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Author Topic: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy  (Read 413571 times)
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Roolieman
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October 11, 2016, 07:47:45 AM
 #321

I'm afraid that with crippled algo and growing hashrate of botnets this coin has no bright future.
The price is already going down.

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October 11, 2016, 08:34:04 AM
 #322

I'm afraid that with crippled algo and growing hashrate of botnets this coin has no bright future.
The price is already going down.

There are still mining more than 900 worker suprnova.cc and more than 400 on pool.mn. This Coin will have his time...i'm for sure. its mostly the same with new coins. after 1 to 2 week the price goes down because some miners are selling there coins.

But as you have said, the algo and the hashrate are big problems for tiny miners like us.

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October 11, 2016, 08:36:21 AM
 #323

Price now is low. should be at least 0.01 to be profitable...not talking about 1 usd @ day.  Wink
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October 11, 2016, 09:05:28 AM
 #324

Price now is low. should be at least 0.01 to be profitable...not talking about 1 usd @ day.  Wink

I agree. mining this coin is now not enough to supply in the market . no premined , No ICO , and the volumn of Zcoin is not much
so the price will rise in next time . I think it will be second ETH instead




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October 11, 2016, 09:23:46 AM
 #325

the bot net is taking on this it seems, that's why cpu coin are bad, i'm waiting for the release of the gpu miner
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October 11, 2016, 09:45:57 AM
 #326

the bot net is taking on this it seems, that's why cpu coin are bad, i'm waiting for the release of the gpu miner

zcoin was already forked from scrypt-n cause gpu asic farm were mining and community ask only cpu.
Now you ask go back to gpu to allow nicehash to point thousand MH on zcoin and let us small miner with only 10-15 gpu get peanuts?
No thanks.
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October 11, 2016, 09:53:36 AM
 #327

the bot net is taking on this it seems, that's why cpu coin are bad, i'm waiting for the release of the gpu miner

Still more profitable than SIA dual mining so not going to complain just yet.

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October 11, 2016, 11:46:19 AM
 #328

nethash is getting outrageous!  Looks like people are catching on  Cheesy

Nethash is crazy. more people are mining zcoin than bitcoin. crazy.
we need more pools.

Why more pools ?
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October 11, 2016, 11:51:43 AM
 #329

nethash is getting outrageous!  Looks like people are catching on  Cheesy

Nethash is crazy. more people are mining zcoin than bitcoin. crazy.
we need more pools.

Why more pools ?

Avoid centralization to increase network resilience

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October 11, 2016, 11:57:29 AM
 #330

I see that the pool xzc.suprnova.cc has got problem it doesn't show the worker hashrate in my account
and it seems that the payout is not shown on dashboard . Please check it




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PapanyMiner
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October 11, 2016, 12:06:30 PM
 #331

It may, instead of the GPU miner, will make a normal CPU miner and stable pool Huh
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October 11, 2016, 12:18:22 PM
 #332

I see that the pool xzc.suprnova.cc has got problem it doesn't show the worker hashrate in my account
and it seems that the payout is not shown on dashboard . Please check it

Well, if your worker isn't shown on the dashboard that also means you get no payout as there is no hash on the pool Smiley

Try to look at the "My Workers" page if the hashrate is displayed there.


suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
vvinam
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October 11, 2016, 12:27:15 PM
 #333

pool

https://pool.mn/xzc/

stratum+tcp://xzc.pool.mn:2428

./cpuminer -a lyra2rev2  -o stratum+tcp://xzc.pool.mn:2428 -u Weblogin.WorkerName -p WorkerPassword
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October 11, 2016, 12:50:29 PM
 #334

I see that the pool xzc.suprnova.cc has got problem it doesn't show the worker hashrate in my account
and it seems that the payout is not shown on dashboard . Please check it

Well, if your worker isn't shown on the dashboard that also means you get no payout as there is no hash on the pool Smiley

Try to look at the "My Workers" page if the hashrate is displayed there.



