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Author Topic: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy  (Read 523671 times)
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traumschiff
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November 03, 2016, 02:32:20 PM
 #1641

ANN copied from Slack:


Issues on Lyra2 algo for pool operators are noted and MTP is being worked on.  There is a planned adjustment to the existing Lyra algo as a temporary measure to keep pools running so that it doesn't keep increasing with block height.

[2:11]  
Poloniex, we are getting some help on that but nothing promised so far. Will keep you guys updated when I get more info.

[2:15]  
We are aware also of the FUD being spread over obvious untruths such as Zcoin being a Zcash fork. We can educate, but only those who open their eyes, will see. Thanks to those who defended us with the facts.

[2:16]  
Informational video script is being worked on and we hope to have a decent explanatory video for newcomers.

[2:18]  
Any questions on these please refer them to #chat thank you!

1 year development and no time to made basic marketing and promotion before launch?
1 year, 365 days,+ 1 month from release. still working on a video?
it's a video or a movie? who's the director? Martin Scorzese?

Anyway, what abour recent meeting from poramin with professor? It happened days ago. And?




Zcash did more than a year development time, launched with flawed anonimity and no wallets or a video. Is it a scam? No.

Is this a scam? No.

This is the very first implementation of a working ZeroCoin protocol, nothing more and nothing less currently. Damn son, you must be a true detective to deliver such a solid proof for a scam accusation.

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November 03, 2016, 02:37:15 PM
 #1642

Well as I see it there will always be some coins created by the same devs only changing the algo. Anyway how difficult is it to create a poll for mining? What does one need to create proper working pool?

I think that there will be a changing for algo and now it's time to buy cheap xzc coins and you will get big profit in future


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November 03, 2016, 03:32:51 PM
 #1643

Those who think spinning up a coin with a Zerocoin implementation is a simple task, I think the fact that Zerocoin being so widely cited by academics yet this is the first and only implementation of it speaks volumes. There were many scaling issues that needed to be overcome for it to be even a working implementation.

With a much smaller budget, focus was more on getting the working implementation up and even then there are still hurdles to overcome. I think for the most part, Zcoin has achieved this.

I think anyone who has been involved with many other good quality coin projects with smaller budgets have seen how it takes time for what outsiders may see as basic marketing info. This is rapidly being worked on.

With the Vertcoin history, when Poramin founded Vertcoin he was joined by Boris and Erik who came in as core-devs and therefore Poramin took a back seat. Boris and Erik were subsequently replaced by Adam and James and the last release was a couple of months ago in 17 June 2016. James is now studying in MIT and Adam is working on his own startup. Poramin did consider coming back to Vertcoin to help develop EVM and that is still a possibility in the future when things settle down with Zcoin but his priority and focus now is with Zcoin and the investors who backed the project. The MTP algorithm change is quite an urgent piece of work.

For updates on github, only code that has undergone some testing goes on github. For e.g., Poramin's work with the temporary algo fix is not pushed until it's tested (which he is testing right now). Similarly MTP algo work is only pushed when there is something working.

As for Poramin's meetup with the professor, this clarified certain issues with the implementation of MTP as certain things were not properly notated in the paper and thus was confusing. Once that was clarified, the path to implementing MTP is much clearer and should be done faster than originally planned.

Zcoin: Implementing Zerocoin technology for financial privacy
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November 03, 2016, 03:38:40 PM
 #1644


I'm running a private zcoin pool.
Every 2 days i need to restart cause memory required is going to be every day higher!!
This algo is broken!!
Mark my words. Zcoin will not survive with this algo for next 30 days.


Hi Jeremy, do contact me on Slack on #mining and we can see if we can help you out. The block height parameter is going to be capped soon and we're testing code before pushing it.

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November 03, 2016, 03:43:04 PM
 #1645

Also until I hit the 30 post mark, my images on the OP won't show due to BCT guidelines. Cheesy I'll talk more

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November 03, 2016, 04:02:15 PM
 #1646

yes im going to invest all my money in to this

dev has to ask his professor... gives me great confidence to put my life savings  Grin
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November 03, 2016, 04:07:36 PM
 #1647

Bitcoin pump = Zcoin dump
Bitcoin dump = Zcoin dump

 Cheesy Cheesy Cheesy Cheesy Cheesy

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November 03, 2016, 04:44:09 PM
 #1648

Thats why i am not a fan of Cpu only algos

Means Botnets Choice and that means constant Sellpressure from "free" Coins.
I bet botnet guys where hoarding for the Zcash Release and then they dumped it to shit over the BTC run.

Considering real mining Efforts, Momentum and poor Blockrewards this should be arround 40-50$.
That Red Candle of unloads (very likely from Botnets) killed it for now imo.


the problem with this also, is that a gpu miner would be pointless because it will be on par with cpu, really a bad thing for us miner, it will only help mining centralization with aws instances, like someone else said they should have done this with lyra2re2 instead of a fancy lyra2 with some adjusted parameters
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November 03, 2016, 05:03:55 PM
 #1649

Thats why i am not a fan of Cpu only algos

Means Botnets Choice and that means constant Sellpressure from "free" Coins.
I bet botnet guys where hoarding for the Zcash Release and then they dumped it to shit over the BTC run.

