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Author Topic: [ANN] Firo (FIRO) - Implementing ZKP privacy without trusted setup  (Read 662389 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.)
tittensor
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May 05, 2017, 02:56:04 PM
 #4021

We have saw big dumps price over the past week, but now is a good time for buying and keep XZC to wait better prices?  I think the price XZC dump more because the price BTC up very fast. In USD, the price XZC sideway 6-7$ and not down more. I hope the price XZC can up in next fews months.
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May 06, 2017, 08:03:48 AM
Last edit: May 06, 2017, 08:14:16 AM by AND01
 #4022

Please find our updated roadmap for the next 3 years.

https://github.com/zcoinofficial/zcoin/wiki/Roadmap
unlimited scalability this is very good solution:low transaction rate throughput and the burden of hosting large blockchain files on any single p2p node
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May 06, 2017, 09:38:39 PM
 #4023

Hi, there is no logic in the crypto world !
how can a clone of Zcash without any innovation (Zclassic now is traded for 9.60$ each ZCL) outperform Zcoin which is an original implementation ?

Can someone give an explanation ?!
drawingthesun
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May 07, 2017, 03:57:06 AM
 #4024

Hi, there is no logic in the crypto world !
how can a clone of Zcash without any innovation (Zclassic now is traded for 9.60$ each ZCL) outperform Zcoin which is an original implementation ?

Can someone give an explanation ?!

My opinion.

Zclassic is a pump, seriously. The entire reason that Zclassic exists is because they don't like giving developers money. And now they are making zencoin or whatever so that they can put the tax back.

So just ignore Zclassic, it's basically another Litecoin.

It might make a billion dollars on the back of no fundamentals, but that's because of the bubble we are in.

What you should be asking is why is zerocoin not worth as much as zcash?

I am researching this to decide if I should up my zerocoin investment.

My issues so far:

1. The zerocoin project has a very limited team.

I can one relevant professional with a Masters on their webpage. Sure you don't need qualifications, but not everyone is a Vitalik, so the qualifications helps.

I see no cryptographers or scientists on their team and I think that isn't a good sign. I can see liaisons and front end dev. The founder is the only one with serious clout. (Poramin Insom)

With the 20% tax I'd hope to see that powering a world class team like what Zcash have on board. (https://z.cash/team.html)

2. The bug.

This still makes up a massive amount of the coin supply and will suppress prices for a long time. It's free money for the attacker forever.

The problem here is that the code had the bug and it is apparent why, the team has one guy that knows enough to check over the whole lot.

At least with your competitor zcash they have a huge amount of people responsible for verifying the conditions.

3. The tax.

I think considering that the zerocoin team is not on the same level as the zcash team it would have made more sense to make the tax less (unless they are going to utilize more professionals.)

Just my opinion.


junaidfiaz
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May 07, 2017, 06:09:40 AM
Last edit: May 07, 2017, 07:35:26 AM by junaidfiaz
 #4025

I have successfuly sync my old wallet which took me many days.but in the end i found few hours solution that was thought to be not feasible. To sync old wallet do following steps.

1-Backup your old wallet.
2-Delete all files from appdata/romming/zcoin .Entire folder (do take backup of your old wallet)
3-New start zcoin with new fresh wallet.
4-close the wallet as soon as it creates new wallet data in  appdata/romming/zcoin.
5- Download Block chain from : http://znode.io/ Extract two files of "blocks" and "chainstate" and replace them with folders of  "blocks" and "chainstate"(The wallet you just created) in appdata/romming/zcoin .
6-Now restart wallet.it will take some time to sync.it took me 8-10 hours to sync.
7-New as soon as new wallet opens.Backup the New wallet "wallet.dat" and copy receiving zcoin address to send coins from your old wallet to this very new one.
8-Now close wallet and copy old zcoin "wallet.dat" file and replace it with new one (or just simply delete new after taking backup and paste old).
9-Now restart wallet.It will rescan and will take few minutes or just one hr aprox to sync.
10-Now when wallet opens with your old wallet coin.simply send them to new wallet .
11-Get rid of old wallet .as it may create problems in future for you.


Don't forget to say thanks if it works.
Note :(Always backup & encrypt your wallet with password)
Zemangat
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May 07, 2017, 06:16:48 AM
 #4026

How can zk proofs make other coins obsolete when xmr has no weak points anymore, it's perfect anonymity (who, when, where, how much, using what), without a trusted set up, without lack of a way to check if a trusted setup was broken or another exploit was found. It looks like zero knowledge proofs are just a longer way to do the same thing. And optional anonymity plus knowledge about money sums sent in zerocoin are behind xmr at the moment, unless they change it.
spirea
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May 07, 2017, 10:10:52 AM
 #4027

Hi, there is no logic in the crypto world !
how can a clone of Zcash without any innovation (Zclassic now is traded for 9.60$ each ZCL) outperform Zcoin which is an original implementation ?

