[ANN] Firo (FIRO) - Implementing ZKP privacy without trusted setup

[ecawyna]

For the record, these are the developers' addresses. They won't show up in this block explorer but you can check them yourself on your own copy of the chain:

https://zcoin.rocks/address/aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr
https://zcoin.rocks/address/aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR
https://zcoin.rocks/address/aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN
https://zcoin.rocks/address/a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3
https://zcoin.rocks/address/a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U

Those developer addresses show up on each block. Here's a recent example:
https://zcoin.rocks/block/84d62d4beda482fba87fba6aa856b0127fa9b822d1b19f495bbbc95d37daeef0

Take other people's word for anything on bitcointalk and you'll lose alot of money.

The regular timing of these dumps looks like a miner dumping block by block down to the .005ish range.

if so, then what are this transaction in these address. It's not dev address? Investor address?

https://insight.zcoin.rocks/address/aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN

https://insight.zcoin.rocks/address/aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR

https://insight.zcoin.rocks/address/a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3

[1714163662]

1714163662

[1714163662]

1714163662

[1714163662]

1714163662

[TheStuhlman]

All this fud is to absorb the miner's coins cheap. It's so obvious.

[adaseb]

All these Cloud VPS are telling me to bugger off. Can't pay and rent out anything for mining, which is surprising since I am pretty sure miners are their only source of business. Who else rents these cloud servers when most people have a CPU at home and a GPU with some RAM and a SSD.

My guess is that those Xeon CPUs they have which have 12 cores / 24 hypercores they probably spread it out with 100 different users at once and they don't want a miner taking up all the CPU usage.

[bensam1231]

this has the be wrong or this guy has a gpu miner ?


1      barrystyle   69   2,330.427  

his hashrate is 2,330 khs that's like four times as high as the next closest

Botnet or many AWS instances.

sp has already made a gpu miner, at least he claim so

I think he didn't ;-)

Yup. There isn't a GPU miner, he didn't know that it was different from Lyra2, that's where his 'claimed' numbers came from. Lyra2 performance.

Amph being dumb as always.

just to be clear: I don't think there's any gpu miner available; I also don't think it's worth developing it, and I'm not alone.

I disagree entirely with the amount of money that is flowing through this coin right now. You'd just need a moderately sized farm to make fistfuls of money back. It doesn't matter if this algo never gets used again, it's about striking while the iron is hot and she's glowing red hot right now. There are plenty of algos that never get used after the first coin.

Even if each GPU, like a 1070 makes as much as a 4core Intel, it'd still be 'good enough' for a launch miner. It doesn't need to be infinitely faster, it just needs to be just as fast as what most people can muster or faster. A 4 core modern Intel is a great baseline for that.

They haven't even announced a timeline for the new algo, so while we're burning time sitting here talking about when they're going to switch over (which I assume is more then a month away as it hasn't been announced yet), the coin keeps draining into the endless botnet funnel.

Unfortunately my mining operation is too small to employ people, but eventually I hope to employ coders who don't code on a whim. Opportunities like this don't come around all that often. Seems most of the developers here work on whatever they want, regardless of people offering them money to do otherwise. They seem notoriously bad at making business decisions with the exception of Wolf0 and his shady ass business tactics. It's funny it's so hard to actually contract developers here when they talk about donations and getting paid all the time.

[tokyopotato]

So when is the next developer update coming?

[tokyopotato]

BTW, this is a nice block explorer. I like insight. : https://insight.zcoin.rocks/

[kbhutto]

Diff is very high........current coin price is only good for 1/3 of AWS cost at my end. Just terminated instances.

[traspy]

Diff is very high........current coin price is only good for 1/3 of AWS cost at my end. Just terminated instances.

Diff is to high.
to high. There is no profit. Better buy now.

[bensam1231]

Diff is very high........current coin price is only good for 1/3 of AWS cost at my end. Just terminated instances.

Yup botnets gobbling it up as always. There is no price for botnets and no power costs, only CPU mineable coins... nomnomonmonmnomn

[garthkiser]

if so, then what are this transaction in these address. It's not dev address? Investor address?

https://insight.zcoin.rocks/address/aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN

https://insight.zcoin.rocks/address/aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR

https://insight.zcoin.rocks/address/a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3

Yeah, those are indeed developer/investor addresses from the "Founders' Reward".

Before volume drops off after the Zcash launch, they need to be more transparent about these transactions.

Otherwise, the uncertainty will drive everyone down.

[ocminer]

Sprnova pool operator ,  some of my miners are getting rejected by the pool , these are highish hash rate machines like 30h/s from one of the boxes , any reason why ?

its the pool becase once I switched to pool.mn it works again

I'm sorry one of my main mining nodes was shut down as the hoster falsely thought it was attacked by a DDoS (which he made him block the port) - and the backup nodes couldn't cope with all the load, i've informed him now and the node is back up - all is good again.

