[ANN][ZEN] Horizen: Unbounded By Design

[UnknownX]

Wow! So lots of news in ZenCash community in passed days.
Now Zen looks more promissing then ever.
I'm planning to hold my zen far longer and even buy a little bit more, since it's rather cheap now because of BTC pump.

[1714030147]

1714030147

[1714030147]

1714030147

[1714030147]

1714030147

[1714030147]

1714030147

[1714030147]

1714030147

[1714030147]

1714030147

[buzzkillb]

Does it really cost 0.1 ZEN for 500 messages?

[MedaR]

Does it really cost 0.1 ZEN for 500 messages?

Private messaging capability

a. When sending a shielded transaction, a 512 Byte memo field is included in the transaction. This can be used to send a message within the transaction.
b. Message can be sent with a minimal cost transaction (0.0001 ZEN)
c. Whoever has the receiving private key on their wallet can view the memo

https://blog.zensystem.io/wp-content/uploads/2017/08/ZenCash-Overview-for-Investment-Professionals-v2.pdf

[ccminer.net]

why this coin "is" better than ZEC?

[MedaR]

why this coin "is" better than ZEC?

-first coin to integrate TLS into the protocol for e2e encryption
-implementing e2e encrypted network called "secure nodes" that we pay part of block rewards
-first zk-SNARK coin to build dedicated private messaging services (integrated into wallet and a stand alone version)
-funding academic R&D to anonymize network propagation (DANDELION++)
-implementing a protocol-level game theoretic treasury model that significantly improves on the Dash version

That's just the start. We have a pipeline of R&D, including a major protocol overhaul, domain fronting, IPFS integration, and major usability improvements and partnerships.

https://bitcointalk.org/index.php?topic=2095328.msg22601592#msg22601592

Secure nodes beta starts this week.
Arizen wallet is out.
Mobile wallet on android.
New awesome logo!
Website is in the works.
ZEN t-shirts & other stuff.

https://steemit.com/zencash/@ajesetave/zencash-biweekly-update-10-11-2017

I respect Zcash Team but i doubt they have such progress in all fields considering fundings..

ps
ZenCash Foundation donated 400 ZEN to Mexico City earthquake disaster relief on TheCryptoShow

[ccminer.net]

why this coin "is" better than ZEC?

-first coin to integrate TLS into the protocol for e2e encryption
-implementing e2e encrypted network called "secure nodes" that we pay part of block rewards
-first zk-SNARK coin to build dedicated private messaging services (integrated into wallet and a stand alone version)
-funding academic R&D to anonymize network propagation (DANDELION++)
-implementing a protocol-level game theoretic treasury model that significantly improves on the Dash version

That's just the start. We have a pipeline of R&D, including a major protocol overhaul, domain fronting, IPFS integration, and major usability improvements and partnerships.

https://bitcointalk.org/index.php?topic=2095328.msg22601592#msg22601592

Secure nodes beta starts this week.
Arizen wallet is out.
Mobile wallet on android.
New awesome logo!
Website is in the works.
ZEN t-shirts & other stuff.

https://steemit.com/zencash/@ajesetave/zencash-biweekly-update-10-11-2017

I respect Zcash Team but i doubt they have such progress in all fields considering fundings..

ps
ZenCash Foundation donated 400 ZEN to Mexico City earthquake disaster relief on TheCryptoShow

implementing e2e encrypted network called "secure nodes" that we pay part of block rewards is like dash supernodes?
So if I hold a certain amount of coins I'll get a part of block reward?

[MedaR]

implementing e2e encrypted network called "secure nodes" that we pay part of block rewards is like dash supernodes?
So if I hold a certain amount of coins I'll get a part of block reward?

ZenCash specification is to redirect 3.5% of the mining reward to the owners of ZenCash Secure Node which meet the requirements.
https://blog.zensystem.io/zencash-secure-node-system-overview-video/

[ccminer.net]

implementing e2e encrypted network called "secure nodes" that we pay part of block rewards is like dash supernodes?
So if I hold a certain amount of coins I'll get a part of block reward?

ZenCash specification is to redirect 3.5% of the mining reward to the owners of ZenCash Secure Node which meet the requirements.
https://blog.zensystem.io/zencash-secure-node-system-overview-video/

Thank you I'll make some researches and probably I'll move my miners to this coin for a while

[MedaR]

Thank you I'll make some researches and probably I'll move my miners to this coin for a while

My personal estimation at least 1000 nodes will be at start, even more http://zennodes.network/.
Price for vps is between 2 and 5 dollars.
https://coinmarketcap.com/currencies/zencash/

You can do your own math, how profitable can be.->
http://zen.lebre.net/

ZenCash Secure Node System Software Requirements Specification - Initial
Purpose:
Zen Nodes run the software that makes the ZenCash system work. Part of the ZenCash specification is to redirect 3.5% of the mining reward to the owners of ZenCash Secure Node which meet the requirements.

The purpose of funding secure nodes is not to reduce the amount of ZenCash available to the market with the intent of taking it out of circulation.

The purpose is to create a node network that is large enough and resilient enough to provide the foundation for a worldwide private communication and publishing system that is difficult to interrupt and gather data on.

