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Author Topic: [ANN][ZEN] ZENCASH: Permanent, Distributed, and Fully Anonymous cryptocurrency  (Read 243318 times)
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May 27, 2017, 05:43:37 PM
 #661

Which miner should we use with nvidia cards?
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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May 27, 2017, 08:33:00 PM
 #662

Hi,
I have a few questions about zen, yours answers will be appreciated.
1)Is zen any different from  zcash in terms of actual technology or is the difference just ideological?
2)zen is claiming to be the most anonymous coin !! How does it compare to other privacy coins when it comes to that point.
3)Zclassic owners get free zen for holding zclassic up to block 11000 or something, does this mean zen is premined for distribution for zclassic holders up to that block?
4) is zen only a privacy coin or does it hope to be more than that, in other words are there any other features planned for the future.

Thanks
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May 27, 2017, 10:57:08 PM
 #663

If i am correct it is 42 zen for 1 masternode. It means 7.4/ month.

1 - How many masternode max per person ?
2- May the reward of 7.4 changes in the futur if yes under which conditions and how much  and when?

Thx
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Pasl [Xci-r.i.p.] Eth Zcl Kmd Zen Rep Xmr Sc Neo


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May 27, 2017, 11:10:24 PM
 #664

If i am correct it is 42 zen for 1 masternode. It means 7.4/ month.

1 - How many masternode max per person ?
2- May the reward of 7.4 changes in the futur if yes under which conditions and how much  and when?
3- Can i sell the  masternodes when i want ?

Thx
More questions pondering...

The PoS reward can not be 7.4 Zen for a 42 Zen masternode a month. That´s too much. Think about the inflationary consequences..

Q= There can be a higher Zen stake Masternodes right? Maybe? A super masternode for more than 42 Zen?
Or is one Node exactly 42 Zens? That small price for a node would keep the network nicely secured as there would be ALOT of nodes.

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May 28, 2017, 12:13:53 AM
 #665

If i am correct it is 42 zen for 1 masternode. It means 7.4/ month.

1 - How many masternode max per person ?
2- May the reward of 7.4 changes in the futur if yes under which conditions and how much  and when?
3- Can i sell the  masternodes when i want ?

Thx
More questions pondering...

The PoS reward can not be 7.4 Zen for a 42 Zen masternode a month. That´s too much. Think about the inflationary consequences..

Q= There can be a higher Zen stake Masternodes right? Maybe? A super masternode for more than 42 Zen?
Or is one Node exactly 42 Zens? That small price for a node would keep the network nicely secured as there would be ALOT of nodes.



How much zen do we need to than have for the 7.4 zen reward ??

Ok i found the answer ; (d)  Keep at least 42 ZenCash on the server in a t
address for staking.
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May 28, 2017, 04:45:44 AM
 #666

The idea behind paying nodes is to encourage everyone with the means to run a full node.
You're not really being paid for your 42 zen investment, your being paid for running a full node.
The 42 Zen is there mostly to prevent something like a virus/botnet running many zen nodes.

I don't think someone running more than one node brings much additional value to the network,
So I would guess you will only be able to run one node per IP address or something like that.

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May 28, 2017, 06:02:08 AM
 #667

The idea behind paying nodes is to encourage everyone with the means to run a full node.
You're not really being paid for your 42 zen investment, your being paid for running a full node.
The 42 Zen is there mostly to prevent something like a virus/botnet running many zen nodes.

I don't think someone running more than one node brings much additional value to the network,
So I would guess you will only be able to run one node per IP address or something like that.



Can you explain the difference between the a node and a full node please ? I read the white paper but it was written no where that you can have only 1 node. I am still noob so ...i might be wrong.

If we are allowed to have only 1 node it changes the situation completly.
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May 28, 2017, 07:57:28 AM
 #668

It's a bit unclear for me now...

Please can someone confirm to me how many nodes we can run with 1 ip ??

Based on white paper :

5.6    Zen Secure Nodes
The  nodes  are  the  key  systems  that  maintain  the  Blockchain,  accept  transactions  from
wallets,  validate miner solutions,  and act as the decentralized computing and communi-
cations system for cryptocurrencies.  In Zen, all information transmitted to and from the
Secure Nodes is encrypted with valid certificates using TLS version 1.3 and further pro-
tected  with  Perfect  Forward  Secrecy  (PFS).  As  part  of  the  Secure  Node  capability,  the
ZenCash application improves functionality by:

Extending RPC to enable AES encrypted data to reside in shielded transactions.