Can someone give an explanation ?!

My opinion.

Zclassic is a pump, seriously. The entire reason that Zclassic exists is because they don't like giving developers money. And now they are making zencoin or whatever so that they can put the tax back.

So just ignore Zclassic, it's basically another Litecoin.

It might make a billion dollars on the back of no fundamentals, but that's because of the bubble we are in.

What you should be asking is why is zerocoin not worth as much as zcash?

I am researching this to decide if I should up my zerocoin investment.

My issues so far:

1. The zerocoin project has a very limited team.

I can one relevant professional with a Masters on their webpage. Sure you don't need qualifications, but not everyone is a Vitalik, so the qualifications helps.

I see no cryptographers or scientists on their team and I think that isn't a good sign. I can see liaisons and front end dev. The founder is the only one with serious clout. (Poramin Insom)

With the 20% tax I'd hope to see that powering a world class team like what Zcash have on board. (https://z.cash/team.html)

2. The bug.

This still makes up a massive amount of the coin supply and will suppress prices for a long time. It's free money for the attacker forever.

The problem here is that the code had the bug and it is apparent why, the team has one guy that knows enough to check over the whole lot.

At least with your competitor zcash they have a huge amount of people responsible for verifying the conditions.

3. The tax.

I think considering that the zerocoin team is not on the same level as the zcash team it would have made more sense to make the tax less (unless they are going to utilize more professionals.)

Just my opinion.



What an enormous team ! we can say Zcash is a university Coin :-)
But i think that Zcoin is better even with a small Team, Poramin alone can be better than 200 university Theorist.
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May 08, 2017, 02:18:37 AM
 #4028

i hold alot of XZC and im waiting for the big moon time.
is there any news coming or so? imo this is better than ZEC

yolo
junaidfiaz
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May 08, 2017, 07:18:21 AM
 #4029

i hold alot of XZC and im waiting for the big moon time.
is there any news coming or so? imo this is better than ZEC

i am also waiting for price to up twords $50 to $80 .
zcoinofficial (OP)
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May 08, 2017, 08:46:15 AM
 #4030

What am I doing wrong here? My wallet is taking a very long time to sync, seems stuck around block 3175.

You can also try downloading the blockchain at znode.io and reduces the chances of getting stuck.

i hold alot of XZC and im waiting for the big moon time.
is there any news coming or so? imo this is better than ZEC

We are rushing to finish MTP. Should have a public version pretty soon. Our dev Aizensou has just flown to Thailand to meet up with Poramin too as well. Poramin has also done some fixes to make syncing better and are in the process of testing it right now.

Quote
2. The bug.

As for the bug, note that the price still climbed UNTIL we discovered the bug and announced it. Our talks with Bittrex told us that they were all sold on the market, the effect on the price is already all locked in. It tanked for a short while but has since recovered and consolidated well above that level.

Quote
I can one relevant professional with a Masters on their webpage. Sure you don't need qualifications, but not everyone is a Vitalik, so the qualifications helps.

I see no cryptographers or scientists on their team and I think that isn't a good sign. I can see liaisons and front end dev. The founder is the only one with serious clout. (Poramin Insom)

Aizensou is a pretty good dev as well with a PhD in machine learning and experience with working in other crypto projects such as Steemit. And as you know Poramin Insom also has a masters from John Hopkins. We're in discussion with a couple of cryptographers and additional devs who are keen to work with us and are discussing details and their schedule before announcing anything.
I have successfuly sync my old wallet which took me many days.but in the end i found few hours solution that was thought to be not feasible. To sync old wallet do following steps.

1-Backup your old wallet.
2-Delete all files from appdata/romming/zcoin .Entire folder (do take backup of your old wallet)
3-New start zcoin with new fresh wallet.
4-close the wallet as soon as it creates new wallet data in  appdata/romming/zcoin.
5- Download Block chain from : http://znode.io/ Extract two files of "blocks" and "chainstate" and replace them with folders of  "blocks" and "chainstate"(The wallet you just created) in appdata/romming/zcoin .
6-Now restart wallet.it will take some time to sync.it took me 8-10 hours to sync.
7-New as soon as new wallet opens.Backup the New wallet "wallet.dat" and copy receiving zcoin address to send coins from your old wallet to this very new one.
8-Now close wallet and copy old zcoin "wallet.dat" file and replace it with new one (or just simply delete new after taking backup and paste old).
9-Now restart wallet.It will rescan and will take few minutes or just one hr aprox to sync.
10-Now when wallet opens with your old wallet coin.simply send them to new wallet .
11-Get rid of old wallet .as it may create problems in future for you.