[phantagram]

Poramin Insom and Gary Le are dumping. what did you expect?

So far they have dumped:

4294 + 5364 + 5908 + 9071.99 = 24637.99 XZC

Founders Reward addresses:

https://insight.zcoin.rocks/address/a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U

Total Sent 4294 XZC
Final Balance 4270 XZC

https://insight.zcoin.rocks/address/a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3

Total Sent 5364 XZC
Final Balance 3200 XZC

https://insight.zcoin.rocks/address/aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN

Total Sent 5908 XZC
Final Balance 2656 XZC

https://insight.zcoin.rocks/address/aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR

Total Sent 9071.99 XZC
Final Balance 752 XZC

https://insight.zcoin.rocks/address/aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr

Total Sent 0 XZC
Final Balance 8564 XZC

[-Greed-]

This coin is a blatant robbery: https://bitcointalk.org/index.php?topic=1656244.0
The devs get 7000$ daily (calculation based on current price) which means 2,500,000$ USD annually!

How's that 10% premine for Zcash?  Is that robbery o
r like you trolls like to call develoment?

This is a reasonable donation. Zerocoin team spent few years on development and put much effort on it. I feel like they deserve it but not these guys who just forked the coin and wishing 10m USD for this.

This coin is a blatant robbery: https://bitcointalk.org/index.php?topic=1656244.0
The devs get 7000$ daily (calculation based on current price) which means 2,500,000$ USD annually!

Nothing in life is so bad that count money of neighbours.
Think for yourself and your pocketmoney, not moneys for someone's else.
Same time you blame zcoin dev (that worked for the coin) there are politicians and shit cabaret man that take more than 7k daily for doing nothing in real life

Go downtown and fight for your right in society, and fight corrupted politicians that take millions yearly just to sit on a chair and makes people even more poor by paying always more taxes in real life.

Corruption is a very serious problem in my county but I can't change it. I don't blame anyone I just want people who buy, who mine, who support this coin to aware that they are getting robbed by the devs.

[zcoinofficial]

Please see our note regarding bounties: https://zcoin.io/note-regarding-bounty

[Golftech]

Please see our note regarding bounties: http://blog.zcoin.tech/note-regarding-bounty/

thank you for this link mate let me read it for you to learn more on it. good luck

[DeadBirdzz]

Please see our note regarding bounties: http://blog.zcoin.tech/note-regarding-bounty/

Poramin and Gary have not sent any Zcoins, other than to pay for bounties. In parallel to Zcoin’s goal of privacy, we are not disclosing the specifics of the bounty payouts. Such disclosure would only lead to nonstop arguments about the fairness of the bounty payouts. As with any organization that keeps individual compensation private, Zcoin is doing the same so that the organization can continue to be productive. The eventual logic of bounty disclosures ends with the discussion and debate over every single Zcoin bounty, which may be as small as 1 or 2 Zcoins. Such disclosure introduces the element of politics, creating massive inefficiencies towards Zcoin’s goals. For this reason, Zcoin will not be disclosing the specifics of the bounty payouts.




So that's what Developers dumping is now called: " ANONYMOUS BOUNTY PAYOUTS"

Wonder how many ANONYMOUS BOUNTY PAYOUTS remain to be made......

[-Greed-]

Please see our note regarding bounties: http://blog.zcoin.tech/note-regarding-bounty/

Poramin and Gary have not sent any Zcoins, other than to pay for bounties. In parallel to Zcoin’s goal of privacy, we are not disclosing the specifics of the bounty payouts. Such disclosure would only lead to nonstop arguments about the fairness of the bounty payouts. As with any organization that keeps individual compensation private, Zcoin is doing the same so that the organization can continue to be productive. The eventual logic of bounty disclosures ends with the discussion and debate over every single Zcoin bounty, which may be as small as 1 or 2 Zcoins. Such disclosure introduces the element of politics, creating massive inefficiencies towards Zcoin’s goals. For this reason, Zcoin will not be disclosing the specifics of the bounty payouts.




So that's what Developers dumping is now called: " ANONYMOUS BOUNTY PAYOUTS"

Wonder how many ANONYMOUS BOUNTY PAYOUTS remain to be made......

Totally agreed.

[slugmandrew]

HA!, quite proud I made the list there! I was GENUINELY was hashing like mad on AWS with about 190 x8 core machines going but it's just not profitable any more so that's over...

[cran]

HA!, quite proud I made the list there! I was GENUINELY was hashing like mad on AWS with about 190 x8 core machines going but it's just not profitable any more so that's over...

lol  

[ecawyna]

Please see our note regarding bounties: http://blog.zcoin.tech/note-regarding-bounty/

You didn't have any clear explanation on those huge transactions yet.