[ANN][ZEN] Horizen: Unbounded By Design

[MedaR]

Horizen is not only a cryptocurrency but a platform with privacy-focused apps. So Horizen needed more than a fresh logo and the website revamped.

What apps sir? i did not see any REAL apps untill now, only small talk about it....

SideChains will enable this in full capacity. For some integrations we need time. One of the first applications will be our DAO.

[cryptocab]

So when did the name change and why? I know I've been offline for a few weeks but didn't expect Zen to change it's branding. Oh well.

[MedaR]

So when did the name change and why? I know I've been offline for a few weeks but didn't expect Zen to change it's branding. Oh well.

https://bitcointalk.org/index.php?topic=2047435.msg45217248#msg45217248
And what do you say for change? 

[coingamex]

New exchange coingamex.com accepts Horizen (ZEN), in case you are interested.

ZEN/BTC and ZEN/ETH markets

[MedaR]

Today 1 pm EST is our live, biweekly community call!


https://www.youtube.com/c/Horizen/live

[LeGaulois]

For me, ZenCash is more powerful. I'm not sure what the exact reason is for fully rebranding. Maybe only design & logo can be changed.

It's more about a brand expansion to represents the perspective of the community. Horizen is not only a cryptocurrency but a platform with privacy-focused apps. So Horizen needed more than a fresh logo and the website revamped.

I'm curious, how will an individual's data be protected (private) BEFORE it gets put on their "privacy" blockchain?

I'm not asking about currency that can be kept private with a hardware wallet.  I'm asking about a piece of hardware your data is on before it gets on another piece of hardware that's not encrypted and may be compromised BEFORE it gets uploaded to their blockchain.  Or visa-versa, data that's on a piece of hardware [That may be compromised] and someone now wants to put that data on a privacy blockchain AFTER that data has already been compromised from being entered on a piece of hardware that has been compromised.

The marketing sounds great and all but has everyone REALLY thought this through?

I would say it's also up to the users to understand what is needed to do/get for a real privacy. It's a matter of education (I think)
It's a little like aiming to use a cryptocurrency to get a financial privacy, but then exchanging the coins to fiat and transfer to a bank account
If you store your data on a compromised hardware and then on a privacy blockchain, then the privacy here may be not private anymore...

But as Medar mentioned projects are based on technology but not hardware.
The technology will improve as fast as the light speed. When we were using our Nokia 3310 who knew in 2018 we will be talking to OK Google to know the weather

[Sun Sky]

For me, ZenCash is more powerful. I'm not sure what the exact reason is for fully rebranding. Maybe only design & logo can be changed.

It's more about a brand expansion to represents the perspective of the community. Horizen is not only a cryptocurrency but a platform with privacy-focused apps. So Horizen needed more than a fresh logo and the website revamped.

I'm curious, how will an individual's data be protected (private) BEFORE it gets put on their "privacy" blockchain?

I'm not asking about currency that can be kept private with a hardware wallet.  I'm asking about a piece of hardware your data is on before it gets on another piece of hardware that's not encrypted and may be compromised BEFORE it gets uploaded to their blockchain.  Or visa-versa, data that's on a piece of hardware [That may be compromised] and someone now wants to put that data on a privacy blockchain AFTER that data has already been compromised from being entered on a piece of hardware that has been compromised.

The marketing sounds great and all but has everyone REALLY thought this through?

I would say it's also up to the users to understand what is needed to do/get for a real privacy. It's a matter of education (I think)
It's a little like aiming to use a cryptocurrency to get a financial privacy, but then exchanging the coins to fiat and transfer to a bank account
If you store your data on a compromised hardware and then on a privacy blockchain, then the privacy here may be not private anymore...

But as Medar mentioned projects are based on technology but not hardware.
The technology will improve as fast as the light speed. When we were using our Nokia 3310 who knew in 2018 we will be talking to OK Google to know the weather

Better you follow closely this coin if you don't want to miss a great opportunity. ZenCash team has been working to make the project successful.

