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

[GreenPanda]

Close to +50% difficulty jump overnight... what the hell?

[Gash]

WTF happened with the price today ??!? (04.04.2018)

a pump by mistake https://twitter.com/CryptoTamer/status/981567351131987970

That exchnages volume is as sucky as is the platform itself. They bought script from random street ponce, put up the server with one single nameserver and mistook zcash for xzc, oh yeah who could give less of a fuck, maybe someone tried to arb inflated prices and drew the price higher. Look at bitcoins fail to sustain the support line, now all coins except select few are headed toward zero.

[Coin++]

Close to +50% difficulty jump overnight... what the hell?

Some one is hopping the big pump and is renting a lot of hashing power to mine the maximum of XZC : probably the MTP annouce soon :-).

[WhoCaresCoins]

What happen to the wallet? I have to reindex every times when open QT wallet..

[kchulani]

everyone coin has been going through a roller coaster ride, But I believe Zcoin will be a great coin to be situated in once the market recovers, lets see what the future holds. But I love their team and I am hoping they can do some magic this year with their coin. My wallet is giving me some issues now, but I have had the same issues before, I reinstalled my whole wallet again and everything worked fine

[BitSoftGeek]

Update April 5th Updated version release: zFastminer-V2.2.6

• Increased reported speed on pool
• Added Volta SM_70 support
• Miner Fee set to 2%
• Minor bug fixes
• Quiet mode set to ON by default for cleaner stats, use '-q' if you want to disable it

Download zFastminer-V2.2.6 link:
[/list]

Code:

https://files.fm/f/wwk3t8jg

Happy mining from our zFastminer team


For the official  announcement thread:
https://bitcointalk.org/index.php?topic=3259259.msg33955276

[St.Neman]

zFastminer 226

3 x 1080 ti

https://i.imgur.com/qxPJBTh.png

[morecoin14]

What happen to the wallet? I have to reindex every times when open QT wallet..

Not only on the wallet, but the same issue on my znode. Either reindex required or stuck in some block on both wallet and znode. I beleive there is some issue on the blockchain or in the code of version 0.13.5.7. The dev team of zcoin should do some troubleshooting. Everyone can try removing 'chainstate' folder and 'blocks' folder and re-download the blocks from the network, see what will happen, should be able to reproduce the same issue menetioned here. I have to stop the running of my znode currently.

[nguyentung]

This digital currency will help a lot in security. Thank you publisher

[what is happening]

This coin is the stuff which dreams are made off

[Bannedseller]

Can somebody explain how this coin compare to Zclassic, Bitcoin Private (Fork from Zclassic) and Zcash?
Are all these project were forked from Zcash? what did they add in values then compared to Zcash

[cyberspacemonkey]

Can somebody explain how this coin compare to Zclassic, Bitcoin Private (Fork from Zclassic) and Zcash?
Are all these project were forked from Zcash? what did they add in values then compared to Zcash

Main similarity between Zcoin and Zcash is the Zerocoin protocol, all the other ones are just Zcash forks. Some of the differences between Zcoin and Zcash is that Zcoin uses merkle tree and lyra2z as algo and Zcoin does not, there are many other differences in specs that you could research on your own.

[RbiggerG]

We are aware of about 20-30% hashrate on some unaccounted pools. We knew this because when we were trying to notify our pools to hard fork, we couldn't find these guys.

Btw, we are aware of some of the concerns of miners that our hashrate is being dominated by botnets. Ocminer from Suprnova mentioned that previously there were some schools etc who complained to him and he identified them from many small hashrates. He does have a point.

I spoke to miningpoolhub on this and he mentioned that this could be CPU miners as well and he brought up that on other coins, there are single entities with much bigger hashing power as well.

So, both sides have valid points.

Regardless of this, MTP is now an absolute priority and coding is well underway. We will post updates as soon as they are available and a more accurate timeframe can be estimated but tentatively should be by the end of Q2 2018 and hence we won't be doing a another transition algorithm since it's not that far off.

We previously had some concerns of pool software as none of our coders are experienced pool coders but we believe that even if we have to launch with solo mining to start with and then organizing a bounty for an open sourced nomp or yiimp pool for MTP, this would be acceptable. A period of solo mining isn't bad and is true decentralization.

As I don't understand too much from the tech perspective, will MTP solve the botnet mining issue once and for all or are there also problems that might come up some time in the future?

As I understood MTP requires large amount of RAM ~10 Gb. Miner activity will affect behavior of average computer much more and thus will reveal itself. As expected botnet performance will be reduced.

So every mining rig would need 12 GB or so of RAM to be able to continue mining ZCoin? That's a hefty additional expense, particularly with DDR4 systems.

That means it does not only successfully prevent botnets from mining, but also negatively impacts all the average miners who have good intentions?

It may be. But miners have intention to do job for network unlike botnet computers which are just victims and tool in hands of botnet master.

Not so much.

"Reuben Yap 7 months ago

It depends on the parameters. The design goal is actually to allow MTP to go up to 10 gb of RAM while remaining lightweight to verify though the reference implementation is 2 gb."

Zcoin MTP video, only 2minutes 49 seconds to understand it.

https://youtu.be/DAJirQaBIzY

That seems to be an interesting solution, but I keep thinking of this always as a cat and mouse game. Like no solution is forever when it coms to technology. I can be totally mistaken because I am not a programmer, but maybe one day those who produce Asics find a way to counter this again? Could that happen?

They call them ASIC resistance algorithms. So they resist but are not ASIC proof.  Because of the memory usage, it increases the cost to produce a machine hopefully making it less profitable for them to make it for this coin/algorithm.  It should do a good job of identifying bots and help reduce those since the memory usage will hopefully alert the user that their computer is infected.

Other than that the mining difficulty is about to crack 29k, ouch.

Another piece of interesting information for me, thank you! I was of the opinion that ASIC resistance in fact means there is usually no way for ASICS to participate. I like this thread

[zclassicDevPirate]

I am thinking of implementing znodes to Zclassic. Then your coin will be worth much less!

You are not trustworthy coin because founders charge fee from block reward.

 

[Angel Di]

I look at you quite briskly here and the project has continuous progress. The community actively discusses a subject. It very much pleases. Perhaps it is worth looking narrowly at a coin further to buy coins. Tell in your opinion when it is better to make it?

[deagle-pro]

Hey guys i want to go now for a cheap ZCOIN Masternode....

is there no safe way to store the coins? only in the QT wallet which is easier to hack then a hardware wallet.

thanks

[kchulani]

I only know about the hardware wallet, but if you want to know any other way asking the devs would be your best option. Maybe someone elses knows though. But I love this project and it has a great future the privacy on this coin is in my view far superior than many other privacy coins.

[deagle-pro]

you can store them in a hardware wallet while running a masternode?

that would be awesome!

which hardware wallet?

thanks

[SatyrA]

you can store them in a hardware wallet while running a masternode?

that would be awesome!

which hardware wallet?

thanks

Yes, it is possible. They are going to implement ZCoin support for Trezor.

[crazyivan]

Does Zcoin allows people to stake in their wallets or masternode is the only option?

If yes, what is the expected PoS stake rate?