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Author Topic: [ANN][ZEN] Horizen: Unbounded By Design  (Read 217028 times)
theRo
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February 01, 2018, 10:53:04 AM
 #2121

Just a numb technical question.

I see no halvings in the zencash mining process. So in about less than 7 years mining process ends. 21 million coins limit will be reached by the end of 2024.
With the end of mining process also rewards for secure nodes holders and zencash treasury ends too.
How the blockchain will be mantained after that if there will be "almost" no rewards and possible also no interes in secure nodes holders in mantaining the blockchain for free.

Don´t tell me that will be mantained with the small amounts of fees generated by trade because it will be peanuts even if zencash at that time costs hundreds per unit and generate millions os transactions per day.

How to solve that?

1. AFAIK mining ends ~2032 like zcash - https://z.cash/images/foundersreward.png

2. Imagine what happens if bitcoin mining stops - everyone just goes out from it, why would they?

3. We have plenty of time to create infrastructure of usecases for ZEN.

4. When limit reached - no new coins flow to market so no new $ needed to maintain current price,
and current supply only goes down because people lost wallet.dat's and die eventualy, having hundreds of ZEN on their vps wallets going to non-existence.


I can continue this but dont have much time and you should see the point.

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finpunk
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February 01, 2018, 11:07:14 AM
 #2122

Congratulations on the okex listing. I was wondering when zencash would expand from bittrex and cryptopia (of all exchanges!). Also hoping zencash gets listed as a binance community coin soon, but has been hard to get the votes up.

Thanks! Our BD and marketing teams are tag teaming big exchange support with new listings and making those we have more valuable.
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February 01, 2018, 11:08:08 AM
 #2123

https://youtu.be/KkqMFHyisF0


hey everyone featured zen in my top privacy coins 2018 video if anyones interested Cheesy

Always love the vidz @VoskCoin ...glad ZEN made the list Smiley
finpunk
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February 01, 2018, 11:10:26 AM
 #2124

Just a numb technical question.

I see no halvings in the zencash mining process. So in about less than 7 years mining process ends. 21 million coins limit will be reached by the end of 2024.
With the end of mining process also rewards for secure nodes holders and zencash treasury ends too.
How the blockchain will be mantained after that if there will be "almost" no rewards and possible also no interes in secure nodes holders in mantaining the blockchain for free.

Don´t tell me that will be mantained with the small amounts of fees generated by trade because it will be peanuts even if zencash at that time costs hundreds per unit and generate millions os transactions per day.

How to solve that?

Ah no our new coin emission path is the same as bitcoin, which means we'll hit our terminal supply in about the year 2150.
aryan7980
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February 01, 2018, 11:11:44 AM
 #2125

The community is amazing!  Smiley
bel123
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February 01, 2018, 11:55:13 AM
 #2126

I have to admit that I invested a bit in MN coins before  Xmas and i got really lucky as the big pump came after I invested but boy did most of these coins drop over the course of the last 10 days.

Most of these projects don’t even have a whitepaper the website is often minimalistic at best and I don’t even want to talk about innovation. Nevertheless some of the coins were or are more expensive than Zencash which escapes my logic.

Here I see a lot of innovation and when I tell people that i have a secure node for Zen they tell me crap ROI and so on. I see the rewards more as a bonus and consider my node as an investment.

Im really excited at what is still coming here Smiley

Appreciate your support! There's a ton of get-rich-quick mentality in the industry, but the next bear market will crush it. Most people in the market today were not around in the 2014-15 crypto bear and don't remember how painful things became. that's why we're building the system, team, and products to be high quality and as stable as possible with a broad and deep set of value propositions that won't just disappear in the next crash.

and You really think that during bear market zencash will be powerfull and stable? Smiley lol

Now we have bull market and you waste each oportunity to make this coin bigger and popular... so what will change during bear market? Smiley  Someone wrote few pages earlier that you forgot to jump to big ships... and now left only small... 100% true. You don't learn from Your mistakes... still no marketing, no vision how to change zencash situation.

I wrote so many times - tips, suggestions and i see i only loose my time. From my last list nothing is done Sad Even new page You can't update subpages so only main page is nice, subpages are on old template. You have so many people in the team - really nobody can't change such easy page? It is few hours work only... or hire freelancer for $50 to do this. So many people in different countries - what they do for zencash? I think nothing or almost nothing... it will be good that they translate page to their languages - it could be first step and help...

