[ANN][ZEN] Horizen: Unbounded By Design

[TheHas]

Who gives a damn about ZEN being a commodity.  Many of us here say it's a "currency."  Many here believe it's both.  What the hell does that have to do with the FACT that ZEN is a PRIVATE (not public) company who is subject to audit at any time from the I.R.S.

Why don't we just say that Zencash is a digital token that allows you to participate on the Zencash network... just like the legal notice here:  https://zencash.com/assets/files/ZenCash_LEGAL%20MEMORANDUM.pdf

It has properties of a currency, and it's value is based upon market demands, and the amount of effort put into mining new tokens.

Exactly. It has the values of a typical cryptocurrency coin, in that coins are minted over time by a set of rules through mining and nodes.

However, zencash also has properties of a 'token' as it provides services that have a market value through initiatives like Zen pub, chat and hide.

[1713503404]

1713503404

[MedaR]

Dear developers, tell me please do you now have any bounties of the zencash campaign( twitter, facebook, signature bitcointalk)? Thanks in advance for the answer.

There are no official campings.

We have a deal with Learn Crypto / Wyckoff SMI  - Youtube Channelhttps://www.youtube.com/channel/UCu_6nOA9sC0GTbaSWi3nBSw
They are doing $ZEN giveaways during live shows all month! simply leave a comment with $ZEN address and you are entered!
They always draw the winners live during the following show!

[MedaR]

The privacy feature is welcomed not only by criminals. I dont care much about it, but i trust my government though
But as to it being possible to launder money since it is anonymous, should we ban cash? Cash are even more anonymous, but alot of people seem to avoid that part.

Privacy is not feature it's your right!

Bitcoin and cyberpunk movement started as an answer to rising question about privacy on Internet and main idea is to restore lost rights.
Worst laundering of money actually happening inside of this magic Banking cartel, They are those who controlling money flow!
We could use seashells for trading and yet someone would be accused..Governments are there for the people, not opposite - We missed something meanwhile..

[MedaR]

Who gives a damn about ZEN being a commodity.  Many of us here say it's a "currency."  Many here believe it's both.  What the hell does that have to do with the FACT that ZEN is a PRIVATE (not public) company who is subject to audit at any time from the I.R.S.

Why don't we just say that Zencash is a digital token that allows you to participate on the Zencash network... just like the legal notice here:  https://zencash.com/assets/files/ZenCash_LEGAL%20MEMORANDUM.pdf

It has properties of a currency, and it's value is based upon market demands, and the amount of effort put into mining new tokens.

Exactly. It has the values of a typical cryptocurrency coin, in that coins are minted over time by a set of rules through mining and nodes.

However, zencash also has properties of a 'token' as it provides services that have a market value through initiatives like Zen pub, chat and hide.

Zen platform will be on top of ZenCash blockchain not opposite, Zen (coin) is main product of this platform, one of many services that this platform providing.

[!vanovi4]

Quite a promising project, in my opinion .I was impressed that ZenCash is a platform for reliable communication and unacceptable economic activity. This is the evolution of the Zcash code base, designed primarily to provide reliable communication and a stable network.

[irwanjabryg]

There will be less super nodes so each node will get a bigger share of the reward, correct?

[Conasse]

I suppose. I am sure super nodes will attract a lot of new people in the same time

[MedaR]

There will be less super nodes so each node will get a bigger share of the reward, correct?

Announced Fork will implement block reward changes  10% 10% 10% 70% as you can see on a picture.
 increasement from 3.5% of every block to 10% will follow immediately after the fork.


http://supernodes.lebre.net/ calculator for Super Nodes.

It is very hard to predict how many Super Nodes will be online after launch, considering fact how many Secure Nodes are online we can maybe expect an equilibrium within those numbers..

[MedaR]

I suppose. I am sure super nodes will attract a lot of new people in the same time

With this increment from 3.5 to 10% we can expect rise in number of Secure Nodes and this is completely logical. I would like to hear more opinions about this. What do you think how Super Nodes are going to effect network? What are your expectations regarding numbers (except price)etc..

[MedaR]

Biweekly community call starts soon at 1 PM EDT today! Tune in here and ask questions:

http://youtube.com/c/ZenCash/live

[Anarchist]

I suppose. I am sure super nodes will attract a lot of new people in the same time

With this increment from 3.5 to 10% we can expect rise in number of Secure Nodes and this is completely logical. I would like to hear more opinions about this. What do you think how Super Nodes are going to effect network? What are your expectations regarding numbers (except price)etc..

I guess it will have 2 groups of people. One group will go directly to supernodes. And the other will go with a secure node as a test before going into secure nodes.  At the same time, more people will take interest in Zen system and run a secure node, so in any case, the secure node's network will increase. Of course, it won't be done within a week, it will take time. At the end, more decentralization

[vovannovig2]

www.cryptopia.co.nz - Status Message
08-07-18 investigating wallet issues

Is there information when the wallet is launched and what's the problem?

[xixou]

When will the algo change , against the ASICS?

[puwaha]

I suppose. I am sure super nodes will attract a lot of new people in the same time

With this increment from 3.5 to 10% we can expect rise in number of Secure Nodes and this is completely logical. I would like to hear more opinions about this. What do you think how Super Nodes are going to effect network? What are your expectations regarding numbers (except price)etc..

