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

[barrysty1e]

Right. I was asking for the addresses, they're not in the OP and I thought someone might know them already so I didn't have to use the source, Luke. If no one posts them I'll try to dig them up tonight or tomorrow.

zcoin block explorer.
block 1 (https://zcoin.rocks/block/c0c53331e3d96dbe4a20976196c0a214124bef9a7829df574f00f4e5a1b7ae52).

by opening the link, we see:

aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr
aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR
aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN
a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3
a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U

are the dev addresses

[1713578169]

1713578169

[1713578169]

1713578169

[jeremy grol]

Right. I was asking for the addresses, they're not in the OP and I thought someone might know them already so I didn't have to use the source, Luke. If no one posts them I'll try to dig them up tonight or tomorrow.

Some dev addresses:

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

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

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

As you can see,some are drained:
Total Received   24369.99 XZC
Total Sent     22373.99 XZC
Final Balance     1996 XZC

They start to dump right after bittrex list.
When many user ask them why all those coin has been moved they answers "we have paid Anonymous bounties". 

[jwinterm]

Lol anonymous bounties. Anyway, thanks guys. Didn't even think to look at block 1, derp.

[lpedretti]

Does anybody know how long is it until a mined block matures?

Thx!

[romanornr]

Just setup a ZCoin mining pool. If there are problems, let me know.
https://gflare.io/coin/zcoin

[AizenSou]

Right. I was asking for the addresses, they're not in the OP and I thought someone might know them already so I didn't have to use the source, Luke. If no one posts them I'll try to dig them up tonight or tomorrow.

Some dev addresses:

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

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

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

As you can see,some are drained:
Total Received   24369.99 XZC
Total Sent     22373.99 XZC
Final Balance     1996 XZC

They start to dump right after bittrex list.
When many user ask them why all those coin has been moved they answers "we have paid Anonymous bounties".  

Jeremy the troll doesn't even know how to use the block explorer properly. Funny FUD while the coin is dirty cheap now.
He needs better method to promote his clone Zoin.

@jwinterm: please use this explorer for ur research
https://chainz.cryptoid.info/xzc/

Just setup a ZCoin mining pool. If there are problems, let me know.
https://gflare.io/coin/zcoin

Nice one, thanks Romaro.

[jwinterm]

aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr - Received   19,994.0 XZC - Sent   0.0 XZC
aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR - Received   21,253.99 XZC - Sent   16,103.99 XZC
aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN - Received   19,994.0 XZC - Sent   5,908.0 XZC
a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3 - Received   37,669.7 XZC - Sent   32,537.7 XZC
a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U - Received   24,526.5 XZC - Sent   5,094.0 XZC

So, close to block 10000, total dev/investor tax is about 100k XZC, or 20k per address. Of the five dev/investor addresses, one has moved nothing, two have sent 25%, and two have sent 75%, more or less (since some have obviously received funds besides those from the tax.

[valley365]

sorry for such uncomfortable question but... for what do you want to mine XZC? for dumping it currently at low price near of 0.3 dollar? XZC each day makes new low.

i think its better to mine it while it is cheap because there is less competition then...

i asked because the major count of miners dump immediately.

This is an interesting question. I usually mine and dump according to the profitability... those altcoins for most of them will have not much value in the end. However, I am wondering who are the people buying? Are they traders? or they simply just like the coin?

[Zer0Sum]

aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr - Received   19,994.0 XZC - Sent   0.0 XZC
aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR - Received   21,253.99 XZC - Sent   16,103.99 XZC
aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN - Received   19,994.0 XZC - Sent   5,908.0 XZC
a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3 - Received   37,669.7 XZC - Sent   32,537.7 XZC
a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U - Received   24,526.5 XZC - Sent   5,094.0 XZC

So, close to block 10000, total dev/investor tax is about 100k XZC, or 20k per address. Of the five dev/investor addresses, one has moved nothing, two have sent 25%, and two have sent 75%, more or less (since some have obviously received funds besides those from the tax.

If sold at an average of 0.0015 (375% today's price) that's about $60,000 (split among several people)...
Your average experienced panhandler in a major North American city can easily make $100/day.

This is why you never buy a Super Bubble like ETH, STEEM, ZEC, NLG, REP, SIA, AMP etc at the top...
You nibble... and average down... and mine... and scalp it daily to lower your cost base...
So even with a disaster like this one (my current cost is 0.0013) the losses are limited.