[examplens]

@ MedaR
I got this calculation for the secure node. Is it correct?

Code:

Daily Earnings:	
0.08 ZEN ($1.28)
Daily Profit:	
0.07 ZEN ($1.11)
Monthly Earnings:	
2.4 ZEN ($38.4)
Monthly Profit:	
2.09 ZEN ($33.40)
Annual Earnings:	
28.8 ZEN ($460.8)
Annual Profit:	
25.05 ZEN ($400.80)
Annual ROI:	
59.64%

calculated on 9000 active SN.

[Anarchist]

Yes it is correct


Did you use http://securenodes.lebre.net/ if so, it's ok

[examplens]

Yes it is correct


Did you use http://securenodes.lebre.net/ if so, it's ok

Yes, I am checked there.
Last time when I check secure node ROI, It was more than twice as low. what is the cause and is now bigger secure node monthly rewards?

[that1lurk3r]

@ MedaR
I got this calculation for the secure node. Is it correct?

Code:

Daily Earnings:	
0.08 ZEN ($1.28)
Daily Profit:	
0.07 ZEN ($1.11)
Monthly Earnings:	
2.4 ZEN ($38.4)
Monthly Profit:	
2.09 ZEN ($33.40)
Annual Earnings:	
28.8 ZEN ($460.8)
Annual Profit:	
25.05 ZEN ($400.80)
Annual ROI:	
59.64%

calculated on 9000 active SN.

currently its at ~.05 a day

[jperser]

@ MedaR
I got this calculation for the secure node. Is it correct?

Code:

Daily Earnings:	
0.08 ZEN ($1.28)
Daily Profit:	
0.07 ZEN ($1.11)
Monthly Earnings:	
2.4 ZEN ($38.4)
Monthly Profit:	
2.09 ZEN ($33.40)
Annual Earnings:	
28.8 ZEN ($460.8)
Annual Profit:	
25.05 ZEN ($400.80)
Annual ROI:	
59.64%

calculated on 9000 active SN.

For the month of August, my secure node averaged 0.048325 ZEN/day.  The APR came out to 37.26%.  The APR is lower because I have more than 43 ZEN in the wallet.  I started with 43 ZEN back in December 2017.  I have been collecting ZEN in the wallet trying to figure out what to do.  At my current rate, I could start another node in 03/08/2020.

Since any balance over 43 ZEN is not contributing to it's growth, I am not sure APR is a valid metric for this type of investment.

[jperser]

I've sold all my ZEN and selling all GPU's now.

And doing what?  I am curious what coin you found that has a brighter future that ZEN.  I am still here because my secure node is my second best earner.  My best earner is in staking.

Are you buying any other hardware to replace your miners?  I find it hard to believe that Zencash was the ONLY profitable coin for you.  And now that Equihash is dominated by ASICs, all other GPU algorithms should give up?

I am not happy about being pushed out by the ASIC.  I havn't mined ZEN for 1 month  6 days.  But I do understand that the dev team needs to do what's best for the coin, not me.

My Engineering professors never ranted how stupid I was, instead they enlighten me.  Mind following their examples?

[dmwardjr]

I've sold all my ZEN and selling all GPU's now.

And doing what?  I am curious what coin you found that has a brighter future that ZEN.  I am still here because my secure node is my second best earner.  My best earner is in staking.

Are you buying any other hardware to replace your miners?  I find it hard to believe that Zencash was the ONLY profitable coin for you.  And now that Equihash is dominated by ASICs, all other GPU algorithms should give up?

I am not happy about being pushed out by the ASIC.  I havn't mined ZEN for 1 month  6 days.  But I do understand that the dev team needs to do what's best for the coin, not me.

My Engineering professors never ranted how stupid I was, instead they enlighten me.  Mind following their examples?