I think the numbers of both Super Nodes and Secure Nodes will even out over time.  They both have a 10% share, so many Secure Node operators will convert to private Super Nodes at first if they have enough Zencash to start one.  But not everyone has 500 Zen to start a private Super Node, so I anticipate there will be many who join shared Super Nodes through the many services who will be offering this capability.

It will take a few months, but people will follow where the most profit is, and the numbers will even out.

[dmwardjr]

Dear developers, tell me please do you now have any bounties of the zencash campaign( twitter, facebook, signature bitcointalk)? Thanks in advance for the answer.

There are no official campings.

We have a deal with Learn Crypto / Wyckoff SMI  - Youtube Channelhttps://www.youtube.com/channel/UCu_6nOA9sC0GTbaSWi3nBSw
They are doing $ZEN giveaways during live shows all month! simply leave a comment with $ZEN address and you are entered!
They always draw the winners live during the following show!

Does this "Wyckoff" have any affiliation with Wyckoff Trading Method using Accumulation/Distribution Schematics, Events and Phases within those schematics and Point & Figure calculations?

For trading....  I suppose I should watch the video to find out.

 

[dmwardjr]

When will the algo change , against the ASICS?

I'm with you on that.  We need a fork QUICK!!!  The current network hash rate is approximately 74.5 MH/s.  It was up to 95 MH/s earlier.  This is PAINFUL indeed.  I have 60 x NVIDIA 1080 TI.  Half of which are EVGA 1080 Ti KingPins.  All of my NVIDIA's are EVGA.  They've seen much brighter days.  This is depressing indeed.

 

EVGA KingPins are gorgeous cards and run super cool.  The copper spray paint was to paint the cases for the rigs with KingPins.

[Guardsman]

I guess it will have 2 groups of people. One group will go directly to supernodes. And the other will go with a secure node as a test before going into secure nodes.  At the same time, more people will take interest in Zen system and run a secure node, so in any case, the secure node's network will increase. Of course, it won't be done within a week, it will take time. At the end, more decentralization

I also believe that both concepts of nodes will be in demand. Not everyone comes to put super nodes, and some can not afford it. Therefore, having both a super node and a security node is a huge plus to the decentralization of the network!

[JosephStalin]

The privacy feature is welcomed not only by criminals. I dont care much about it, but i trust my government though
But as to it being possible to launder money since it is anonymous, should we ban cash? Cash are even more anonymous, but alot of people seem to avoid that part.

Privacy is not feature it's your right!

Bitcoin and cyberpunk movement started as an answer to rising question about privacy on Internet and main idea is to restore lost rights.
Worst laundering of money actually happening inside of this magic Banking cartel, They are those who controlling money flow!
We could use seashells for trading and yet someone would be accused..Governments are there for the people, not opposite - We missed something meanwhile..

This statement should be carved in stone! The problem is that the magic banking cartel is also owning mainstream media which allows them to spread disinformation like the myth of cryptos (and especially privacy focused cryptos) being a tool of lauderers.

[MagicSmoker]

When will the algo change , against the ASICS?

I'm with you on that.  We need a fork QUICK!!!  The current network hash rate is approximately 74.5 MH/s.  It was up to 95 MH/s earlier.  This is PAINFUL indeed.  I have 60 x NVIDIA 1080 TI.  Half of which are EVGA 1080 Ti KingPins.  All of my NVIDIA's are EVGA.  They've seen much brighter days.  This is depressing indeed.
....

The increase in hashrate here is nothing compared to what DERO, a cryptonight coin, experienced after the introduction of CN ASICs - it went from 4-6MH/s to as high as 2000MH/s... yes, a ~500x increase. Now it's running at closer to 200MH/s, mainly because of some massively bad decisions on the part of the devs* and because both SUMO and ETN forked back to ASIC-friendly CNv0.


* - namely, they lied about forking to block ASICs and when source code would be released, alienating all but a handful of their long time supporters.

[pitt59]

and how about fpga that can follow whatever algo there is, and most people wont even be able to run FPGA

btc was first mined by cpu, then gpu killed cpu, then asic came, what most people dont know is that before asic came there was a short time of about 6months that a few people were mining with PFGA and beating the crap out of gpu miners, the people who used fpga to mine didnt let the public know about this because they had a huge advantage over gpu miners

fpga mining was only publicly announced that time when the fpga miners were selling theyr rigs because they lose to asics, so we fork and gpu mining is still dead because there are people here who has fpga and thus is promoting to go anti asic so that theyr fpga can continue to dominate over gpu miners

it already is a fact that gpu mining is dead, we only have to choose either fpga or asic

fpga, most people cant use due to high requirement of programming needed(vhdl and verilog, plus know some basic electronics, not to mention before you learn those vhdl and verilog you ahve to know other programs also), to buy you can buy direct from manufacturer, cost of 1 unit is high, good thing about it is you can transfer to whatever algo there is faster than devs can fork to a new 1(only if your a good fpga engr)

asics, plug n play, bad about asic is you stay with 1 algo(dont know how ai asics can be used in the future), can buy direct from manufacturers

so its just a matter of... we all learn how to program our own bitstreams for fpga or we use plug n play asics, btw there have been fpga mining on equihash even before asics came and they have been mining with fpga on equihash for a long time already most people just dont know

just to give some people an idea of how fpga performance is, take out asics in the picture, an fpga that was made 6years ago to mine btc compared to the best gpu we have now and mine btc, that fpga still wins by a mile and only runs on 40watts