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Author Topic: [ANN][ZEN] Horizen: Unbounded By Design  (Read 216555 times)
MedaR
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November 03, 2017, 10:39:43 PM
 #1061

ZENCash Desktop GUI Wallet binary release 0.74.7 for Mac OS

https://github.com/ZencashOfficial/zencash-swing-wallet-ui/blob/master/docs/Release_0.74.7.md

One notable new feature (compared to the previous release) is the ability to send encrypted text messages in group conversations on the ZEN blockchain. It is also possible to block/ignore other users if they are spamming the conversation.

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November 04, 2017, 07:21:56 AM
 #1062

So i now that secure nodes program is still in testing, but how many zencash tokens would one get as a reward of having set up one secure node?

There was a calculator on this site http://zen.lebre.net/, but i doesn't work anymore.

And even when it did work it showed insane numbers, if i put 1 secure nod, price od zen = 20$ and price of VPS =5$, it would say that i wil earn 741 zencash tokens or some other ridiculous number.

So the question is if i have one secure node when they start to function how much zencash would i get per month?
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November 04, 2017, 08:04:13 AM
 #1063

It will be nice to buy a few ZENS for the portfolio.I am looking into it. CAN ANYONE TELL me for example how ZEN is comparable to other privacy coins and why I should buy ZEN? I would like to own at least one privacy coin in my portfolio so what do you think ZENCASH has that is better than the rest? I am just looking at a healthy entry point to buy in as it has been recently pumped so want to wait a little while. I am thinking to buy between 200-400 ZEN as a long term bag hold.


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dex1
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November 04, 2017, 08:11:23 AM
 #1064

So i now that secure nodes program is still in testing, but how many zencash tokens would one get as a reward of having set up one secure node?

There was a calculator on this site http://zen.lebre.net/, but i doesn't work anymore.

And even when it did work it showed insane numbers, if i put 1 secure nod, price od zen = 20$ and price of VPS =5$, it would say that i wil earn 741 zencash tokens or some other ridiculous number.

So the question is if i have one secure node when they start to function how much zencash would i get per month?

The calculator still works fine.
The number of nodes you're supposed to input is an estimation of all nodes that will be online.

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November 04, 2017, 08:14:39 AM
 #1065

So i now that secure nodes program is still in testing, but how many zencash tokens would one get as a reward of having set up one secure node?

There was a calculator on this site http://zen.lebre.net/, but i doesn't work anymore.

And even when it did work it showed insane numbers, if i put 1 secure nod, price od zen = 20$ and price of VPS =5$, it would say that i wil earn 741 zencash tokens or some other ridiculous number.

So the question is if i have one secure node when they start to function how much zencash would i get per month?

The calculator still works fine.
The number of nodes you're supposed to input is an estimation of all nodes that will be online.




No it doesn't work. And this answer mens nothing to me. Would you humor me and run the calculator(if it work) and simulate that you have 1 node, you pay 5$ VPS , and price od zen is 21$, how much zen would you get per month?
MedaR
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November 04, 2017, 09:11:06 AM
 #1066

So i now that secure nodes program is still in testing, but how many zencash tokens would one get as a reward of having set up one secure node?

There was a calculator on this site http://zen.lebre.net/, but i doesn't work anymore.

And even when it did work it showed insane numbers, if i put 1 secure nod, price od zen = 20$ and price of VPS =5$, it would say that i wil earn 741 zencash tokens or some other ridiculous number.

So the question is if i have one secure node when they start to function how much zencash would i get per month?
- Network through mining produces  216000 ZEN / per month
 - Division of each PoW block: 3.5% Secure Nodes reward  - > 7560 ZEN  for this purpos monthly.

How this number (7560 ZEN) is going to be shared depends on how many nodes will be set up. Each node if qualified, will get equal share.

- Monthly cost per VPS is approximately 5$ per node.
 