I'm not mining anything anymore and I had 232 GPU's.  I've been selling all of them on eBay.  Motherboards, CPU's, RAM, PSU's, PDU's, power cords, ethernet cords, 36 inch 6-pin cords, etc...

I'm not buying anymore hardware to mine.  I'm going LIVE with a trading signal/trading education website sometime between last week of September and second week of October.

It's not worth my time to mine anymore due to how small the profits are.

I could honestly care less what the dev team and founders think is best anymore.  They dropped the ball to have something on standby in the event ASIC's were to be found out mining on the chain.

I sold all of my ZEN and have been buying two coins (Cardano and Monero).  

I will probably still provide analysis for ZEN on my future trading website for subscribers who want those signals.  However, I will not invest my personal capital in ZEN.  I have principles I go by.  There are alternatives to invest in with just as much room for serious gains in the future.  I'm simply turning my focus away from mining and onto trading.

I want to offer advice for those who are mining and/or operating nodes for ZEN:  It would be a good idea to invest time educating yourself to become a halfway decent trader in order to have an idea of best possible times to sell your coins at or near the top and make entry again at or near the bottom.  I'm not talking about day trading.  I'm talking about trading the BIG swings that may require one to four trades a month per coin; not trading the hourly or the four hour.  One should not get involved with those time frames unless they have the time to day trade.  Nothing worse than making an exit at or near the top but not being able to make entry at or near the bottom on the 1 hour or 4 hour charts because of being busy at work or with something else you were doing.

I've been supporting myself with mining and trading since 2014.  I'm focusing all of my energy and time on trading now.  I'm getting started remodeling my office tomorrow.  I bought three (3) new 55 inch 4K TV's to use as monitors with a new PC I'm building.  Those three (3) 55 inch 4K TV's will have the ability to have four (4) 27 inch monitors on each 55 inch 4k TV.  I'll have the equivalent of sixteen (16) 27 inch monitors in my office when it's completed.  

Here's the three (3) TV's I picked up the other day:  https://i.imgur.com/Rgv9jlA.jpg

Here is a screenshot of SOME of the hardware for my next PC build:  https://i.imgur.com/AxoJ2xa.png

The motherboard I ordered from EVGA on labor day weekend for $379.99 instead of the current $499.99 it is now:  https://www.evga.com/products/product.aspx?pn=151-SX-E299-KR

I still have twenty-two (22) EVGA Geforce 1080 Ti K|NGP|N.   https://www.evga.com/articles/01116/evga-geforce-gtx-1080-ti-kingpin/  I've been selling some on eBay.  I plan on keeping four (4) of them.  Two of them will be used in the build I'm about to do with an SLI Bridge for three (3) 55 inch 4K TV's.  I'm thinking about getting 3 more 4K TV's but I want to see how the first 3 do with charting for technical analysis before leaping for 3 more.  

I've already sold approximately 50 x AMD RX 480's.  I still have about another 45 to sale.  I've sold 14 x EVGA GeForce 1080 Ti SC2, 21 x EVGA GeForce 1080 Ti FTW3 [still have 3], I have 12 x EVGA 1070 Ti to sale and 36 x AMD R9 Fury's to sale.

A photo (below) of one of the four (4) 1080 Ti K|NGP|N rigs while I was putting them together:  I even painted the case a copper color.  I was setting it up for eight card rigs but ended up making them 7 card rigs.



They were setup in this mining room (below):  I had 40 rigs at one time; using Awesome Miner to monitor them.  Not anymore...



If Horizen ends up proving to me in the future they actually support their GPU community by going ASIC resistant, I may consider buying GPU's again and possibly support the project.  Until that occurs, I'm sticking with trading 100%.  

If you intend to GPU mine for the long haul, you would be better off buying AMD Vega 64's or next gen Vega's to mine Monero.  That's my opinion if you intend to dive into GPU mining.  It's pointless to try to compete with ASIC's.  Monero is your best bet for GPU miners and AMD Vega's are the best cards for mining Monero in my opinion.  