The ideal would be 1000-5000 secure nodes, each running on a separate system, all over the world. The Zen Secure Node reward system has to be designed in a way that will prevent the operation of a large number of secure nodes on one server in one place.

The intent of this document is to create an overview specification for system that will enable Secure Node Tracking and Payment. The first level implementation is to get the basics of the system going so people can operate and be rewarded for running Secure Nodes. Over time the system can be improved to be more distributed, resilient, and automatic.

Each of the specific applications are intended to run on servers owned by the Zen Foundation, with operation. Each application will require a more specific software specification, as well as development.

https://forum.zensystem.io/t/secure-node-tracking-and-payment-system-software-development-project-discussion/126

[MedaR]

What am I missing?
Thanks!

You need to install the OpenCL.dll

https://software.intel.com/en-us/articles/opencl-drivers

Many thinks that this is wasting of time, CPU is way behind GPU.

[MedaR]

Welto now supports ZEN!

Welto, an application which allows users to pay bills with cryptocurrency direct from their wallets by simply providing the payee info, account number and address has announced the module is now integrated with U.S. bitcoin exchange Coinbase and crypto gateway CoinPayments.

https://www.cryptoninjas.net/2017/10/05/welto-billpay-bitcoin-module-integrated-coinbase-coinpayments/

The partnership will allow Welto to support ZenCash payments through an integration of CoinPayments, a gateway system that eliminates the need to use an exchange to convert cryptocurrency to fiat currency.

https://www.cryptoninjas.net/2017/10/12/welto-now-supports-zencash-allow-bill-payment-cryptocurrency/
http://welto.io/

[z0n0]

What am I missing?
Thanks!

You need to install the OpenCL.dll

https://software.intel.com/en-us/articles/opencl-drivers

Many thinks that this is wasting of time, CPU is way behind GPU.

Thanks.

I know, it's just to try something.

[Bavaria]

Zencash transactions is untraceable? I haven't found anything about.

ZenCash is a platform for secure communications and for deniable economic activity. It is an evolution of the Zcash codebase aimed at primarily enabling secure communications and resilient networking. As a platform it enables secure global messaging, persistent file storage, and private economic activity.

Zero-knowledge encryption allows for private economic activity where the recipient, sender, and amount of activity is kept confidential.

ZenCash extended Bitcoin with fully anonymous shielded transactions, so that users can
choose between normal Bitcoin-like addresses (t-addresses) or shielded addresses resistant
to traffic correlation analysis (z-addresses).

T transactions
T transactions are the traditional blockchain-recorded transactions controlled by a private
key in a wallet. These are derived from Bitcoin, and enable rapid compatibility with
exchanges, wallets, and other Bitcoin-derived ecosystem applications.

 Z transactions
These are transactions sent to shielded addresses, as inherited from Zcash and Zclassic.
Balances in shielded addresses are private. If spending to one or more shielded addresses,
the value stays private but any transparent addresses on the receiving end will deshield the
token and reveal the value received on the blockchain. The input shielded addresses and
whether the value was sent from one or two of these remains confidential when deshielded.

Thanks for describing it to me.
I'm supposed to say, ZenCash looks very promising. And obviously, zen will be popular over time.
Just glad I saw this thread.

[l8nit3]

Please come joins us in mining at www.l8nit3-miners.com

Zencash mining has been enabled in beta status at zcash.l8nit3-miners.com
-o stratum+tcp://zcash.l8nit3-miners.com:4106 -O znS8VSWBtWebnQrxXXq48Y2DtrehSFJECY2:x

Happy mining!

[grchina]

Are nodes up yet?

[MedaR]

Are nodes up yet?

Secure Nodes entering beta testing this week, soon after this, they are going on mainnet!

[jeoarx]

how large is the blockchain ? isn't there anyother way to have a wallet that i have it's private keys without downloading the entire blockchain ? as i understood from the github page this clients needs zencash setup first

[MedaR]

how large is the blockchain ? isn't there anyother way to have a wallet that i have it's private keys without downloading the entire blockchain ? as i understood from the github page this clients needs zencash setup first

Swing wallet needs Installation and contains full blockchain.

Blockchain is around 1.15GB and you can download very fast in about hour i think.
 We have web based wallet http://myzenwallet.io/
  You can use also mobile wallet https://play.google.com/store/apps/details?id=io.zensystem.zencashwallet&hl=en
    Also we have light version Arizen wallet. https://github.com/ZencashOfficial/arizen

[jeoarx]

how large is the blockchain ? isn't there anyother way to have a wallet that i have it's private keys without downloading the entire blockchain ? as i understood from the github page this clients needs zencash setup first

Swing wallet needs Installation and contains full blockchain.

Blockchain is around 1.15GB and you can download very fast in about hour i think.
 We have web based wallet http://myzenwallet.io/
  You can use also mobile wallet https://play.google.com/store/apps/details?id=io.zensystem.zencashwallet&hl=en
    Also we have light version Arizen wallet. https://github.com/ZencashOfficial/arizen

Thx dude , here i'm mining zencash

[bel123]

Are nodes up yet?

Secure Nodes entering beta testing this week, soon after this, they are going on mainnet!

Great news - please make also instruction how to make such nodes.

I hope this coin in the future will be better and more popular then zcash, monero. Great job!