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

[tomsmith26]

@Zcoinofficial i am having problems downloading the chain, it stops at block 670, 24 weeks remaining. Wallet 0.8.7.7 download via your official website...

I tried deleting all the files and everything!

Please advice

You must wait for 3 -5 days for sync and sometimes you must restart your wallet then it's fine. My wallet is still running ok now.

[zrunfeng]

Zcoin 's total value is still small.And Many people are looking forward to the Znodes.So just go to buy all what you can!

[Goruno]

Zcoin 's total value is still small.And Many people are looking forward to the Znodes.So just go to buy all what you can!

How many coins does one znode need?  I want to know this and will buy more zcoins for one znode. Thank you

[ZenFr]

Zcoin 's total value is still small.And Many people are looking forward to the Znodes.So just go to buy all what you can!

How many coins does one znode need?  I want to know this and will buy more zcoins for one znode. Thank you

We don't know at this time, The dev team will decide this amount.

My opinion :
There is less than 1.7 million XZC.
1% of this is 17,000 XZC (100 nodes have all the coins).
0.1% of this is 1,700 XZC (1,000 nodes have all the coins).
...
If you want 1,000 nodes for 10% of the avaible coins (good example, but it is still an example), each node will have 170 XZC.
Each XZC is at 450,000 sats, total 0.765 btc (finally my example is very good : not to high, not too low).

Yes, buy all ZCoins that you can :-).

[go6ooo1212]

does the network need so much service nodes..

[ZenFr]

does the network need so much service nodes..

I don't know : less seems to me very few for the network, no ?

[go6ooo1212]

1000 coins should be enough , I think. Not too much , and not too less...

[Goruno]

Zcoin 's total value is still small.And Many people are looking forward to the Znodes.So just go to buy all what you can!

How many coins does one znode need?  I want to know this and will buy more zcoins for one znode. Thank you

We don't know at this time, The dev team will decide this amount.

My opinion :
There is less than 1.7 million XZC.
1% of this is 17,000 XZC (100 nodes have all the coins).
0.1% of this is 1,700 XZC (1,000 nodes have all the coins).
...
If you want 1,000 nodes for 10% of the avaible coins (good example, but it is still an example), each node will have 170 XZC.
Each XZC is at 450,000 sats, total 0.765 btc (finally my example is very good : not to high, not too low).

Yes, buy all ZCoins that you can :-).

Yes, Thank you for your thought. I think it's about 1,000xzc enough to do znode well but it's depending to Dev's decision.

[ZenFr]

1000 coins should be enough , I think. Not too much , and not too less...

I was thinking about 170 XZC, not 1,000 : 1000 XZC is too much and too expansive (4,5 btc).
1,000 is the number of the nodes.

[thefix]

May be I'll repeat my thought from Zcash forum...

If devs are going to create a PoW cryptocurrency, their main task should be to provide the community of miners with source code and binaries of P2Pool adapted to their newly created crypto. Otherwise it looks a bit scammy: the crypto is just created, almost nobody has wallets and mining SW, but just take a look - you can already mine our super-crypto at suprnova! And literally nowhere else. So come and mine it! Faster!..

But devs often doesn't care about it. So as a result we have a centralization, we have stolen blocks, 50% underpaying... So does it mean that devs are agree that miners will have such a negative experience? Looks so...

Perhaps you missed out on some of the things we did in the past. We are indeed big fans of P2Pool but at the moment, we are only in a transition algorithm that is due to be phased out pretty soon. (https://zcoin.io/language/en/zcoin-transition-algo-lyra2z-specs-finalized/)

We had ocminer from Suprnova to release his pool code for the original Lyra2 which he did. You can view the Github here: https://github.com/ocminer/node-multi-hashing-xzc
A sizeable bounty was paid to him. This was however not updated to the temporary transition algorithm for lyra2z yet.

MiningPoolHub (http://zcoin.miningpoolhub.com/) and ZPool (http://zpool.ca/site/mining) under Lyra2z are both big mining pools that support mining Zcoin with the latest algorithm so there are 3 big quality mining pools that support Zcoin's current algorithm Lyra2z. We work closely with them and provide support where needed. Suprnova's predicted earnings are not accurate so you have to rely on your own calculators. MPH did do some work on getting accurate earnings predictions on their site.