Another plus about mining Monero is they are on the ball in regard to ASIC resistance.  They'll fork in a heart beat to remain ASIC resistant.  However, in the end, Monero will be forced to fork over to a new algorithm similar to PROG PoW in order to contend with FPGA's coming on the scene.  The beauty of PROG PoW is it renders ALL ASIC's and FPGA's on an even keel [For the most part] with GPU's at a ratio of 1.1 to 1 or 1.2 to 1 in regards to hash rate and power efficiency.

[examplens]

---

For the month of August, my secure node averaged 0.048325 ZEN/day.  The APR came out to 37.26%.  The APR is lower because I have more than 43 ZEN in the wallet.  I started with 43 ZEN back in December 2017.  I have been collecting ZEN in the wallet trying to figure out what to do.  At my current rate, I could start another node in 03/08/2020.

Since any balance over 43 ZEN is not contributing to it's growth, I am not sure APR is a valid metric for this type of investment.

as far as I know, you need 42 ZEN to run secure node.
It does not matter if you have 42 or 80 Zen in your wallet, you can run only one node with 42zen. So you earn rewards per one node, where is collateral 42 ZEN.
here is the difference between a secure node(masternode etc...) and staking. For staking more coins in your wallet means more stake rewards to you.

[MedaR]

@ MedaR
I got this calculation for the secure node. Is it correct?

Code:

Daily Earnings:	
0.08 ZEN ($1.28)
Daily Profit:	
0.07 ZEN ($1.11)
Monthly Earnings:	
2.4 ZEN ($38.4)
Monthly Profit:	
2.09 ZEN ($33.40)
Annual Earnings:	
28.8 ZEN ($460.8)
Annual Profit:	
25.05 ZEN ($400.80)
Annual ROI:	
59.64%

calculated on 9000 active SN.

Number of nodes on network can be seen here with all details:
https://securenodes.eu.zensystem.io/
There is no need to calculate this based on wrong numbers..


Price: https://coinmarketcap.com/currencies/zencash/

Calculator: http://securenodes.lebre.net/


As you can see input datas are taken from Node tracker, price is taken from Coinmarketcap but it's up to you to choose which exchange is more preferable to you. This is estimation for one Secure Node.  Payment vary with price of Zen and Number of nodes.
Also you can see daily estimated earning in Zen per node on Tracker.

There is a community list of hosting plans known to work.
https://zencash.atlassian.net/wiki/spaces/ZEN/pages/7537074/Community+VPS+List

[MedaR]

---

For the month of August, my secure node averaged 0.048325 ZEN/day.  The APR came out to 37.26%.  The APR is lower because I have more than 43 ZEN in the wallet.  I started with 43 ZEN back in December 2017.  I have been collecting ZEN in the wallet trying to figure out what to do.  At my current rate, I could start another node in 03/08/2020.

Since any balance over 43 ZEN is not contributing to it's growth, I am not sure APR is a valid metric for this type of investment.

as far as I know, you need 42 ZEN to run secure node.
It does not matter if you have 42 or 80 Zen in your wallet, you can run only one node with 42zen. So you earn rewards per one node, where is collateral 42 ZEN.
here is the difference between a secure node(masternode etc...) and staking. For staking more coins in your wallet means more stake rewards to you.

https://securenodes.na.zensystem.io/about

- Secure nodes are demanding little bit more PC power than ordinary nodes.

- Procedure is little bit more complicated, security is on the first place!
https://zencash.atlassian.net/wiki/spaces/ZEN/pages/7537322/Installation
But with all help from community and instructions this is not problem at all.

- All comunication beetween nodes and wallets is encrypted.

- Secure Nodes are affordable to many ordinary people.

- Your coins are on safe place not on the node!

Horizen getting more value with all new implementations (soon DAO and voting system, SideChains..) This is only possible because of constant flow of money from treasury injected in research and development..

