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TheHas
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October 26, 2017, 04:54:02 AM |
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On the 42 zen needed to run a secure node, has there been any thought on changing this number, and specifically why 42 was chosen in the first place? It has been discussed before, but 42 is a very famous number... but beyond the cheekiness of it, 42 zen makes it reasonable for many people to setup a secure node. If you raise the number, then the costs become prohibitive as in the case of Dash nodes. If you lower it, then you dilute the pool of secure nodes making them less attractive. It's a little bit game-theory, and a little bit to promote decentralization. Reason being is that with the recent price jump, you now need about 1k in usd worth of zen to run a secure node, while before when zen was priced lower, you could get enough zen through about 300 usd worth of zen. Valid point, but the number 42 for secure nodes has been published since Zencash went live. It's not fair to punish early adopters in my opinion. I suppose this rewards early movers who had zen before it was cool, but just wondering if the current plan is to keep the requirement at 42 zen, regardless of price movement. Assuming the price continues to trend upwards, it could be a barrier to more people running secure nodes (should you need more people to do so).
I don't think so. If it's profitable for people to stand up a secure node, then people will do so. Oh right 42 like the answer to life 42, gotcha.  Not so much about punishing early adopters, but about getting the right balance to run 'enough' secure nodes. I know that there would be a bit of economics, supply/demand/reward type decision making going on (just like with a decision to buy a gpu to mine or not), but I can envisage the balance potentially being a bit out, and perhaps having too few secure nodes, and with the issue possibly being resolved if the entry point was lower. I still think 42 zen should stay as the fixed number - you wouldn't want people not buying 42 because they are waiting on a lower zen number entry to run a node. Perhaps there has been analysis done on the number of secure nodes expected when 42 zen is the entry point and the rewards are 3.5 per cent of the block reward? So for example, the developers are expecting 1000 secure nodes on launch, is this just based on the numbers on the testnet or also some other kind of assessment? Just interested |
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MedaR
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October 26, 2017, 09:36:50 AM |
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bel123
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October 26, 2017, 11:53:04 AM |
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During beta - masternode will earn or no?
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daunjuan
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October 26, 2017, 12:36:35 PM |
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Looking forward to running a node. You have received quite some hype recently, let's hope you don't get too much negative press in case there aren't news in a few weeks.
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Temporel
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October 26, 2017, 01:09:49 PM |
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During beta - masternode will earn or no?
since you need a testnet wallet, the payments have no value. |
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MedaR
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October 26, 2017, 01:13:19 PM |
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During beta - masternode will earn or no?
since you need a testnet wallet, the payments have no value. No, but this is not a final decision of team, if you listened last update this was one of the questions at the end, and will be discussed. |
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bel123
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October 26, 2017, 04:16:13 PM |
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No, but this is not a final decision of team, if you listened last update this was one of the questions at the end, and will be discussed. [/quote] it will be great to make decision about earning beta It is good time for zencash and faster secure nodes which also earn will help coin (value). |
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Bavaria
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October 26, 2017, 06:46:18 PM |
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Thanks for the great job! I already updated wallet. |
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lexxtypeR
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October 27, 2017, 12:52:03 AM |
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hello , where is it that i could talk/ask someone for help with setting up a node? i got a tls certificate and am on part 2.5 but when i testing it after adding the cert to my vim zen.conf it keeps showing up tls cert- false after i getinfo.. . thanks in advance!
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puwaha
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October 27, 2017, 05:03:46 AM |
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hello , where is it that i could talk/ask someone for help with setting up a node? i got a tls certificate and am on part 2.5 but when i testing it after adding the cert to my vim zen.conf it keeps showing up tls cert- false after i getinfo.. . thanks in advance!
Your best bet is to join the slack or discord chats. There's always someone there to help troubleshoot or answer questions. |
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tuanytcc
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Bcnex - The Ultimate Blockchain Trading Platform
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October 27, 2017, 05:11:22 AM |
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hi all.
I saw codes for signature on the main thread of the announcement. Is signature campaign available for bitcointalk users? thank you
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lexxtypeR
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October 27, 2017, 05:27:23 AM |
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hello , where is it that i could talk/ask someone for help with setting up a node? i got a tls certificate and am on part 2.5 but when i testing it after adding the cert to my vim zen.conf it keeps showing up tls cert- false after i getinfo.. . thanks in advance!
Your best bet is to join the slack or discord chats. There's always someone there to help troubleshoot or answer questions. do you have any links for the discord or slack channel? thank you |
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TheHas
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October 27, 2017, 05:40:27 AM |
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hi all.
I saw codes for signature on the main thread of the announcement. Is signature campaign available for bitcointalk users? thank you
There is currently no bounty/signature campaign for zencash. Only forum page 43 one of the developers mentions that it might be something for the future, but that right now the focus is secure nodes. I'm not sure a signature campaign is needed, there is enough attention on zencash at the moment (top 100 coin by marketcap) - but we'll see what happens |
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MedaR
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October 27, 2017, 07:28:59 AM
Last edit: October 27, 2017, 07:53:24 AM by MedaR |
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hello , where is it that i could talk/ask someone for help with setting up a node? i got a tls certificate and am on part 2.5 but when i testing it after adding the cert to my vim zen.conf it keeps showing up tls cert- false after i getinfo.. . thanks in advance!
Your best bet is to join the slack or discord chats. There's always someone there to help troubleshoot or answer questions. join discord: https://discordapp.com/invite/9kXQFHxYes if you have some problems in setup process the best solution is to ask questions here : #securenodes do you have any links for the discord or slack channel? thank you
We are moving from Slack to Discord https://discordapp.com/invite/9kXQFHx |
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MedaR
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October 27, 2017, 07:51:20 AM |
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hi all.
I saw codes for signature on the main thread of the announcement. Is signature campaign available for bitcointalk users? thank you
There is currently no bounty/signature campaign for zencash. Only forum page 43 one of the developers mentions that it might be something for the future, but that right now the focus is secure nodes. I'm not sure a signature campaign is needed, there is enough attention on zencash at the moment (top 100 coin by marketcap) - but we'll see what happens Anyway this was campaign for better ranked members, above Full member. We do not have bounty programs, but if you have good ideas and know how, and you can execute them, you can apply this form and get funds if this aproved by community. https://forum.zensystem.io/t/how-to-create-a-proposal-for-zencash/235
Feel free to use our signatures codes, as expression of supporting of our work, this action is is voluntary - no payments. |
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exlover
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October 28, 2017, 10:09:18 AM |
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hi all,
would you mind telling me about the differences between secure nodes and masternodes, please. Do they have same features, by which I mean securing the networks.?
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MedaR
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October 28, 2017, 10:24:35 AM |
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hi all,
would you mind telling me about the differences between secure nodes and masternodes, please. Do they have same features, by which I mean securing the networks.?
Secure nodes have high demands for computing power and memory in comparison with classic master nodes. Secure nodes are designed to improve network security and this is main priority, popularity of Master nodes is due to high profitability. 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. ZenCash Secure Node System Overview
https://www.youtube.com/watch?v=pgTPy4D27Yg&t=214sZenCash Secure Nodes Create a Distributed and Reliable CryptoCurrency System
https://blog.zensystem.io/secure-nodes-why-are-they-important/ |
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