[ZEC] ZCASH - All coins are created equal. Discussion Thread (Unofficial)

[sui_generis]

As it stands, the developers are taking 20% of the coins generated from every block for the first four years of mining. That's effectively the same thing as a premine. It's completely unacceptable. The developers should mine like everyone else, rather than just stealing coins from those who are mining.

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[1714517162]

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[MinermanNC]

Just a footnote here,,,,

no windows support for 1.0 version, only Linux support, but will be on next version release... so,  however you can run a VM with Linux etc. but what a hassle lol By the time the 2nd version releases with windows support, all the early bird specials will be gone  

Please correct me if I am wrong on this or there is Windows support in time for launch...

Guess ill be brushing up on Ubuntu  

Edit: OC, do you know if there is or will be a Windows miner software available for pool mining? I don't want to misunderstand anything that I have read  

AFAIK there will be miners available for all platforms, it depends a bit on the contest if someone will publish the miner or not, but it's very likely with a bounty of $30k


Here some Info about the Reward Structure which I've just added to the OP as well:

REWARD STRUCTURE:

2.5 minute block times, 12.5 ZEC per block

(so the same 50 ZEC per 10 minutes as Bitcoin)

- During the first four years, 80% goes to miners and 20% to Founders' Reward (so miners get 10 ZEC per block for first four years, then 6.25 ZEC, and then halving after)

- During the first ~month, the block reward ramps up linearly from 0.005(ish?) ZEC to 12.5 ZEC
(the mining slow start)


so this will be pretty hard to mine

Hey thanks for the info OC!

Please keep us posted as things develop, (links etc.) especially for any windows miners  

ATM this my only source of info leading up to launch. So will be checking in daily for the next 30 days lol  

[Thveit]

any news GPU miner?or this coin not mineable?

[gilang]

10000% premine
WalletBiulders coin

shame on you dev.

we still need pool though

someone get OC, quick!

 

[bluedeep]

That price from exchange ( https://www.bitmex.com), is real? release date? any wallet? miner?

[kaconk]

10000% premine
WalletBiulders coin

shame on you dev.

we still need pool though

someone get OC, quick!

 

what are you saying bro?? please read previous post or visit to official site or the forum for more information.

[gulachov]

10000% premine
WalletBiulders coin

shame on you dev.

we still need pool though

someone get OC, quick!

 

what are you saying bro?? please read previous post or visit to official site or the forum for more information.

I believe it was a joke you did not understand. 

[raphma]

That price from exchange ( https://www.bitmex.com), is real? release date? any wallet? miner?

just a "future"... i wouldnt take it. remember lisk tokens? waves tokens? they all have achieve 0.02 (waves 0.04) and look at the price now.
PS: i know the difference in those tokens and this bitmex future, but still something similar.

[Scott J]

That price from exchange ( https://www.bitmex.com), is real? release date? any wallet? miner?

just a "future"... i wouldnt take it. remember lisk tokens? waves tokens? they all have achieve 0.02 (waves 0.04) and look at the price now.
PS: i know the difference in those tokens and this bitmex future, but still something similar.

Depending on if exchanges add  ZEC immediately on mining launch, I expect prices to be even more ridiculous for some time.

As supply steps up, the price will level out.

[Jerry S]

is there any countdown for the launch?

[yns1971]

The same as Bitcoin - 21 Million.

[giagge]

I know zcash is mineable only with cpu on linux . And the gpu miner is released in future .

But when the date to launch for mining ?

Thanks .

[Scott J]

is there any countdown for the launch?

I'm not sure about a countdown, but launch date is currently October 28th.

[Godson_Mansa]

10000% premine
WalletBiulders coin

shame on you dev.

we still need pool though

someone get OC, quick!

 

LOL did you just randomly copy my post from the first page ? 

10000% premine
WalletBiulders coin

shame on you dev.

we still need pool though

someone get OC, quick! 

 

[cielo98]

I've been following this coin for a long time,it seems the launch date keep getting delayed.. hope the Oct 28 launch date will push through.

[Mgrover]

i think transaction will be slow like bitcoin.

[ronald0cz]

i think transaction will be slow like bitcoin.

Why do you think so?

[moroseneng]

I've been following this coin for a long time,it seems the launch date keep getting delayed.. hope the Oct 28 launch date will push through.

i don't see it will launch at oct 28
maybe after oct they're launch this coin

[Scott J]

i think transaction will be slow like bitcoin.

I think block times are targeted at 2.5 minutes and block size at 2mb, so has more capacity than Bitcoin.

[giagge]

Any news for GPU mining ? .