[logictense]

I've sold all my ZEN and selling all GPU's now.

And doing what?  I am curious what coin you found that has a brighter future that ZEN.  I am still here because my secure node is my second best earner.  My best earner is in staking.

Are you buying any other hardware to replace your miners?  I find it hard to believe that Zencash was the ONLY profitable coin for you.  And now that Equihash is dominated by ASICs, all other GPU algorithms should give up?

I am not happy about being pushed out by the ASIC.  I havn't mined ZEN for 1 month  6 days.  But I do understand that the dev team needs to do what's best for the coin, not me.

My Engineering professors never ranted how stupid I was, instead they enlighten me.  Mind following their examples?

Are u sure u took the right amount of meth today? If u staffed urself up with more than the lethal dose, hallucinations and delirium along with other effects of the intoxication will be chasing u. Sombre future, that is the only future for a coin which is still not in ur list of pending buys. U dont own the coin, why do u bang on about it, u shouldnt be vocal about this until the fact of purchase.

[dmwardjr]

I've sold all my ZEN and selling all GPU's now.

And doing what?  I am curious what coin you found that has a brighter future that ZEN.  I am still here because my secure node is my second best earner.  My best earner is in staking.

Are you buying any other hardware to replace your miners?  I find it hard to believe that Zencash was the ONLY profitable coin for you.  And now that Equihash is dominated by ASICs, all other GPU algorithms should give up?

I am not happy about being pushed out by the ASIC.  I havn't mined ZEN for 1 month  6 days.  But I do understand that the dev team needs to do what's best for the coin, not me.

My Engineering professors never ranted how stupid I was, instead they enlighten me.  Mind following their examples?

Are u sure u took the right amount of meth today? If u staffed urself up with more than the lethal dose, hallucinations and delirium along with other effects of the intoxication will be chasing u. Sombre future, that is the only future for a coin which is still not in ur list of pending buys. U dont own the coin, why do u bang on about it, u shouldnt be vocal about this until the fact of purchase.

Assuming you're talking to me, you obviously have no commonsense.  Did I have to "buy" ZEN if I had damn rigs to "MINE" ZEN?  Could I accumulate more ZEN by buying it?  No need to answer that.  They are self explanatory.

As for providing "facts" to you about other coins in my portfolio; none of your damn business.  I don't owe an asshole that courtesy.

Now, "bang" that on your head a little bit.  Just a little bit...  We need to get "meth" off your mind.  Keep banging...  It just might be working...

 

[juanbiter]

https://pbs.twimg.com/media/DlyuRh-U0AArE2b.jpg

Juan Rodriguez, from Papá Bitcoin y Criptos, and Levis Caycedo presenting our new brand at Hablemos de Horizen meetup in Bogotá, Colombia!

For some reason he got in contact with me on facebook. Changed name to stay incognito but I documented the conversation and uploaded it to google drive. He calls himself Papa Parlante on facebook. Where does Papá part come from though? I have read on moon pale forum complaints of people dazzled at strange Papá folder in profile folder directory. He copied the name from there.

Hi, I'm Juan Rodriguez, the creator of the Youtube channel, Dad Bitcoin and Crypto in Spanish http://www.youtube.com/c/PapáBitcoinyCriptos , I do not understand why you write that, possibly someone tried to impersonate my identity.

These are my social networks:
https://www.facebook.com/PapaBitcoinyCriptos
https://twitter.com/juanbiter
https://steemit.com/@juanbiter
https://t.me/juanbiter
http://www.youtube.com/c/PapáBitcoinyCriptos

I would like you to tell me from which Facebook profile they contacted you to report it.

The name of the youtube channel Papa bitcoin and cryptos, I put it because Bitcoin as a father for all the cryptocurrencies, it was the first one and it opened the way, but it's not that I believe or call myself the bitcoin pope, I'm Juan and nothing more.

I do not understand the complaints or folders that you speak, besides I do not see the best intention in your comment, please clarify the things