Xember
Member

Offline
Activity: 110
Merit: 100
|
 |
April 05, 2017, 02:46:53 PM |
|
ZCash has a unique mining process based on the implementation of Genesis keys or "master private key", which is the responsibility of a small group of six individuals, only they have access. This is a crucial and necessary key for the anonymity mixer on the ZCash network to operate properly. If this key is leaked out of this small group however, the owner of this key will be able to produce an unlimited amount of ZCash, I hope these keys are pretty safe.
If all of them are killed at similar time, will ZCash still be usable?
|
|
|
|
Beparanf
|
 |
April 18, 2017, 06:36:11 AM |
|
Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.
If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins.
|
|
|
|
Dadiansun
Newbie
Offline
Activity: 27
Merit: 0
|
 |
April 22, 2017, 07:18:27 AM |
|
Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.
If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins. That could be the reason the price is high.
|
|
|
|
shamzblueworld
|
 |
April 22, 2017, 02:02:55 PM |
|
I expected a big pump after the news about Apple accepting ZCash as legitimate crypto broke, but it did not actually affect that much. Why do you guys think that is? Is it because ZCash was already as usable that it didn't matter another company accepting it?
|
|
|
|
VanDeinsberg12
|
 |
April 22, 2017, 02:49:12 PM |
|
Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.
If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins. ZEC is an alternative coin to save the bitcoin trader's money. What is the meaning of use cheaper coin to buy things? Can you give more specifi idea about that?
|
.......[url]CHOOSE LIFE ♦ CHOOSE SPACE ♦ CHOOSE FRIENDS...........[URL].....► C O M I N G S O O N..... |
|
|
|
ebliever
Legendary
Offline
Activity: 1708
Merit: 1040
|
 |
April 23, 2017, 03:20:22 AM |
|
ZCash has a unique mining process based on the implementation of Genesis keys or "master private key", which is the responsibility of a small group of six individuals, only they have access. This is a crucial and necessary key for the anonymity mixer on the ZCash network to operate properly. If this key is leaked out of this small group however, the owner of this key will be able to produce an unlimited amount of ZCash, I hope these keys are pretty safe.
That is quite worrying. Is there a way to prevent the leak? My understanding was that the keys were only needed to initiate the process and were then supposed to have been destroyed. They were created by six different people, including Peter Todd, a BTC dev who had a skeptical attitude towards Zcash (but was willing to participate when asked by the Zcash team, as it helps to have such an outsider as one of the six.) There's no way to utterly disprove the idea that someone pulled some stunt with the keys at some point at the point of launch, but the publicized process for creating the keys and deploying them sounded pretty robust and appropriately paranoid. If anyone has more concrete info I appreciate correction, I'm just going by what I recall from 5-6 months ago.
|
Luke 12:15-21
Ephesians 2:8-9
|
|
|
Esdanit
Newbie
Offline
Activity: 52
Merit: 0
|
 |
April 23, 2017, 07:38:39 AM |
|
Lol you are thoses kind of people who are simply creating hype the price is currently at 74$ which is 30$ more than the sale price. I hope the investors realise that it won't grow more and anyways 30$ profit isn't bad as it is almost double the investment.
If the bitcoin's transaction is too high, ordinary persons will use cheaper coins to buy things. ZEC is one of those coins. ZEC is an alternative coin to save the bitcoin trader's money. What is the meaning of use cheaper coin to buy things? Can you give more specifi idea about that? The transaction fee is also very low.
|
|
|
|
rcmiranda01
Member

