shared equity. |
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Our team trying to make realcoin to be equal to legal currency like $, 1 REC=1$ maybe, we are not sure about the exchange rate. Because in real life, the purchasing power of 1$ varies at most time.
Certainly possible with crypto-currencies. If you are interested in this, I can crank out the actual implementation for you. PM me, or send email to info@frictionlesscoin.com |
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Haven't seen anything about it lately, but i was thinking and throwing some ideas around
If there were to be a $1/coin altcoin, where all coins are premined and sold at $1, and bought back at any time for $1...
a) How would we remove trust from the equation? how could the money be stored in a transparent way with no way of 'running off' with it? How could we prevent chargeback fraud?
b) Is there a way we could always pay $1/coin?, if there are any fee's, taxes or frauds the money from selling will be less than would be owing if everyone cashed out at once, If there are zero fee's charged (pay $1/coin get paid $1/coin), could it qualify as a not-for-profit and skip some of those fee's and taxes?
c) Unlike realcoin i would want it to be decentralised from the start, what would be a good way to do transaction fees?
i was thinking 1% of the total amount sent by default but the miners can set the minimum they want to accept and the clients can send what they want to send, with a warning about not getting confirmations with <1% fees... or The base fee is the minimum for 51% of miners to accept and then the rewards will find a place between the maximum people are willing to pay in fee's and the minimum miners are willing to mine for
You are looking at something that MoneyGram or Western Union does but using a P2P Decentralized coin. It is possible to peg a coin, just create miners that can only collect fees. no newly minted coins created by miners. The only way to acquire a coin is through an exchange. In that exchange your sell coins only at a fixed price relative to some other currency. It also means that you buy coins also at that fixed price. In short, you absolutely need to have the funds in your store so that any run on the bank gives folks there money back. In short, it is just like any bank... but using p2p to communicate transfers!! |
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1. Announcing a new advertising platform using a digital currency is ready is not spam.
2. Almost every post you have ever made is spam.
Great work. There are tons of naysayers and anti-progress folks in this forum, just ignore them. Keep up the good work on building services. Coins with services are the only ones going to survive. All these other pump and dump coins are going extinct. Let me know when you want to be reviewed by www.legitcoinage.com |
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Tentative Invitation List
Steve R. - 800 KH/s, 1300 KH/s if my 8-pin adapter gets in by then.
Agent S - Windows 7. (Please provide hash rate)
Tech B - Windows 7
Leonardo F - (Please provide platform info )
Hugh P - (Please provide platform info )
Fred F - Windows (Please provide hash rate)
Clint D - Linux 3000 KH/s
Mike C - Windows (Please provide hash rate)
张谊 - Various
noel - (Please provide platform info )
mazaguy - Windows
bizz - Windows / Ubuntu
J.K - 5000 KH/s
Kent A
I just realized one omission. Please let me know location. I need to set up appropriate seed nodes around the world.
Information will be sent via the communication channel you used to register.
The fun is, my clone account is on your pre-mine list. lol Sorry you came a week too early to the party. Also, for your own reputation, please stop selling test coins to the community. |
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Dude, are you in denial or something? Not a single person has said a single good thing about this scam coin. Wake the fuck up You don't get it do you? Lots of folks are sick and tired of alt-coins that are nothing more than pump and dumps. So your solution to this, is to create a coin, that you get %50 of, right off the top, and, hold an "Invite only" pre-mine? Are you retarded? Seriously, have you been tested? Yes, exactly. Coins like Devcoin (90% goes to dev) and Freicoin (80% goes to dev) are not a new concept. This is the first coin of the same class of coins that is scrypt based. The invite is made public and several days before launch for people to prepare. I know you are skeptical, but it is about time that a different kind of coin is released. |
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Dude, are you in denial or something? Not a single person has said a single good thing about this scam coin. Wake the fuck up You don't get it do you? Lots of folks are sick and tired of alt-coins that are nothing more than pump and dumps. |
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Tentative Invitation List
Steve R. - 800 KH/s, 1300 KH/s if my 8-pin adapter gets in by then.
