Hey guys. Core developer here (check my post history). Just wanted to give everyone a heads up that I'm picking up this project again. I have alot of things in the works and will post updates once they are completed.

Hi all, core dev here. Great to see the nice market moves these past few days and all of the excitement happening.

As an update, I've recently just put in my resignation notice at my employer so that I can work on ZCL and Zen full time. I should have a new version of the Eleos wallet out sometime next week.

-movrcx

The technical implementation isn't finalized yet, however the process for node rewards will be something like:

• The node executes a shielded zero-knowledge transaction containing an unshielded payment address and the node's domain name or IP address which is valid for a certain time period.
• Once per block, a random XX% sampling is taken and those nodes are checked for being operational (a random block will be requested from each and verified against the longest chain).
• After a node is verified operational a non-shielded transaction will be sent to it.

There's going to be two-tiers of nodes; fully trusted and unverified. The difference with fully trusted nodes is that these nodes must have a valid TLS certificate. Getting a TLS certificate is free as long as the node has a domain name. These types of nodes will be awarded by unique root domain name (given that no IP addresses are duplicated).

Unverified nodes are nodes that do not have authentic TLS certificates and will be paid from a smaller allocation. There will be maximum limitations on how many unverified nodes can be awarded per network subnet to prevent abuse. Ultimately that threshhold will be decided by the DAO. I'd expect that a significant portion of this group would consist of botnets and such so the awards for these would be kept low.

For the most part the unverified nodes are the wild-wild west and incentivizing the fully trusted nodes is the goal.

Zclassic is a 1:1 match for Zcash without the founders reward. Alot of us on the team wanted to add new features and functionalities to Zclassic that would break the 1:1 parity. Zen is just an evolution of Zclassic with these new features that we wanted to put in and we're keeping Zclassic true to its 1:1 parity with Zcash.

I'm one of the Zclassic devs and I just wanted to say that the difference between Zclassic and Zcash is pretty major.

In many areas Zclassic has been leading the way in terms of usability and implementation... We funded work for the first Windows wallet and we also released the first open-source mining pool software. There's much more to come on the roadmap too.

As an exploit developer myself, I welcome all vulnerability reports at our RocketChat and we also do have crowd sourced funds available to reward reporters. With that being said the Zclassic codebase is nearly identical to Zcash so any exploit in our code would likely be reproducible with Zcash.

I'm not saying this is FUD, but I think the likelihood of your statement being true is low.

Hi all I'm one of the lead Zclassic devs and I'm the one who mined the genesis block. I just wanted to give some input as far as vision with the coin and short-term and long-term goals.

I'm heavily involved in the privacy/infosec community and have been working on an alternative to the Tor Browser and came across Rhett's plan on Twitter about forking Zcash. I thought it was ingenious and offered some help and that's how I came to mine the genesis block.

Lately I've been putting my spare time working on the first completely open-source Equihash pool (https://github.com/joshuayabut/z-nomp) which currently works for mining but still needs a bit more testing. As soon as that's stable I'll be focusing on developing a Windows wallet for Zclassic.

My main goal is to drive up usability of the coin and to make it a better alternative than Zcash. In the end I'm hoping the coin is stable enough that I can include it into my Tor browser alternative for secure and anonymous payments.

If you want to help out we really need people to assist with writing, development, and community support.

I'm normally around on Slack if you need anything.

Thanks for listening!