We also engaged djm34 to develop public binaries for the Lyra2z miner code which we released (most other coins don't give a crap),
https://github.com/djm34/sgminer-msvc2015
https://github.com/djm34/ccminer-msvc2015

P2Pool is of course something we are looking at but we're only considering developing it once we move to our MTP algorithm.
http://zcoin.io/language/en/what-is-mtp-merkle-tree-proof-and-why-it-is-important-to-zcoin/
It doesn't make sense to spend resources in developing too much for the transition algorithm Lyra2z when the MTP release on testnet is a few weeks away. We foresee this will be the final PoW mechanism that will be used and then we can dedicate our resources to developing for it.

Again, djm34 has been engaged to come up with the publicly released binaries of the miners.

Remember, right now we're quite a lean team. Right now, we're not like Zcash's army of devs and millions of dollars to spend on multiple code audits so our current focus is
a) Finishing MTP and rolling it out
b) Fixing wallet experience
c) Working on Znodes
d) Code audit

Once a) and b) tasks have been finished especially a) we can definitely look into getting P2Pool code out. Heck, we have been playing around with the idea that all Znodes should even host P2Pool (but nothing finalized yet).

Thanks for the update
I just noticed an old post of yours on steemit just got promoted, are you still active on steemit? steemit.com/@zcoinofficial

[fuongy]

1000 coins should be enough , I think. Not too much , and not too less...

I was thinking about 170 XZC, not 1,000 : 1000 XZC is too much and too expansive (4,5 btc).
1,000 is the number of the nodes.

Id be happy with 500 or 250 XZC per MN at current price.

[jeremy grol]

I started a massive fud times ago as i usually do on several coins. i was wrong, zcoin still rocks, but all sad stories about gary and hack remain

[tomsmith26]

I started a massive fud times ago as i usually do on several coins. i was wrong, zcoin still rocks, but all sad stories about gary and hack remain

That was a certainly bad story but it is the past . Now this project still continues to be developed with higher and more professional level and I believe zcoin will be worth investing in this year after MTP released at the end of March or early April, 2017. it will attract more big investors to Zcoin project.

[zcoinofficial]

Hi all! We're kicking off our marketing!

As a first step we're doing a retweet campaign!

Join our Slack invite.zcoin.io and head to the #promotion channel for details!

*Effective Now, until the end of March GMT, we will be rewarding free XZC to those who retweet @zcoinofficial posts on Twitter.*

Tweets can be retweeted manually or through IFTTT using this recipe http://ift.tt/2nd0XWR. If retweeted manually, you need to indicate so in the google form mentioned below.

In order to ensure your tweets are counted and the appropriate XZC address is rewarded, please private message your Twitter account name & XZC address to Silver so it can be added to this google sheet.

We will verify your twitter following to calculate your reward.  *Your Reward % = Your Verified Followers / Total Verified Followers. 100 XZC will be given to participants in total. Rewards less than transaction fees will not be sent*

Thank you for your support! Let's build the biggest Zcoin retweet engine and help expand the reach of Zcoin!

How to use the IFTTT Recipe?
1.)    Simply click the bitly link
2.)    Click “ON” at which point it will ask you to sign up (free) and connect your twitter account
3.)    You will need to enter zcoinofficial as the account to watch
4.)    Click save and Zcoin tweets will auto retweet !

[ZenFr]

Hi all! We're kicking off our marketing!

As a first step we're doing a retweet campaign!

Join our Slack invite.zcoin.io and head to the #promotion channel for details!

*Effective Now, until the end of March GMT, we will be rewarding free XZC to those who retweet @zcoinofficial posts on Twitter.*

Tweets can be retweeted manually or through IFTTT using this recipe http://ift.tt/2nd0XWR. If retweeted manually, you need to indicate so in the google form mentioned below.

In order to ensure your tweets are counted and the appropriate XZC address is rewarded, please private message your Twitter account name & XZC address to Silver so it can be added to this google sheet.