[cyberspacemonkey]

aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr - Received   19,994.0 XZC - Sent   0.0 XZC
aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR - Received   21,253.99 XZC - Sent   16,103.99 XZC
aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN - Received   19,994.0 XZC - Sent   5,908.0 XZC
a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3 - Received   37,669.7 XZC - Sent   32,537.7 XZC
a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U - Received   24,526.5 XZC - Sent   5,094.0 XZC

So, close to block 10000, total dev/investor tax is about 100k XZC, or 20k per address. Of the five dev/investor addresses, one has moved nothing, two have sent 25%, and two have sent 75%, more or less (since some have obviously received funds besides those from the tax.

If sold at an average of 0.0015 (375% today's price) that's about $60,000 (split among several people)...
Your average experienced panhandler in a major North American city can easily make $100/day.

This is why you never buy a Super Bubble like ETH, STEEM, ZEC, NLG, REP, SIA, AMP etc at the top...
You nibble... and average down... and mine... and scalp it daily to lower your cost base...
So even with a disaster like this one (my current cost is 0.0013) the losses are limited.

It's a basic principle of investing, buy low sell high. That's why most ICOs nowadays end up turning out to be dumpfests because they start with a huge market cap and no room left to grow.

[adhitthana]

Is the 20% dev tax activated now?

yes

Are the addresses where those funds go public (without looking into the source code)? Devs hodling or dumping with miners?

I don't know, but something very suspicious occurred early on. Some coins were claimed to have been paid out as bounties but the developers refused to disclose how many coins were paid out.

Draw your own conclusions..
I think that is why this coin will die. For the next 4 years the developers will pull out 20% of all mining. But they admitted that they covered up the truth about the "bounties". So this will always taint the coin.

And in the next 4 years a better zero knowledge coin will arise no doubt. One where the developers don't hide what happened with so many coins

[q835197677]

Miners are not wrong, and the price decline is expected

[adhitthana]

Why Zcoin could be the trade of the year.

Newcomers to Zcoin wondering what the fuss is about, please check out this article:
https://cryptoblogposts.wordpress.com/2016/12/01/why-zcoin-could-be-the-trade-of-the-year/

Nice blog you have.
 I agree with everything you wrote there Zcoin does look cheap compared to other anon coins and the devs look competent.

But there is one huge problem I see. Zeroknowledge coins require a "trusted set up". We need to be absolutely sure we can trust whoever set it up.
But the developers wont even tell us the truth about the "bounties"

[gawlea]

Hello all, i'm new to mining, i want to ask you something. If I want to mine with the built in wallet miner I must wait the wallet to get sync or I can start right now?

[nonny12]

Hello all, i'm new to mining, i want to ask you something. If I want to mine with the built in wallet miner I must wait the wallet to get sync or I can start right now?

You need to wait for the wallet to sync. Also, unless you have a large amount of hash power, it's suggested to use mining pools instead.

[ether19]

Hello all, i'm new to mining, i want to ask you something. If I want to mine with the built in wallet miner I must wait the wallet to get sync or I can start right now?

Yes, I think you will have to wait for the wallet to get Synced to the network and wait until the entire blockchain is downloaded. Only then you account address will shown the balance amount and you should be able to mine with the built in miner.

[gawlea]

OK thanks guys, I have mined some, using a pool ~1,5 xzc/24h and I want to give it a try with solo mining.
@nonny12 what do you mean with large amount of hash power?

[ERossin]

Right. I was asking for the addresses, they're not in the OP and I thought someone might know them already so I didn't have to use the source, Luke. If no one posts them I'll try to dig them up tonight or tomorrow.

zcoin block explorer.
block 1 (https://zcoin.rocks/block/c0c53331e3d96dbe4a20976196c0a214124bef9a7829df574f00f4e5a1b7ae52).

by opening the link, we see:

aCAgTPgtYcA4EysU4UKC86EQd5cTtHtCcr
aLrg41sXbXZc5MyEj7dts8upZKSAtJmRDR
aQ18FBVFtnueucZKeVg4srhmzbpAeb1KoN
a1HwTdCmQV3NspP2QqCGpehoFpi8NY4Zg3
a1kCCGddf5pMXSipLVD9hBG2MGGVNaJ15U

are the dev addresses

is that true? if yes, that is terrible and not fair. maybe it's the big reason to make the price down.

[doktor83]

price dropping, confirmations slowing.
No reason to mine anymore.

[Miki77]

Just setup a ZCoin mining pool. If there are problems, let me know.
https://gflare.io/coin/zcoin

Stratum is not working.