[ANN][ZEN] ZENCASH: Permanent, Distributed, and Fully Anonymous cryptocurrency

[Dimelord]

The market cap of Zencash is around 2,628 BTC and today its volume is 44.37 BTC.Even though,all altcoins suffer in price due to instability in bitcoin market,still zencash is performing well and its price would increase more in the long run.

[1714121592]

1714121592

[boestin]

What is the benefit of mining?

I mined 21 ZEN in a couple of weeks with only 1 Card (GTX 1070 @ 450s/sec)..  For a small time miner like me it was very profitable

[z0n0]

Does ZEN have masternodes system?
If not yet, maybe in future?

[Script3d]

Does ZEN have masternodes system?
If not yet, maybe in future?

I would love to see Zen have mastered node if there will be on future, hopefully it doesn't cost a lot and gives like 45% or 50% of block reward like most of the other masternode out there its common for 45% block rewards 50% would be nice , hopefully they will make masternode in the future

[ZenFr]

For your information : ZenCash is not my coin.

[ACCadcoin]

Zencash is very promosing, just bought some.

[Zencash]

Adding new mining pools to the list. Does anyone use any pools that are not on the OP?

[dbc23]

Does ZEN have masternodes system?
If not yet, maybe in future?

There's a clear plan for a secure node system, the plan as I understood, was going to require 42 ZEN for running a secure node.  It's not a true master node system as traditionally imagined, but rather an add-on security measure to the traditional PoW mining security for the network.  When I last read up on it, the feature wasn't yet implemented but was an early step on their roadmap.

[Regulater]

Been mining zencash for a couple days now, and when you mine you really see how unreliable this coin already is. The main wallets, and terrible and freeze. Why would people want to come to a coin with little support and doesnt have a good working wallet. I have lost over 10+ coins in the last few days trying to mine and use Eleos wallet. First it wouldnt sync, then now it just stays at Activating best chain. just cut me out of trying to hold Zen coins for a while and mine Zen. Plus the price just wont recover or stay somewhat viable.

[GaleRecoN]

Been mining zencash for a couple days now, and when you mine you really see how unreliable this coin already is. The main wallets, and terrible and freeze. Why would people want to come to a coin with little support and doesnt have a good working wallet. I have lost over 10+ coins in the last few days trying to mine and use Eleos wallet. First it wouldnt sync, then now it just stays at Activating best chain. just cut me out of trying to hold Zen coins for a while and mine Zen. Plus the price just wont recover or stay somewhat viable.

I don't know if you've noticed, but not a single cryptocurrency right now is stable and/or in a recovery stage. Don't expect ZEN to do otherwise with the fiasco going on...And considering ZEN was released fairly recently, don't expect it to be working in a tip top shape with absolutely no bugs.

It takes time and patience to build a viable product.

[flix]

Been mining zencash for a couple days now, and when you mine you really see how unreliable this coin already is. The main wallets, and terrible and freeze. Why would people want to come to a coin with little support and doesnt have a good working wallet. I have lost over 10+ coins in the last few days trying to mine and use Eleos wallet. First it wouldnt sync, then now it just stays at Activating best chain. just cut me out of trying to hold Zen coins for a while and mine Zen. Plus the price just wont recover or stay somewhat viable.

It sucks to hear that you've had so many issues with the Eleos wallet. I've been using the experimental Zencash swing wallet for the past few days and I haven't had any issues.

Here's a link to it: https://github.com/vaklinov/zencash-swing-wallet-ui/blob/master/docs/Release_0.70.3.md

[eXpl0sive]

Been mining zencash for a couple days now, and when you mine you really see how unreliable this coin already is. The main wallets, and terrible and freeze. Why would people want to come to a coin with little support and doesnt have a good working wallet. I have lost over 10+ coins in the last few days trying to mine and use Eleos wallet. First it wouldnt sync, then now it just stays at Activating best chain. just cut me out of trying to hold Zen coins for a while and mine Zen. Plus the price just wont recover or stay somewhat viable.

I don't know if you've noticed, but not a single cryptocurrency right now is stable and/or in a recovery stage. Don't expect ZEN to do otherwise with the fiasco going on...And considering ZEN was released fairly recently, don't expect it to be working in a tip top shape with absolutely no bugs.

It takes time and patience to build a viable product.

Did you try the new wallet released few days ago?

https://bitcointalk.org/index.php?topic=1819977.msg20020905#msg20020905

[rentahash]

I am mining and buying only ZEN at the moment.

Why?

1. Because I was long time holder of darkcoin/DASH from the early beginning and I am recognizing now the very similar situation with ZEN. (you can see my history on btctalk as well from 2014.)

2. Plans for masternodes (MNs) are much more improved in terms to DASH and only 42 coins would be necessary to run them, so I am advising you to buy/mine at least that amount.

3. Since MNs are going to need more resources then DASH MN and only 3.5% will be profit stream distributed to MNs, I am assuming that price must be much higher of a coin in order to sustain the costs.

Example :
Every month around 200 000 new coins are being mined
3.5% from 200 000 coins are going to be distributed to MNs total around 7000 coins
If they plan to have between 1000 to 5000 MNs as a enough security layer then income for future MNs would looks like:

1000 MNs ..... 7 ZEN per MNs per month
3000 MNs ..... 2.33 ZEN per MNs per month
5000 MNs ..... 1.4 ZEN per MNs per month

If we follow DASH path, I am thinking at least 5000 MNs will be put in place to run!
You can calculate yourself what price of ZEN has to be in order to run MN!