We will verify your twitter following to calculate your reward.  *Your Reward % = Your Verified Followers / Total Verified Followers. 100 XZC will be given to participants in total. Rewards less than transaction fees will not be sent*

Thank you for your support! Let's build the biggest Zcoin retweet engine and help expand the reach of Zcoin!

How to use the IFTTT Recipe?
1.)    Simply click the bitly link
2.)    Click “ON” at which point it will ask you to sign up (free) and connect your twitter account
3.)    You will need to enter zcoinofficial as the account to watch
4.)    Click save and Zcoin tweets will auto retweet !

Who is Silver ?
Is this one  : https://bitcointalk.org/index.php?action=profile;u=660 ?

If yes, PM sent :-).

If not, my accounts :
 My tweeter account name : https://twitter.com/zempathie
 My XZC address : aEy58yTwbycgKL5gvM7MhijQfmp8J4mN7M

Thanks for the XZC :-)

[ocminer]

My wallet crashed and is currently resyncing, it might take some time though

[ZenFr]

My wallet crashed and is currently resyncing, it might take some time though

Is that the explanation why your pool is down ?
0 shares since one or two hours...

[ocminer]

My wallet crashed and is currently resyncing, it might take some time though

Is that the explanation why your pool is down ?
0 shares since one or two hours...

Yep, fixed now !

[Goruno]

Hi all! We're kicking off our marketing!

As a first step we're doing a retweet campaign!

Join our Slack invite.zcoin.io and head to the #promotion channel for details!

*Effective Now, until the end of March GMT, we will be rewarding free XZC to those who retweet @zcoinofficial posts on Twitter.*

Tweets can be retweeted manually or through IFTTT using this recipe http://ift.tt/2nd0XWR. If retweeted manually, you need to indicate so in the google form mentioned below.

In order to ensure your tweets are counted and the appropriate XZC address is rewarded, please private message your Twitter account name & XZC address to Silver so it can be added to this google sheet.

We will verify your twitter following to calculate your reward.  *Your Reward % = Your Verified Followers / Total Verified Followers. 100 XZC will be given to participants in total. Rewards less than transaction fees will not be sent*

Thank you for your support! Let's build the biggest Zcoin retweet engine and help expand the reach of Zcoin!

How to use the IFTTT Recipe?
1.)    Simply click the bitly link
2.)    Click “ON” at which point it will ask you to sign up (free) and connect your twitter account
3.)    You will need to enter zcoinofficial as the account to watch
4.)    Click save and Zcoin tweets will auto retweet !

Thank you for your notice . I have joined this reward and it's easy to take part in , The reward is not too much but it will help the zcoin to be known by our twitters and from that action many people in the world will know what the zcoin is. it's a right action to promote our zcoin.

[pokeytex]

Hi all! We're kicking off our marketing!

As a first step we're doing a retweet campaign!

Join our Slack invite.zcoin.io and head to the #promotion channel for details!

*Effective Now, until the end of March GMT, we will be rewarding free XZC to those who retweet @zcoinofficial posts on Twitter.*

Tweets can be retweeted manually or through IFTTT using this recipe http://ift.tt/2nd0XWR. If retweeted manually, you need to indicate so in the google form mentioned below.

In order to ensure your tweets are counted and the appropriate XZC address is rewarded, please private message your Twitter account name & XZC address to Silver so it can be added to this google sheet.

We will verify your twitter following to calculate your reward.  *Your Reward % = Your Verified Followers / Total Verified Followers. 100 XZC will be given to participants in total. Rewards less than transaction fees will not be sent*

Thank you for your support! Let's build the biggest Zcoin retweet engine and help expand the reach of Zcoin!

How to use the IFTTT Recipe?
1.)    Simply click the bitly link
2.)    Click “ON” at which point it will ask you to sign up (free) and connect your twitter account
3.)    You will need to enter zcoinofficial as the account to watch
4.)    Click save and Zcoin tweets will auto retweet !

Ok - auto retweet set and pm with zcoin address sent - thank you!