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Author Topic: [ANN] Firo (FIRO) - Implementing ZKP privacy without trusted setup  (Read 662308 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
jwinterm
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December 10, 2016, 02:35:40 AM
 #2061

...Zeroknowledge coins require a "trusted set up". We need to be absolutely sure we can trust whoever set it up...

From the first paragraph of the Zcoin section:
Quote
Since monetary inflation of any kind would be detected immediately this also mitigates any trust issues during initial setup.

According to the interview with Gary Le Zcoin does have a trusted setup.
Just after the 30 minute mark or thereabouts.
Unless I missed something

http://www.cryptoholics.com/cryptoholics-ep02/

Zcoin uses a number from the RSA factoring challenge from like 1991 as their trusted setup parameter (RSA has recently been revealed to be in bed with the NSA, but this was 20 years before that). For some reason Zcash requires a much more complex trusted setup that can't just be the product of two prime numbers, and so there was the whole Zooko and Peter Todd fiasco.

The other thing to consider is that the money supply is known in the case of Zcoin, so if someone managed to factor the RSA 2048 number and people noticed the money supply was bigger than expected, than Zcoin could just fork I think. With Zcash there is no way to no if someone is minting coins due to a flaw in the setup.

I am not a mathologist or cryptotician, take it with a grain of salt.
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1711666312
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derrend
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December 10, 2016, 04:28:11 AM
Last edit: December 10, 2016, 12:53:24 PM by derrend
 #2062

According to the interview with Gary Le Zcoin does have a trusted setup.
That is true but the exploit would be immediately visible and the coins would become worthless. There is no incentive in the Zcoin ecosystem.
sanas
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December 10, 2016, 08:07:35 PM
 #2063

Have problem with blockchain solved? Price is again very high.

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frostynug
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December 11, 2016, 01:40:56 PM
 #2064

did anyone notice that XZC is listed on bitcoin.com forums.. one of only a few, monero litecoin dash... great support, as soon as people realize this is a zerocash competitor and a completely different code, not just a clone, the better.

kryptopojken
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December 11, 2016, 01:50:27 PM
 #2065

Have problem with blockchain solved? Price is again very high.

ues it's very very high! just down 90%+ from the top
sanas
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December 11, 2016, 04:45:58 PM
 #2066

Have problem with blockchain solved? Price is again very high.

ues it's very very high! just down 90%+ from the top

I bought all my XZC at 40k, and for me it was good price to sell, which I did.

.cashaa....█████
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zoose
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December 11, 2016, 09:21:49 PM
 #2067

Have problem with blockchain solved? Price is again very high.

ues it's very very high! just down 90%+ from the top

I bought all my XZC at 40k, and for me it was good price to sell, which I did.

Buy low sell high!


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lpedretti
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December 11, 2016, 09:30:49 PM
 #2068

Have problem with blockchain solved? Price is again very high.

ues it's very very high! just down 90%+ from the top

I bought all my XZC at 40k, and for me it was good price to sell, which I did.

Buy low sell high!


I'll give a shot at mining and storing, let's see what happens in a few weeks just to bet Smiley

AC: ANuRoFPkCjZSxsw2S41djrrA1D4xMMmwhs
Goruno
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December 12, 2016, 12:19:17 PM
 #2069

I'm watching this price and I will buy some cheap coins when it's more down
I expect it will be back at 0.01 soon in new year.
lpedretti
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December 12, 2016, 02:35:15 PM
 #2070

I'm watching this price and I will buy some cheap coins when it's more down
I expect it will be back at 0.01 soon in new year.

You mean 0.001?

AC: ANuRoFPkCjZSxsw2S41djrrA1D4xMMmwhs
SimkoMiner
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December 12, 2016, 04:42:39 PM
 #2071

PRICE FALLING AGAIN. FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUCKKKKKKKKKKKKKK!!!!!!!!!!!!!!!!!!
Zer0Sum
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December 12, 2016, 05:11:24 PM
 #2072

Hope poloniex would add it. This coin has great devs and a huge potential to be a Zcash cousin Smiley

ZEC - "Hi, I'm gold."

XZC - "Hi, I'm silver."
doktor83
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December 12, 2016, 05:29:07 PM
 #2073

PRICE FALLING AGAIN. FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUCKKKKKKKKKKKKKK!!!!!!!!!!!!!!!!!!


quick, dump!!! Cheesy

SRBMiner-MULTI thread - HERE
http://www.srbminer.com
Chikako
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December 12, 2016, 05:31:33 PM
 #2074

I still have many zcoin and zcoin classic wanting for the next pump
drays
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December 12, 2016, 06:27:56 PM
 #2075

I still have many zcoin and zcoin classic wanting for the next pump

Did I miss something? zcoin classic..? What is that?

... this space is not for rent ...
sanas
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December 12, 2016, 07:54:32 PM
 #2076

XZC has a very high volatility, one of the best on Bittrex. But it is better not to take risks with large purchases, and use 1/10 of deposit.

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zcoinofficial (OP)
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December 13, 2016, 02:47:20 AM
 #2077

Check out the video we've made introducing Zcoin:

Firo: Implementing Lelantustechnology for financial privacy
firo.org
BCT | Telegram | Twitter | Reddit
greenclover
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December 13, 2016, 03:13:20 AM
 #2078

Check out the video we've made introducing Zcoin:


nice ... when MTP will be out? it will be a big boost for Zcoin
golfhuso
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December 13, 2016, 08:26:09 AM
 #2079

Check out the video we've made introducing Zcoin:


Nice one.  Would be nice if we receive more update weekly.

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bumbacoin
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December 13, 2016, 09:39:59 AM
 #2080

looks like a fork ?

zcoin getpeerinfo | grep startingheight
        "startingheight" : 11643,
        "startingheight" : 8197,
        "startingheight" : 8197,
        "startingheight" : 5134,
        "startingheight" : 5770,
        "startingheight" : 8197,
        "startingheight" : 11643,
        "startingheight" : 11643,
        "startingheight" : 11643,
        "startingheight" : 8197,
        "startingheight" : 11643,
        "startingheight" : 8197,
        "startingheight" : 8197,
        "startingheight" : 8197,
        "startingheight" : 8197,

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