- Zen price  https://coinmarketcap.com/currencies/zencash/

Now you can do your own math.  Cool

Quote
calculator on this site http://zen.lebre.net/ 
I will check what is going on with this calculator.

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MedaR
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November 04, 2017, 09:26:21 AM
 #1067

It will be nice to buy a few ZENS for the portfolio.I am looking into it. CAN ANYONE TELL me for example how ZEN is comparable to other privacy coins and why I should buy ZEN? I would like to own at least one privacy coin in my portfolio so what do you think ZENCASH has that is better than the rest? I am just looking at a healthy entry point to buy in as it has been recently pumped so want to wait a little while. I am thinking to buy between 200-400 ZEN as a long term bag hold.

Encrypted and Resilient Network

-Secure Nodes will improve network security - Whole communication is encrypted and secured with secure nodes, which is not the case with typical master nodes who are vulnerable, and can be compromised in certain cases.
Secure nodes are profitabil too and 3.5% from every block is reserved as reward for nodes.

Funding for Viability and Growth

- Ongoing funding of the treasury to pay for development,marketing, and partnerships.

Governece model

-Governance with participation by all people involved in making ZenCash work.

Read more here->
ZenCash Overview and Highlights for Investment Professionals
https://blog.zensystem.io/wp-content/uploads/2017/08/ZenCash-Overview-for-Investment-Professionals-v2.pdf

Read this for better understanding of Secure Nodes->
ZenCash Secure Nodes Create a Distributed and Reliable CryptoCurrency System
https://blog.zensystem.io/secure-nodes-why-are-they-important/



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jkirby19
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November 04, 2017, 09:51:21 AM
 #1068

So i now that secure nodes program is still in testing, but how many zencash tokens would one get as a reward of having set up one secure node?

There was a calculator on this site http://zen.lebre.net/, but i doesn't work anymore.

And even when it did work it showed insane numbers, if i put 1 secure nod, price od zen = 20$ and price of VPS =5$, it would say that i wil earn 741 zencash tokens or some other ridiculous number.

So the question is if i have one secure node when they start to function how much zencash would i get per month?
- Network through mining produces  216000 ZEN / per month
 - Division of each PoW block: 3.5% Secure Nodes reward  - > 7560 ZEN  for this purpos monthly.

How this number (7560 ZEN) is going to be shared depends on how many nodes will be set up. Each node if qualified, will get equal share.

- Monthly cost per VPS is approximately 5$ per node.
 
- Zen price  https://coinmarketcap.com/currencies/zencash/

Now you can do your own math.  Cool


So more nods the less money i get per node?
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November 04, 2017, 10:01:27 AM
 #1069

So more nods the less money i get per node?
More nodes-> less ZEN in free circulation, greater demand -> better price.. Cool

We are in Beta testing and there are more than 500 nodes. Expect at least 10x more on mainnet.
https://securenodes.zensystem.io

It seems that many people are interested in setaping nodes Wink

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R I Z E N
....ZEN Nodes.... ....Horizen Academy.... ...Help Desk   ..Faucet  
























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jkirby19
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November 04, 2017, 10:11:36 AM
 #1070

So more nods the less money i get per node?
More nodes-> less ZEN in free circulation, greater demand -> better price.. Cool

So lets say there are 1000 nodes and I have I secure node. I will receive 7,560 zen cash per month that is calculated in today prices = 160 $, if the number of node rise to 2000 i will receive 3,78 zen per node. Now to receive equal amount of USD(160) as previous month the zen price would have to be 42 $ which is double or even more if i want to receive more.

Now it that happens zencash will probably get in top 20 or top 30 on cryptocurrency market cap. Is this realistic to happen.

Or better question yet do you have any idea or prediction how much secure nodes will there be when they will be put in action?

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November 04, 2017, 10:28:02 AM
 #1071

42 coins are needed as a stake for nodes. 1000 nodes will lock 42000 coins immediately. Right now we have 205300 coins on Bittrex orders.

When nodes becomes profitable after testing, they will become more interesting, and number of nodes will increase significantly.