Agent S - Windows 7. (Please provide hash rate)
Tech B - Windows 7
Leonardo F - (Please provide platform info )
Hugh P - (Please provide platform info )
Fred F - Windows (Please provide hash rate)
Clint D - Linux 3000 KH/s
Mike C - Windows (Please provide hash rate)
张谊 - Various
noel - (Please provide platform info )
mazaguy - Windows
bizz - Windows / Ubuntu
J.K - 5000 KH/s
Kent A
I just realized one omission. Please let me know location. I need to set up appropriate seed nodes around the world.
Information will be sent via the communication channel you used to register.
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counterfeit.
suspect binaries.
caveat emptor. dude is trying to sell you test coins.
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How's that? Because someone cloned a beta version of something and called it the exact same name? That's douchebaggery.
Absolutely, indeed! |
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I'd throw a couple mhash at it, possibly...
But isn't this like the 3rd time you're releasing the same coin now?
Mining on the coin has yet to start. The source code was made available for public review early this week. A couple of miners had anticipation issues with pre-mature mining.  Can't blame them, this coin has a lot of potential! You launched it June 1st, no? Then decided a few days later that was a test and reset everything...? June 1st was for public review of source code and to give folks time to kick the tires testing the code. A bunch of miners were able to successfully mine up to 10,000 test blocks. So we are pretty comfortable now with the stability of the code base. Original blockchain is not on testNet, it is in mainNet. If you would want a test network you should to have realeased just testnet blockgenesis. Now, your official block genesis of 1 Jun is replicated over hundreds of nodes ... You can not deleted hundreds of blockchains in several parts or world. It is virtually impossible, and illegal. Lol. Illegal. You know, Intel usually sends out 'Engineering Samples' of their chips prior to selling them. I heard it was illegal to sell those ES. Anyone can verify? |
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so a select few will get to mine for 96 coins per block. then everyone else will be able to mine for 12 coins per block?
im sure this will work out good
Yes, precisely. Early bird special. You have plenty of time to decide if you want in. |
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so you are resetting those 10000 blocks or what is happening with those?
poof... gone... just for testing purposes. |
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I'd throw a couple mhash at it, possibly...
But isn't this like the 3rd time you're releasing the same coin now?
Mining on the coin has yet to start. The source code was made available for public review early this week. A couple of miners had anticipation issues with pre-mature mining. Can't blame them, this coin has a lot of potential! You launched it June 1st, no? Then decided a few days later that was a test and reset everything...? June 1st was for public review of source code and to give folks time to kick the tires testing the code. A bunch of miners were able to successfully mine up to 10,000 test blocks. So we are pretty comfortable now with the stability of the code base. |
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I'd throw a couple mhash at it, possibly...
But isn't this like the 3rd time you're releasing the same coin now?
Mining on the coin has yet to start. The source code was made available for public review early this week. A couple of miners had anticipation issues with pre-mature mining. Can't blame them, this coin has a lot of potential! |
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MINING IS NOW ACTIVE Launch has been fair and balanced. Early difficulty was low but it has now reached reasonable levels. See the block explorer for details. If you do not where to go, send email. MINING INVITATIONS HAVE BEEN SENT. MINING STARTS IN 2 HOURS (8:00 AM Eastern Daylight Savings Time).P.S. Apologies for 1 hour change.... clocks were reset yesterday evening. ZenithCoin ( www.zenithcoin.com) will commence mining on June, 9th 2013. A new genesis block will be created with new network parameter settings. Mining for the first 3 days will be performed by invitation only. For the first 3 days, 98.9583333% of all coins will go to mining. As further incentive. Miner rewards will be 4 times the normal subsidy amount. So instead of 24 coins per block, it will be 96 coins per block. Please email info@zenithcoin.com prior to June, 9th 2013 to reserve your spot. Please specify your platform on the email. Also please specify your location so I can set up appropriate seed nodes. Binaries and mining coordinates will be provided in private to this select group on June 9th. You can follow ZenithCoin on Twitter: https://twitter.com/ZenithCoin or on Facebook: https://www.facebook.com/ZenithcoinBest Regards (original source: http://www.zenithcoin.com/?p=31 ) Alternative to email you can send me a message. Tentative Invitation List - Steve R. - 800 KH/s, 1300 KH/s if my 8-pin adapter gets in by then.