Don't forget to say thanks if it works.
Note :(Always backup & encrypt your wallet with password)


Thanks and good to hear you got it working!



Firo: Implementing Lelantustechnology for financial privacy
firo.org
BCT | Telegram | Twitter | Reddit
Goruno
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May 08, 2017, 04:56:45 PM
 #4031

i hold alot of XZC and im waiting for the big moon time.
is there any news coming or so? imo this is better than ZEC

Yes, You will get a big profit after MTP released .
This is a good chance to own more cheap zcoins before it can reach 0.01btc in next days.
Jazek
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May 08, 2017, 08:49:26 PM
 #4032

i hold alot of XZC and im waiting for the big moon time.
is there any news coming or so? imo this is better than ZEC

Yes, You will get a big profit after MTP released .
This is a good chance to own more cheap zcoins before it can reach 0.01btc in next days.

omg i hope zcoin reaches 0.01btc soon!
icelove
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May 09, 2017, 02:26:14 AM
 #4033

i hold alot of XZC and im waiting for the big moon time.
is there any news coming or so? imo this is better than ZEC

Yes, You will get a big profit after MTP released .
This is a good chance to own more cheap zcoins before it can reach 0.01btc in next days.

when the MTP released? any update?
busara
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May 09, 2017, 08:17:30 AM
 #4034

I happen on 20% of my rigs since last week.
Can you check it @ocminer ?

@ocminer

I have the same problem, sometime (like now) suprnova pool is offline for my workers...
problems are part of it and one should must be concentrate only over his work nothing else.
ocminer
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May 09, 2017, 08:26:41 AM
 #4035

I happen on 20% of my rigs since last week.
Can you check it @ocminer ?

@ocminer

I have the same problem, sometime (like now) suprnova pool is offline for my workers...
problems are part of it and one should must be concentrate only over his work nothing else.

Hmm I couldn't find anything problem related in the logs, how long was the pool down for you ? Is it okay currently ?

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
talikila
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May 09, 2017, 04:08:54 PM
 #4036

Zcoin is being deeply down and who is selling this coin?
Is there any problem such as hacking, bugs, MTP algo paused? it has been down nearly 50% price.
so tell me what happened with this zcoin? Huh
Coin++
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May 09, 2017, 04:13:07 PM
 #4037

Zcoin is being deeply down and who is selling this coin?
Is there any problem such as hacking, bugs, MTP algo paused? it has been down nearly 50% price.
so tell me what happened with this zcoin? Huh
You have to ask to the dev team.

We are waiting for MTP : perhaps the market is impatient.

A good news like the Poloniex exchange for XZC should be good now.

My favorite faucets to earn real free bitcoins/satoshis : Moon BitCoin and Bit Fun.
You want some free AltCoins ? It's here : BCH (Bitcoin Cash) Moon BitCoinCash - DASH (Dash) Moon Dash - DOGE (DogeCoin) Moon DogeCoin - LTC (LiteCoin) Moon LiteCoin.
You want some free LBC (Lbry Credits) ? My LBC invite : Lbry.tv - LBC (Lbry Credits).
AND01
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May 10, 2017, 04:58:46 AM
 #4038

How much is the mining cost now, the price is high or low?
ERossin
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May 10, 2017, 05:29:37 AM
 #4039

Zcoin is being deeply down and who is selling this coin?
Is there any problem such as hacking, bugs, MTP algo paused? it has been down nearly 50% price.
so tell me what happened with this zcoin? Huh

Don't ask these questions . MTP is being tested and it will be released for public testing soon.
There will be many good things coming in this month or early June. Just have a patience, guy.


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May 10, 2017, 11:35:29 AM
 #4040

Zcoin is being deeply down and who is selling this coin?
Is there any problem such as hacking, bugs, MTP algo paused? it has been down nearly 50% price.
so tell me what happened with this zcoin? Huh

Today . Zcoin is quite cheap to buy it . it's around 0.003xxxbtc and I can not wait for it anymore the bought 100 zcoins to test my luck.
I do not know why they sold this coin with this price.? it's not a smart decision at this time.

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