Considering real mining Efforts, Momentum and poor Blockrewards this should be arround 40-50$.
That Red Candle of unloads (very likely from Botnets) killed it for now imo.


the problem with this also, is that a gpu miner would be pointless because it will be on par with cpu, really a bad thing for us miner, it will only help mining centralization with aws instances, like someone else said they should have done this with lyra2re2 instead of a fancy lyra2 with some adjusted parameters

AWS started banning users that used bought credits, slack is full with people complaining so that's good for investors now. Also the new algo will be cpu friendly, but might prevent botnets: "We believe MTP is the way to prevent botnets from mining while allowing normal legitimate CPUs to perform proof of work."

Source: https://github.com/zcoinofficial/zcoin/wiki/Roadmap

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November 03, 2016, 05:08:57 PM
 #1650

BTC down.. and we are going up.. whop whop Cheesy

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November 03, 2016, 05:20:12 PM
 #1651

Can I mine this coin with lyra2re2 miner? Nicehash lyra2re2  is supported or  is it  a custom algo? Any idea? Still now I've mined with my CPUs but I intend to buy some hash power.

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November 03, 2016, 06:11:37 PM
 #1652

Zcoin is good, give them chance. It just those botnets that keep selling it to oblivion.
Some guys can get fk cheap AWS credits and they don't care much about the roadmap and such.

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November 03, 2016, 07:43:32 PM
 #1653

Time will tell what happens  Wink

And yes, price should stop getting dumped on as aws cracking down a bit on miners

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November 03, 2016, 08:50:29 PM
 #1654

BTC down.. and we are going up.. whop whop Cheesy

Where do you see a pump? was 0.0025 and after btc dump zcoin is still at 0.0025
95% of poloniex are green. zcoin is always red.

From the first 13 most traded coin on bitterx after btc dump, zcoin is the worst.
Waves: +8%
Nlg: +20%
Dash: +4%
Eth: +5%
Lisk: +11%
Xaur: +15%
xzc: -10%




Who was the expert trader who said: "when btc dump ALL alt goes up?"
"all alt ZCOIN apart"
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November 03, 2016, 09:02:28 PM
 #1655

BTC down.. and we are going up.. whop whop Cheesy

Where do you see a pump? was 0.0025 and after btc dump zcoin is still at 0.0025
95% of poloniex are green. zcoin is always red.

From the first 13 most traded coin on bitterx after btc dump, zcoin is the worst.
Waves: +8%
Nlg: +20%
Dash: +4%
Eth: +5%
Lisk: +11%
Xaur: +15%
xzc: -10%




Who was the expert trader who said: "when btc dump ALL alt goes up?"
"all alt ZCOIN apart"

It did actually go up to 315k before going back down.  So nothing he said was untrue.

You are still a lowlife though with 2 much free time. Wink

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November 03, 2016, 09:03:28 PM
 #1656

BTC down.. and we are going up.. whop whop Cheesy

Where do you see a pump? was 0.0025 and after btc dump zcoin is still at 0.0025
95% of poloniex are green. zcoin is always red.

From the first 13 most traded coin on bitterx after btc dump, zcoin is the worst.
Waves: +8%
Nlg: +20%
Dash: +4%
Eth: +5%
Lisk: +11%
Xaur: +15%
xzc: -10%




Who was the expert trader who said: "when btc dump ALL alt goes up?"
"all alt ZCOIN apart"

It did actually go up to 315k before going back down.  So nothing he said was untrue.

You are still a lowlife though with 2 much free time. Wink

Yes, sorry, i didn't noticed went thru 315k before. just checked now.
Sorry
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November 04, 2016, 12:20:57 AM
 #1657

Time will tell what happens  Wink

And yes, price should stop getting dumped on as aws cracking down a bit on miners

Indeed we still have to see what is gonna happen with it, lets hope it will not get dumped so easily anymore these days..
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November 04, 2016, 05:12:58 AM
 #1658

95% of poloniex are green. zcoin is always red.
part of the problem is right there.. ZCoin is still not listed on Poloniex Undecided but soon the time will come I hope !  Roll Eyes

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November 04, 2016, 06:27:45 AM
 #1659

shit fork? or the normal coin?
specify exchanger liqui.io/#/exchange/XZC_BTC
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November 04, 2016, 07:38:22 AM
 #1660

Not a fork of anything.

https://www.reddit.com/r/ZCoinProject/comments/59tefn/zcoin_is_not_a_zcash_fork_get_it_right/

Well I guess it's a Bitcoin fork like most other alt coins too but has Zerocoin technology built on it. The Zerocoin tech was not forked from Zcash.

Zcoin: Implementing Zerocoin technology for financial privacy
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