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Author Topic: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy  (Read 523671 times)
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Vin
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October 29, 2016, 10:14:21 PM
 #1541

Hello all. I bought some Zcoin, so I thoght I'd find out a bit more. Smiley
Coinmarket cap says 264,000 coins.

How many will there be in total?

Did the devs premine some? (I hope so). Was there an ICO?

Thanks for any help

21 million total.

Hope to answer the first question.

ICO, or preminer, I don´t know, sorry.
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October 29, 2016, 10:22:00 PM
 #1542

Hello all. I bought some Zcoin, so I thoght I'd find out a bit more. Smiley
Coinmarket cap says 264,000 coins.

How many will there be in total?

Did the devs premine some? (I hope so). Was there an ICO?

Thanks for any help

https://zcoin.tech/faq.html#distribution
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October 29, 2016, 11:48:31 PM
 #1543

Thank you for the replies.
So eventually there will be 80 times more coins than we see now. And on that basis the market cap would be around $70M USD.

Priced for success?

But no where near Zcash which traded above 3000 BTC...or $30 Trillion by the same methodology. (or did I do my sums wrong?)
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October 30, 2016, 12:42:51 AM
 #1544

From the blog wrt bounties
Quote
As with any organization that keeps individual compensation private, Zcoin is doing the same so that the organization can continue to be productive.

So if they disclosed the bounty amount they would not be productive?? Seems  like a lame excuse.

I hope it is not a forerunner of further lame excuses in the future.

Do we have any information?  Could they have paid out 100,000 coins?  50,000 coins?  10,000 coins?

Maybe they paid themselves a large amount of coins?
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October 30, 2016, 07:51:59 AM
 #1545

Hehe, how many investors mistaken ZCoin and ZCash? -)
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October 30, 2016, 09:34:12 AM
 #1546

Hehe, how many investors mistaken ZCoin and ZCash? -)

How could they? Two different names, two different things. I don't get the confusion between these two projects. That's like confusing Bitcoin and Litecoin, because both end on -coin?  Huh Because both are using the same blockchain mechanism? I don't get it. Zcoin and Zcash are two different technologies built around the same concept.

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October 30, 2016, 10:36:23 AM
 #1547

Zcash dev admitted there is a major bug in wallet. Anon tx require such a lot gb ram.
Crazy!


ZCOIN IS MUCH BETTER!!!!!
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October 30, 2016, 03:02:55 PM
 #1548

I have bought many xzc coins when it is under 0.005btc . it will bring me back big profits after next weeks.
say no with zec. why do we buy zec with very high price although they are the same same technology


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October 30, 2016, 06:27:22 PM
 #1549

Zcoin has larger marketcap than Zcash  Cheesy
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October 30, 2016, 08:05:30 PM
 #1550

The best pool for zcoin , i know only suprnova , but is offline now .

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October 30, 2016, 08:33:56 PM
 #1551

The best pool for zcoin , i know only suprnova , but is offline now .

Back online, there was an attack against the stratum

suprnova pools - reliable mining pools - #suprnova on freenet
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October 30, 2016, 10:36:41 PM
 #1552

The best pool for zcoin , i know only suprnova , but is offline now .

Back online, there was an attack against the stratum
when I startup my AWS instances they use to work fine, now I get this error.

"Starting Stratum on stratum+tcp://xzc.suprnova.cc:5595
Illegal instruction (core dumped)"

Do you think it is related to that stratum attack you spoke of or just some corruption on my end?

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October 31, 2016, 01:12:41 AM
 #1553

Hehe, how many investors mistaken ZCoin and ZCash? -)

How could they? Two different names, two different things. I don't get the confusion between these two projects. That's like confusing Bitcoin and Litecoin, because both end on -coin?  Huh Because both are using the same blockchain mechanism? I don't get it. Zcoin and Zcash are two different technologies built around the same concept.

http://blog.zcoin.tech/zcoin-and-zcash/

It's really similar tech, but with very different tradeoffs.

I would be concerned that ZEC completely conceals tx quantity...
To the point were it's impossible to determine how much ZEC actually exists...
Creating a gaping, invisible security hole that instantly makes ZEC the odds-on favorite for "biggest hack in crypto history"...
"This situation... is far more serious than The DAO... ZEC code is several orders of magnitude larger and more complicated".

Get rich quick groups never learn... or, rather, just care about the launch.


Because XZC does not conceal tx quantity, potential exploits and bugs are crypto garden variety...
So until ZEC slides to 0.1 BTC or so... XZC is the only game in town  Smiley
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October 31, 2016, 01:15:15 AM
 #1554

All the noobs are buying ZEC and all pros are accummulating XZC.
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October 31, 2016, 01:57:13 AM
 #1555

All the noobs are buying ZEC and all pros are accummulating XZC.

Why?

Do you have some reason?
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October 31, 2016, 02:12:51 AM
 #1556

All the noobs are buying ZEC and all pros are accummulating XZC.
yep, that's correct


███
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■   .PRIVATE SALE is LIVE.   ■
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Whitepaper   ■   Bounty   ■   Bitcointalk

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                     ▄▄ ▀▀▀ ███
                     ██▀ ▄▄ ▀▀▀
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                        ▄ ▄█▄
                       ▀▀ ▀▀
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October 31, 2016, 02:15:17 AM
 #1557

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

-----------------------------------------------------

Fixed reindex and implemented MTP ( 4 - 5 months )

Reindex Issue - Done

Implement MTP: Merkle-tree based Proof-of-Work

Paper: https://arxiv.org/pdf/1606.03588v1.pdf

We believe MTP is the way to prevent botnets from mining while allowing normal legitimate CPUs to perform proof of work. On the verification end, it will take less time to process compared with finding proof. It is better than Equihash in term of verification speed following the below table, excerpt from https://www.usenix.org/system/files/conference/usenixsecurity16/sec16_paper_biryukov.pdf



Update Code Base to Bitcoin Core Latest Version 1 - 2 months

Implementing TOR and i2p on wallet clients 1 - 2 months

Further performance improvements to Zerocoin 2 - 4 months

Currently, our implementation doesn't do parallel verification on Zerocoin spend transactions. Once implemented, Zerocoin spend transactions can be sped up and there can be more than one spending transaction per block.

Implementing trustless setup in Zerocoin Protocol 6 - 12 months

Based on an academic paper, it may be possible to implement the Zerocoin protocol without a trusted setup phase. We will do further research into this, and will implement it if it is possible.

Distributed Market - If no darkmarkets accept ZCoin at that time 6 - 12 months
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October 31, 2016, 11:49:57 AM
 #1558

Hi all, the original post has been updated with more information. Will continue to update this but the roadmap and some common questions on Zcash vs Zcoin are all there now.

Zcoin: Implementing Zerocoin technology for financial privacy
zcoin.io
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October 31, 2016, 01:19:41 PM
 #1559

Hi all, the original post has been updated with more information. Will continue to update this but the roadmap and some common questions on Zcash vs Zcoin are all there now.

This link is broken in the OP

 4-5 months
Implement =https://arxiv.org/pdf/1606.03588v1.pdfMTP: Merkle-tree based Proof-of-Work
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October 31, 2016, 02:56:09 PM
 #1560

Price it a all time low! Excellent time to buy with the upcoming updates.  Grin
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