- Agent S - Windows 7. (Please provide hash rate)
- Tech B - Windows 7
- Leonardo F - (Please provide platform info )
- Hugh P - (Please provide platform info )
- Fred F - - north france, I use Windows and have 1440 kHs
- CClint D - Linux 3000 KH/s
- Mike C - Windows (Please provide hash rate)
- 张谊 - Various
- noel - Windows 7, 2000 KH/s - Australia
- mazaguy - Windows
- bizz - Windows / Ubuntu
- J.K - 5000 KH/s
- Kent A
- Ramza - 1400 KH/s Brazil
- Frank C - 2000 KH/S - USA
- Anghelina - Windows 8 Romania
- TheSwede - 600kh/s on Win 7 x64 virtual machine
- Andrew S. - South Africa 2,200KHs
- Larry -
- Charles S. - Windows, Linux
- Mick A. - 400KHs, UK
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All I can say is lol, oh man that's classic.
Long live Zenith FB1.
~richgene
Sorry for original creator, really, but his incompetence is manifest. I think we could give a chance to this coin. Are you going to market it? No, because this funds reduce the value of coins of stakers to half. It will be destroyed or ignored, I dont know exactly. Edit: Others options would be: - redistribuite between miners, - make a comanditarian soviet buró with 320 representatives, .... I will consider all options you tell me. So let me get this straight, 50% of funds go to you? |
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What is the point of this charade?
You know your block chain is worthless.
It like you decide to mine the Litecoin testnet and pawning it off as something valuable.
ZenithCoin is valuable because of the developer support.
If you guys want to mine an unsupported binary, then go ahead!
While you are at it, do pay some bounties on counterfeit ZTC on my behalf.
Looking forward to seeing those logos.
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This is the history. ZenithCoin original creator launched this coin with genesis block on 1 Jun 2013, but he just supplied source and linux binary (no Windows Qt client). https://bitcointalk.org/index.php?topic=219644.0On 5 Jun I built Windows Qt client and fixed IRC, and probably in first running blockchain was forked. Because manifest incompetence of creator, I have deactivaded 50% funds retained feature, so theres funds not will go to this original creator. https://bitcointalk.org/index.php?topic=226112.0Binaries: Windows Qt client: - ZIP zenithcoin-qt.zip MD5:a18944b5d230a5e05383a3452b4d9bd0 - EXE zenithcoin-qt.exe MD5:5a5ca1617d3d2a06121dcafea90f9b7b Source: - https://github.com/eagleeyee/ZenithCoinPort: - server: 9737 -RPCPOrt: 8332 Secure Nodes: -addnode=54.215.137.78 -addnode=113.162.188.201 -addnode=50.16.207.95 -addnode=62.163.9.155 -addnode=186.60.26.103 Content of zenithcoin.conf below: rpcuser=username
rpcpassword=password
rpcallowip=192.168.*.*
rpcport=8332
daemon=1
server=1
gen==0
addnode=54.234.70.232
addnode=54.215.138.30
addnode=24.209.133.75:55352
addnode=88.8.135.205:61238
addnode=2.13.131.115:61938
addnode=54.215.137.78:59885
addnode=50.16.207.95:51039
addnode=113.162.188.201:57968
addnode=24.6.21.198:49291
addnode=124.183.82.151:57014
addnode=78.193.10.34:9737
addnode=142.59.183.52:49326
I am involved with dev issues. If any interested in promoting this Coin I will give bounties: - New Logo: 850 ZTC - Web page: 1000 ZTC - Block Explorer: 2250 ZTC - First Pool: 2500 ZTC - Exchange: 5000 ZTC For donations for bounties, support, give aways and so ZTC: 1CkTQ9Dpj6QZTfbNinkBG9PYbXBYCahiKh Maybe you folks have a better chance taking bitcoin... flipping some ports and building your own block chain. Face it, the coins that you had mined isn't going to be worth anything. Anyway, what did they say "Imitation is the sincerest form of flattery" |
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