Hello! Check this out, company called Paytomat. Paytomat is a Decentralized System for Cryptocurrency Payments. I was pleasantly surprised after reading their whitepaper! Guess, they can be trusted (just look at their partners SONM, NEM, Hacken) Check them out and say what you think.
Please check this section of our site - POINT OF SALE APPLICATIONS - https://zencash.com/wallets/
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Hey guys anyone to tell me if the zencash team fixed the bug from zcash with deamon? A memory leak or something like that
In the 2.0.14 release memory requirements are lower already, but no specific "memory leak or something like that" was fixed. Requirements for shielded transactions went from ~3GB to ~1.7GB
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70% mining reward is something that most of us aren't used to in respect with a good coin. i have to admit that their approach is original and might hit the jackpot.
We listened community, this increase from 3.5% to 10% for Secure Nodes has direct influence from community who asked for this increase very frequently. Introducing Super Nodes and switching from cryptocurrency to platform gives more value to this project, and more opportunity for different services to be integrated into on this platform.
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the swing wallet requires a lot of resources, mine is using about 20%
Yeah it sure does. Always slows down my internet as well when it's open, and takes a while to load up to the latest block (sometimes hours just to catch up if I haven't opened it for a month). I've just downloaded Arizen lite wallet - I guess it doesn't have the full range of functions, but for holding it does the job. Different wallets for different users and different usages. I have them all in use, but if you are user who dont use Z transactions so often, then best choice is Arizen wallet.
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Competition in a Open Source Environment
Rob Viglione, Co-Founder, discusses competition in an open source environment and actions zencash is taking to compete beyond technology moat and survive through industry challenges. https://youtu.be/OGOjani8bKI
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Crypto Non-Profits Are Flawed – Zcash Thinks It Can Change That
More strikingly, one of the nine candidates for the two board seats is Robert Viglione, co-founder of zencash – a competing privacy coin that uses some of zcash's source code.
His presence on the ballot is no fluke: Zcash Foundation director Josh Cincinnati has made a point of inviting members of competing projects to help govern his cryptocurrency's community. https://www.coindesk.com/zcash-foundation/
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ThirtyK-> After Cyber Attack, Cryptocurrency ZenCash Fights Back“The longest chain rule, or Satoshi Consensus, worked well in the relatively decentralized environment in which it was introduced in 2009,” ZenCash’s white paper says. “Mining resources have since concentrated and dropped in cost for lease, such that the original dominant strategy of playing by the rules no longer holds for all proof-of-work (PoW) blockchains that rely on the longest chain rule.” https://thirtyk.com/2018/06/25/zencash-51percent-hack/
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This means you should read the rest on that page. "ICO – HOWEYCOINS If You Responded To An Investment Offer Like This, You Could Have Been Scammed – HoweyCoins Are Completely Fake!" Wonderful, initiative of a forum staff!
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The 2.0.14 release of ZenCash is now available for Linux The zend software on your nodes must be updated before the June 28th deprecation when the current version will stop working. The method you need to use to update depends on how zend was installed. There's a new mandatory update required for all securenode hoster. Here's the official guide for the update https://documentation.zencash.com/display/ZEN/Upgrading+Secure+Node+Software What happen for someone who don't know to upgrade their wallet to mandatory version? Lost their coins or simply stucked on wrong chains.?the coins are on the blockchain, not in a wallet. If there is no transaction (from you or a hacker ), then the coins will be there when you correct the situation. You'll just be unable to generate a transaction that's compliant with the new consensus rules until you update. Meaning you'll need to update to move your coins. You might also need to reindex depending on if You updated after the HF date, and your old node invalidated some blocks.
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