No. I look at my machine. it's working well and it shows shares accepted as normal but it's not shown on dashboard.

Now it's shown again after I made a notice above




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oslak
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October 11, 2016, 01:12:05 PM
 #335

I see that the pool xzc.suprnova.cc has got problem it doesn't show the worker hashrate in my account
and it seems that the payout is not shown on dashboard . Please check it

Well, if your worker isn't shown on the dashboard that also means you get no payout as there is no hash on the pool Smiley

Try to look at the "My Workers" page if the hashrate is displayed there.



No. I look at my machine. it's working well and it shows shares accepted as normal but it's not shown on dashboard.

Now it's shown again after I made a notice above

I noticed the same but the pool found no block during that period. Then shows the share when it found the next block.
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October 11, 2016, 01:15:38 PM
 #336

Is this relevant to the 2048 RSA number used for the trusted setup:
http://www.theregister.co.uk/2016/10/09/crypto_needs_more_transparency_researchers_warn/

Also, this doesn't inspire much confidence:
http://www.theregister.co.uk/2013/12/21/nsa_paid_rsa_10_million/

And from the comments:
Quote
400 core years
That's not really very much. You can do that in less than an hour on AWS for around $200,000. There are more cost-effective ways to do it, but if your target is worth that much to you then it's pretty easily done.


?
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October 11, 2016, 02:53:16 PM
 #337

Price now is low. should be at least 0.01 to be profitable...not talking about 1 usd @ day.  Wink

I agree. mining this coin is now not enough to supply in the market . no premined , No ICO , and the volumn of Zcoin is not much
so the price will rise in next time . I think it will be second ETH instead

Developer subsidy is pretty hefty. 10 coins per block...
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October 11, 2016, 03:15:59 PM
 #338

Is this relevant to the 2048 RSA number used for the trusted setup:
http://www.theregister.co.uk/2016/10/09/crypto_needs_more_transparency_researchers_warn/

Also, this doesn't inspire much confidence:
http://www.theregister.co.uk/2013/12/21/nsa_paid_rsa_10_million/

And from the comments:
Quote
400 core years
That's not really very much. You can do that in less than an hour on AWS for around $200,000. There are more cost-effective ways to do it, but if your target is worth that much to you then it's pretty easily done.


?

Please see point 2 in this blog: https://zcoin.io/zcoin-and-zcash/

Zcoin: Implementing Zerocoin technology for financial privacy
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poptartcat
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October 11, 2016, 03:37:13 PM
 #339

Thanks. Can you answer my earlier question as well:

I've heard that multisig transactions are impossible using the zero knowledge proofs of either zcash or zcoin, and this will significantly affect the privacy of both (if everyone uses the "clearnet" token, then who cares if there is an anonymous sub-token), since, monero for instance will soon allow ringsig multisig after ringct is implemented. Is this true? Multisig impossible with zcash or zcoin anon tokens?

This seems quite important, since at the moment private currency seems to equate with DNMs, and while I think most still use escrow, the ideal is that people would use multisig. If private multisig txs are impossible with zerocoin or zerocash, doesn't this hamper their utility quite a bit?
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October 11, 2016, 04:30:01 PM
 #340

Thanks. Can you answer my earlier question as well:

I've heard that multisig transactions are impossible using the zero knowledge proofs of either zcash or zcoin, and this will significantly affect the privacy of both (if everyone uses the "clearnet" token, then who cares if there is an anonymous sub-token), since, monero for instance will soon allow ringsig multisig after ringct is implemented. Is this true? Multisig impossible with zcash or zcoin anon tokens?

This seems quite important, since at the moment private currency seems to equate with DNMs, and while I think most still use escrow, the ideal is that people would use multisig. If private multisig txs are impossible with zerocoin or zerocash, doesn't this hamper their utility quite a bit?

Multisig transactions actually are possible with Zerocoin.

Zcoin: Implementing Zerocoin technology for financial privacy
zcoin.io
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