My projection is at least 20 USD ... most likely in the first year 50 USD.

Don't miss this great opportunity!

[buta]

 

Hello,

For the first time i want try to mine.
But i don't understand... i've done all ask here: https://www.youtube.com/watch?v=_6-6J6U_vz4
But it don't work to me ...

INFO 00:44:26: GPU0 Accepted share 87ms [A:17, R:0]
INFO 00:44:35: GPU0 Accepted share 105ms [A:18, R:0]
Temp: GPU0: 65C
GPU0: 276 Sol/s
Total speed: 276 Sol/s
INFO 00:44:56: GPU0 Accepted share 89ms [A:19, R:0]
Temp: GPU0: 66C
GPU0: 273 Sol/s
Total speed: 273 Sol/s
INFO 00:45:08: GPU0 Accepted share 92ms [A:20, R:0]
INFO 00:45:09: GPU0 Accepted share 86ms [A:21, R:0]
INFO 00:45:15: GPU0 Accepted share 114ms [A:22, R:0]
INFO 00:45:24: GPU0 Accepted share 174ms [A:23, R:0]
INFO 00:45:37: GPU0 Accepted share 89ms [A:24, R:0]
Temp: GPU0: 66C
GPU0: 272 Sol/s
Total speed: 272 Sol/s
INFO 00:45:41: GPU0 Accepted share 88ms [A:25, R:0]
INFO: Detected new work: 1707142c
Temp: GPU0: 66C
GPU0: 277 Sol/s
Total speed: 277 Sol/s
INFO 00:46:11: GPU0 Accepted share 88ms [A:26, R:0]
INFO 00:46:29: GPU0 Accepted share 121ms [A:27, R:0]
Temp: GPU0: 66C
GPU0: 276 Sol/s
Total speed: 276 Sol/s
INFO 00:46:47: GPU0 Accepted share 87ms [A:28, R:0]

So it works, but on zen.suprnova.cc i don't get any coin, i see no worker working ("no data avaible in table" to the right on the pool hashrate). And so, obviously, my hasrate is at 0.00SOL/s.
OFC i've created the worker, and set this in suprnova.bat:

miner --server zen.suprnova.cc --user X.X --pass X --port 3618

Any idea about what i've to do to fix the problem, please? Thanks.

miner --server zen.suprnova.cc --user YOURLOGINNAME.WORKERNAME --pass d=128 --port 3618

Try changing the pass to d=128, which would set the rate to something bearable for your speed (or play around if it makes too many or too few shares)

Also note Suprnova has slow worker update, it might take few long minutes to catch up. Also check if the worker is orange (active) in your worker profile page.

It works with that password ! Thank you !

[Bramen]

How can I buy ZEN in Europe? Kraken only sells Zcash, but I don't think it's possible to convert it to ZEN anymore?

[MedaR]

How can I buy ZEN in Europe? Kraken only sells Zcash, but I don't think it's possible to convert it to ZEN anymore?

You can open account on Bittrex, presuming you want to sell your Zcash and buy ZEN?
Just deposit Zcash on Bittex sell it and buy ZEN : https://www.bittrex.com/Market/Index?MarketName=BTC-ZEN
Then you can download wallet https://github.com/vaklinov/zencash-swing-wallet-ui  and place your precious coins there.

[cedzzz]

I am mining and buying only ZEN at the moment.

Why?

1. Because I was long time holder of darkcoin/DASH from the early beginning and I am recognizing now the very similar situation with ZEN. (you can see my history on btctalk as well from 2014.)

2. Plans for masternodes (MNs) are much more improved in terms to DASH and only 42 coins would be necessary to run them, so I am advising you to buy/mine at least that amount.

3. Since MNs are going to need more resources then DASH MN and only 3.5% will be profit stream distributed to MNs, I am assuming that price must be much higher of a coin in order to sustain the costs.

Example :
Every month around 200 000 new coins are being mined
3.5% from 200 000 coins are going to be distributed to MNs total around 7000 coins
If they plan to have between 1000 to 5000 MNs as a enough security layer then income for future MNs would looks like:

1000 MNs ..... 7 ZEN per MNs per month
3000 MNs ..... 2.33 ZEN per MNs per month
5000 MNs ..... 1.4 ZEN per MNs per month

If we follow DASH path, I am thinking at least 5000 MNs will be put in place to run!
You can calculate yourself what price of ZEN has to be in order to run MN!

My projection is at least 20 USD ... most likely in the first year 50 USD.

Don't miss this great opportunity!

I did the same as you. Zen is also at this price since severals days/weeks now and I think price can just go up but no more down, or not a lot...

[JustLooking7]

I hope ZEN prices recovers quickly, been declining for too long !

[supercops]

I hope ZEN prices recovers quickly, been declining for too long !

ZEC was associated to Zcash in which was the route cause of causing trouble to a certain website and making it shut down abruptly.
So this is the main reason why it has gone down and not just attributed to the decline in btc and thus all alt coin values.
Zencash is off the Zclassic chain so it is independent of what happens and will happen to ZEC and thus Zcash.
They are the same but Zencash is not. 

[GaleRecoN]

https://blog.zensystem.io/zencash-hard-fork-at-block-139200-on-friday-july-21th-1400-edt/