Offline
Activity: 196
Merit: 10
www.definitelycoolstuffs.com
|
 |
April 24, 2017, 01:32:59 AM |
|
Any news about zec?
When will we see a 75usd again?
|
Stay positive. Good things will happen.
|
|
|
|
TheGodFather
|
 |
April 24, 2017, 04:15:26 PM |
|
as i say few days ago..its come closer and closer...no more panic buy...
as time passes by, more people are spending their bitcoin somtimes in zcash site, because they are believing that zcash will live so much longer. I believe it too that zcash will be one of the most powerfull coin in the market,it also has a very good value too when we convert it in bitcoins. just be cool , money will follow us, not now but eventually.
|
|
|
|
Yussian
Newbie
Offline
Activity: 32
Merit: 0
|
 |
April 24, 2017, 05:13:40 PM |
|
as i say few days ago..its come closer and closer...no more panic buy...
as time passes by, more people are spending their bitcoin somtimes in zcash site, because they are believing that zcash will live so much longer. I believe it too that zcash will be one of the most powerfull coin in the market,it also has a very good value too when we convert it in bitcoins. just be cool , money will follow us, not now but eventually. I have converted some of the bitcoins into zcash.
|
|
|
|
gollygosh
|
 |
April 25, 2017, 02:00:17 AM |
|
Zcash is an interesting coin no doubt, but it does have issues.
|
|
|
|
adroitful_one
Legendary
Offline
Activity: 1582
Merit: 1041
bc1qn9kcpklq6eh4hqxsvlewxm4llvvaem2gm593d0
|
 |
April 25, 2017, 02:30:09 AM |
|
as i say few days ago..its come closer and closer...no more panic buy...
Soon $2 Just give it a couple of months.... ah,thats not possible...mining cost too much...and project is good,but hype was too big Lol. $2 isn't possible? I wonder if he's gone back and read what he posted.. Just look at the price. It's more than 20x his "Impossible" $2 prediction.. It's currently sitting at .054 or $70. I really wish this guy would come back and just read what he posted 
|
|
|
|
sayyedraza
|
 |
April 25, 2017, 07:13:30 AM Last edit: April 28, 2017, 06:03:23 AM by sayyedraza |
|
i talk today with some guys..as its look zcash is under botnet attack..so price will soon hit 100$ or even les and real miners will gone and go back to eth..  if its all true,but its look its it,then soon zcash will hit 20$! ZCL will be mooning soon instead of Zcash , because ZCL will be soon ZEN So be prepared your self for ZEN and buy seats for great ride  Thanks Regards #minexcoin.com
|
|
|
|
Dagmon
Newbie
Offline
Activity: 58
Merit: 0
|
 |
April 28, 2017, 07:09:59 PM |
|
Zcash is an interesting coin no doubt, but it does have issues.
What are the specific issues?
|
|
|
|
subodhmore123aqs
Member

Offline
Activity: 76
Merit: 10
|
 |
April 28, 2017, 07:30:31 PM |
|
Isnt zcash overvalued coin or i am wrong here 
|
|
|
|
samasas
Newbie
Offline
Activity: 55
Merit: 0
|
 |
April 30, 2017, 05:56:15 PM |
|
Isnt zcash overvalued coin or i am wrong here  If the price keeps on rising, then it is not overvalued.
|
|
|
|
HydroPanic
Newbie
Offline
Activity: 46
Merit: 0
|
 |
April 30, 2017, 06:49:13 PM |
|
For how long do you think it will stay 100$ with DASH? BTW didnt see any "pump-news" about Zcash or smb hyping it a lot. Dont you think ZEC>monero+dash at close future?
|
|
|
|
TheGodFather
|
 |
May 01, 2017, 01:29:04 AM |
|
as i say few days ago..its come closer and closer...no more panic buy...
Soon $2 Just give it a couple of months.... Wow it looks great , i hope that it will be next to bitcoins and long live as time passes by I have interest on it too. I hope that it will increase its value and many people get interested on it. I hope that I can invest to it too. Hoping that I have a right amount of coins so that I will be one of those earners of zcash now, but for now I will keep an eye on it.
|
|
|
|
kryptqnick
Legendary
Offline
Activity: 3584
Merit: 1410
Join the world-leading crypto sportsbook NOW!
|
 |
May 01, 2017, 07:37:29 AM |
|
Zcash is an interesting coin no doubt, but it does have issues.
What are the specific issues? I am not sure what gollygosh meant but I can name one problem at least. Its name is 'Genius tax'. Miners have to pay the creators of z-cash huge amounts of money which makes mining less profitable. And this tax is huge, it is worth 20%! That is what lead to the development of z-classic but the latter is still weak and it is hard to say whether it will be able to survive.
|
| | . .Sportsbet.io...F U N │ F A S T │ F A I R.. | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | | ▄███▀ ▄████▀ ▄███▀ ▄████▀ ▄███▀ ▄████▀ ▄███▀ ▄████▀ ▀███▀▀▄████▀ ▀ ▄████▀ █████▄▄▄▄▄▄ ▀█████▀▀ ▀▀▀ █ ██ █ █ ▄▀▀▄ ██ █ ▐▌▐▌ █ █ █ ▄▄ ▐▌▐▌ ▀▄▄ █▀▀█ ▀▄▄ █ ▀▄▄▀ █▀▀█ | | ▄▄▄ ██████ ████████ ██████████ ████████████ ██▀██▀▀▀▀▀▀▀▀▀ █░░▀░░░▄▄█░░░░ ░░░░░░░░░░░▀█▌ ▐██ █░░▄░░▄█▀▀▀░░█░░▐███ ██▄▄█▄▄█▄▄▄▄▄██▄▄█████ ████████████████████████ ████████████████████████ ▀▀██████████████████▀▀ | | | Official Partner of LA LIGA WORLD SNOOKER TOUR | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
|
|
|
|