With greater demand, price will increase this is basic rule of market.

Really good thing is that 42 coins are cheap in comparison with other master nodes which require at least couple of thousands of dollars for a start if not more.

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jkirby19
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November 04, 2017, 10:33:22 AM
 #1072

42 coins are needed as a stake for nodes. 1000 nodes will lock 42000 coins immediately. Right now we have 205300 coins on Bittrex orders.

When nodes becomes profitable after testing, they will become more interesting, and number of nodes will increase significantly.

With greater demand, price will increase this is basic rule of market.

Really good thing is that 42 coins are cheap in comparison with other master nodes which require at least couple of thousands of dollars for a start if not more.

When will nodes come live, that is when will testing be over this year or the next, do you know that?
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November 04, 2017, 10:39:20 AM
 #1073

When will nodes come live, that is when will testing be over this year or the next, do you know that?
When our developers show us a green lights, nodes will go live without payment for a start. If everything passes good, payments will start, and this is it.
There is no exact date. It will happen soon Cool

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November 04, 2017, 10:44:32 AM
 #1074

the next step for the zencash project is the creation of a new logo and the implementation of the masters nodes

I hope this should happen in the next 2 or 3 weeks

XSL Labs.io
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November 04, 2017, 10:48:22 AM
 #1075

The problem that i found with this coin is that i can't understand it very well. Website is not beginner-friendly at all. From the ANN the same.
Of course being a privacy focused coin, etc, etc it's pretty complex and all, but i'm sure you can't grow if people don't understand the project. Anyway, good luck guys.

PS: this thread has less replays than a stupid airdrop Smiley)) (irrelevant, just saying)
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November 04, 2017, 11:04:07 AM
 #1076


...
No it doesn't work. And this answer mens nothing to me. Would you humor me and run the calculator(if it work) and simulate that you have 1 node, you pay 5$ VPS , and price od zen is 21$, how much zen would you get per month?

Yes it does.
As per your data entry AND assuming there is going to be 2000  nodes online:





or 5000 nodes online:




Hope you're now fully satisfied with me humoring you and running the calculator for you  Roll Eyes





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November 04, 2017, 11:10:56 AM
 #1077

The problem that i found with this coin is that i can't understand it very well. Website is not beginner-friendly at all. From the ANN the same.
Of course being a privacy focused coin, etc, etc it's pretty complex and all, but i'm sure you can't grow if people don't understand the project. Anyway, good luck guys.

PS: this thread has less replays than a stupid airdrop Smiley)) (irrelevant, just saying)
We are working on new web site which will be more user friendly. We are working on redesigning of announcing page here and other places. New logo coming.

Airdrops are easy money, their popularity won't last long. ZenCash is serious project, with serious development, Team and community expands, hashrate increases..

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November 04, 2017, 12:02:52 PM
 #1078

So more nods the less money i get per node?
More nodes-> less ZEN in free circulation, greater demand -> better price.. Cool

We are in Beta testing and there are more than 500 nodes. Expect at least 10x more on mainnet.
https://securenodes.zensystem.io

It seems that many people are interested in setaping nodes Wink

Where I can find a secure node setup guide for vps ?
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November 04, 2017, 12:09:07 PM
Last edit: November 04, 2017, 04:46:01 PM by MedaR
 #1079

Where I can find a secure node setup guide for vps ?
Use this instructions till then->https://blockoperations.com/build-zencash-secure-node-part-1-prepare-vps/
https://blockoperations.com/build-zencash-secure-node-part-2-build-zen-node/
https://blockoperations.com/build-zencash-secure-node-part-2-5-test-tls-secnodetracker/

ALL IN ONE->
https://blockoperations.com/how-to-build-and-operate-a-zencash-secure-node/

Discord #securenodes is perfect places if you are newbie and have no experience.
There you will find experienced members who already running and testing nodes.

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November 04, 2017, 12:27:31 PM
 #1080

http://zen.lebre.net/ Works again!

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