Extending RPC to enable perfect forward secrecy handshakes between public keys.
Secure nodes that meet all requirements will be rewarded the Secure Node portion of the
mining in a queued manner.  Secure nodes need to monitor the #secure node channel.  The
Secure Node payment system is intended to be operated in an auditable manner with clear
standards to maximize operability and minimize issues.
1.  Basic infrastructure functions performed by Secure Nodes:
(a)  Ensure all network communications are encrypted between nodes.
(b)  Maintain full Zen blockchain.
(c)  Provide  certificate-based  encryption  connections  for  ZenCash  wallet  applica-
tions.
2.  Secure Nodes meeting the requirements outlined below receive 3.5% of block coinbase
reward in a way that rewards uptime at full functionality:

(a)  Operate  node  software  on  a  capable  system  as  specified  by  infrastructure  re-
quirements


Recommended memory is more than 4 GB.
(b)  Maintain entire ZenCash blockchain on the system.
(c)  Provide a valid SSL certificate to the ZenCash Node software to use for com-
municating with other nodes and wallets.
(d)  Keep at least 42 ZenCash on the server in a t
address for staking.

(e)  Monitor  the  SecureNode  channel  for  challenge  messages  from  SecureNodeHQ
approximately every 10 minutes (in a z
transaction message field).
(f)  Respond to challenge with identifying information of the Secure Node.
(g)  Challenge response will be a combination of two things:
i.  Send a shielded message to SecureNodeHQ containing public t
address and
GNUnet document location in message field.
ii.  Publish a document to GNUnet signed with private t
address including:
A.  Public  t
address  of  staking  Zen,  which  will  also  be  used  for  reward
payment.
B.  SSL certificate and IP address.
C.  Block header from blockchain.
D.  Other information that may be necessary to make sure it is a unique
server.
(h)  Each Zen Secure Node must also be a peer on the GNUnet systems to publish
the challenge response anonymously and support the anonymous publications
from other elements of the system.

(i)  Other  potential  requirements  that  may  come  up  in  future  to  allow  ZenCash
system to use the Secure Nodes for consensus and computing power.
3.  Zen Secure Node Payment System (Z-SNPS):
(a)  Z-SNPS operated by a Zen DAO.
(b)  Z-SNPS will track challenge responses from each Secure Node.
(c)  Secure Nodes will be tracked and published by their t
addresses.
(d)  Mined block will pay the 3.5% reward to the ZC-SNPS system, which will pe-
riodically distribute the ZenCash to Secure Nodes based on their uptime in the
defined time-period.

Because  Zen  will  have  this  distributed  computing  network  in  the  form  of  compensated
Secure Nodes,  these nodes may be required to provide other computing services for the
network depending on the evolution of community consensus.

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May 28, 2017, 11:44:56 AM
 #669

I guess, if the network need to talk to the nood and are initated by network it all comes down to ip:port. You can have assigne one ip to one port.


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May 29, 2017, 02:40:28 AM
 #670

How do I go about getting back 54+ZCL that is missing since the last software update.? Eleos wallet. Current Balance: 0.00 zcl  (Transparent: 0.00 / Private: 0.00 )  | Connections: 7

Before that I couldn't even get a connection for days.
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May 29, 2017, 07:22:48 AM
 #671

Lets' say i run a secure node with 252 zencash.

How much will i get paid monthly ? 252/42 = 6 x 7.4 = 44.4 zen or only 7.4 zen ?
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May 29, 2017, 08:18:47 AM
 #672

When u last should have ZCL to receive ZEN at 30 ? or u need just have before official date ?
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May 29, 2017, 08:38:18 AM
 #673

Is the launch still scheduled for 30th May or are there any further anticipated delays ?

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May 29, 2017, 08:53:44 AM
Last edit: May 29, 2017, 10:25:02 AM by lupanar
 #674

Hey Ocminer, we need a new countdown Wink
Hope it would be... A Final Countdooown ... Cheesy

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May 29, 2017, 10:34:37 AM
 #675

where is miner and pool??
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May 29, 2017, 11:30:32 AM
 #676

where is miner and pool??

Look at suprnova.cc. there you will find pool.
Miner is same as zcl
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May 29, 2017, 11:45:26 AM
 #677

what time exactly mining will start on pools?

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May 29, 2017, 11:46:20 AM
 #678

Hey Ocminer, we need a new countdown Wink
Hope it would be... A Final Countdooown ... Cheesy

I'm also searching for a exact launch time tbh Smiley

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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May 29, 2017, 11:49:17 AM
 #679

Hey guys, need à translation in french?

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May 29, 2017, 12:07:55 PM
 #680

Hey Ocminer, we need a new countdown Wink
Hope it would be... A Final Countdooown ... Cheesy

I'm also searching for a exact launch time tbh Smiley

Thanks , wait for new count .

Anyone have a wallet work for zen on windows x64 ? , i want mining in solo .
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