Funny is also that for you price is not so important... thats why there are so few investors, because of such attitude...
Now there are so many coins... only these coins will survive which can fight! It will not be better time to make this coin more popular... No marketing = small amount of investors = price very low Sad
MedaR
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February 01, 2018, 01:41:02 PM
 #2127



Listen to finkpunk - Rob talk about ZenCash on Aaron Mangal show:


 https://coinstructive.com/ep5-rob-viglione-zencash/

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MedaR
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February 01, 2018, 02:22:23 PM
 #2128

Zen Mining pools


ZenMine Pro - https://zenmine.pro/
Cryptobroker - https://pool.cryptobroker.io/zen/
MineZ Zone - https://minez.zone/
Luckpool - http://www.luckpool.org/
Miningspeed - http://zen.miningspeed.com/
Zpool - http://www.zpool.ca/
ZenCash Pool Sexy - http://zen.pool.sexy
HebUsio Pool - https://zenpool-eu.hebusio.com
SuprNova - https://zen.suprnova.cc/
Owl Miner's Club - http://zen.owlminingclub.com/
Zuzuca Pool - http://zen.zuzuca.ro/
ZHash.Pro - https://zhash.pro/
Nibiru pool - http://zen.nibirupool.com/
MinerManiac - http://www.minermaniac.com/
eHashCoins  - http://zen.ehashcoins.org/
Catpool  - http://zen.catspool.org
ZenPool -  https://zenpool.org/
TreeFrogMines  - https://treefrogmines.com/

If I have missed some please inform me.
Thanks!

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lentyna
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February 01, 2018, 05:38:56 PM
 #2129


I'm glad that you guys kept your word - payments started to come regularly.

Seryvolk
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February 01, 2018, 06:03:42 PM
 #2130

The project has quite serious prospects, according to my predictions in the near future the price of the coin will be $150!
Ginzink
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February 01, 2018, 07:45:10 PM
 #2131


I'm glad that you guys kept your word - payments started to come regularly.



Yes off course Smiley They just needed time to make it right. Kinda sad i dont have Zencash at the moment, when the markets turn it could do well. But that goes for my other coins as well so hard to sell hehe Tongue
Also nice that you keep updating the pools in the thread so us miners are informed when we want to start.
Bibi187
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February 01, 2018, 11:04:32 PM
 #2132

Price of ZEN stay relative high on this period ...

Really nice to see this reaction !

ZEN have a shining future Wink

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TheHas
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February 02, 2018, 09:50:40 AM
 #2133


I'm glad that you guys kept your word - payments started to come regularly.


I'm surprised people were that worried they wouldn't come through. I mean, the developers get plenty of zen through the regular block rewards without 'keeping' any extra from node operators. It would make no sense to not give everyone their fair payments and figure out a solution to any issues to make sure everyone stays behind the project.

Anyway, zen is looking great and I'm glad the bugs with the nodes are being worked out Smiley
MedaR
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February 02, 2018, 12:29:17 PM
 #2134

Buy tickets for the Crypto Investor Show in London  on March 10th with ZEN!


https://www.cryptoinvestor.show/

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MedaR
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February 02, 2018, 01:14:42 PM
 #2135


I'm glad that you guys kept your word - payments started to come regularly.



Yes off course Smiley They just needed time to make it right. Kinda sad i dont have Zencash at the moment, when the markets turn it could do well. But that goes for my other coins as well so hard to sell hehe Tongue
Also nice that you keep updating the pools in the thread so us miners are informed when we want to start.
ZenCash Team asked for patience, and resolved problems as sooner as it was possible. I learned very important lesson in crypto world patience is the key! Btw, it is good time for investments while BTC causing downtrends. Wink

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CryptoWaffle
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February 02, 2018, 01:20:43 PM
 #2136

Buy tickets for the Crypto Investor Show in London  on March 10th with ZEN!


https://www.cryptoinvestor.show/



Gold tickets are sold out  Roll Eyes

Thanks for the info.
VoskCoin
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February 02, 2018, 02:03:58 PM
 #2137

https://youtu.be/KkqMFHyisF0


hey everyone featured zen in my top privacy coins 2018 video if anyones interested Cheesy

Always love the vidz @VoskCoin ...glad ZEN made the list Smiley
Thank you Rob Cheesy

Check out my Crypto YouTube channel
https://www.youtube.com/VoskCoin
If you enjoy my content click Subscribe
MedaR
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February 02, 2018, 04:18:31 PM
 #2138

1. Fintech Finance
ZenCash Partners with World-Leading Exchange OKEx
http://www.fintech.finance/01-news/zencash-partners-with-world-leading-exchange-okex/

2. Block Tribune
Crypto Exchange OKEx Adds ZenCash Trading Support
http://blocktribune.com/crypto-exchange-okex-adds-zencash-trading-support/ 
     
 3. RU Crypto
https://rucrypto.com/monety/kriptovalyutnaya-birzha-OKEx-dobavlyaet-ZenCash.html

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cchub
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February 02, 2018, 08:43:58 PM
 #2139

Price of ZEN stay relative high on this period ...

Really nice to see this reaction !

ZEN have a shining future Wink

Zen has been improving its ranking at coinmarketcap. This is proof ZEN is actually performing well. When the market stabilizes we will see it boom above the resistance level at 0.0049

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MedaR
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February 03, 2018, 12:45:14 PM
 #2140

Vote for Zen!


https://nextexchange.featureupvote.com/suggestions/2831/zencash-zen

NEXT.exchange is the first social decentralized stock exchange market for crypto and ICO tokens.

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