[ANN][BTCZ] BitcoinZ - Low Fees, 100% Community, POW-Equihash No-Premine No-Tax

[VoskCoin]

Hey guys made a video covering the basics of What is BitcoinZ, a bit on mining profits, and quick fix links to the BTCZ GUI Swing Wallet
If you like the video please consider donating to fund more videos!

BTCZ Address - t1SeynUhHkc1xTeSYpupNsNJmiB6JM8i9Ks


https://youtu.be/uXikYzel8hc

Your video presents a really strong case for BTCZ.  Many thanks for your support!

Really appreciate it and thanks for watching! Good luck to BTCZ

[malandante]

zk SNARKS.. didn't this coin need a parameter generation ceremony?

https://z.cash/technology/paramgen.html

yeah I would like to know this too

[longasleep]

i really love the idea of reducing the block size to only 1250 coins instead of 12500.
would make so many more people invest in this.

[crypt0r3x]

COMMUNITY

Round 6 has begun - point some of your hashing power at one of the pools below!

Round 6 Pools: MultiPool, MinerTopia, and Owl Mining

I will be firing up my own miners at MultiPool.  Choose your pool below.  Contribute to the BitcoinZ Community project!

Round 1 raised 4,412 BTCZ!  Thank you community!
Round 2 raised 8,524 BTCZ!  Thank you community!
Round 3 raised 9,741 BTCZ!  Thank you community!
Round 4 raised 1,836 BTCZ!  Thank you community!
Round 5 raised 3,992 BTCZ!  Thank you community!

Total Raised: 28,505 BTCZ!

Code:

EWBF miner --server multipool.es --user t1fHHnAXxoPWGY77sG5Zw2sFfGUTpW6BcSZ.BTCZDonation --pass x --port 3032

ZecMiner ZecMiner64.exe -zpool stratum+tcp://multipool.es:3032 -zwal t1fHHnAXxoPWGY77sG5Zw2sFfGUTpW6BcSZ.BTCZDonation -zpsw x

DSTM zm --server multipool.es --port 3032 --user t1fHHnAXxoPWGY77sG5Zw2sFfGUTpW6BcSZ.BTCZDonation --pass x

MinerTopia http://btcz.minertopia.org/index.php...gettingstarted

Code:

EWBF miner --server btcz.minertopia.org --user t1fHHnAXxoPWGY77sG5Zw2sFfGUTpW6BcSZ.BTCZDonation --pass x --port 6666

ZecMiner ZecMiner64.exe -zpool stratum+tcp://btcz.minertopia.org:6666 -zwal t1fHHnAXxoPWGY77sG5Zw2sFfGUTpW6BcSZ.BTCZDonation -zpsw x

DSTM zm --server btcz.minertopia.org --port 6666 --user t1fHHnAXxoPWGY77sG5Zw2sFfGUTpW6BcSZ.BTCZDonation --pass x

OWL Mining Club http://owlminingclub.com/coinstats/bitcoinz

Code:

EWBF miner --server eu.owlminingclub.com --user t1fHHnAXxoPWGY77sG5Zw2sFfGUTpW6BcSZ.BTCZDonation --pass x --port 3072

ZecMiner ZecMiner64.exe -zpool stratum+tcp://eu.owlminingclub.com:3072 -zwal t1fHHnAXxoPWGY77sG5Zw2sFfGUTpW6BcSZ.BTCZDonation -zpsw x

DSTM zm --server eu.owlminingclub.com --port 3072 --user t1fHHnAXxoPWGY77sG5Zw2sFfGUTpW6BcSZ.BTCZDonation --pass x

Full Details here: https://connect.bitcoinz.global/forum/todo-lists/365-bitcoinz-community-7-rounds-of-mining-begins-wednesday-11-8-1pm-est-6pm-gmt

[chancefx]

Take a developer fee for marketing and infrastructure of 500 BTCZ per block size reward, but do not destroy the factor 1000 in relation to BTC.
The halving will destroy the trust of 'normal' people in BTCZ as true BTC 2.0 as explained in post #1 of this thread.

Please could you explain exactly from the advantage site why halving helps?
BTC is mining until year 2040 to get all the 21 mio coins available. Shall BTCZ miners mining until year 2070 to get all available coins?
Halving destroys the reasonable factor 1000 to factor 500, this makes no sense IMHO.

Halving is a contradiction to the basic concept of BTCZ.

-swisstrader

What is the advantage of BTCZ to Zcash?

Zcash devs take 20% (2.5 Zec out of each block) while BTCZ is a pure coin,

BTCZ starting to get a dev fee you too

This is not a dev fee - this is a community chest.  Dev fees go directly as 'wages' for the work they do/ have done. 

The proposal here is to build a community chest where a part of the block reward goes to a multisignature wallet address where there are 8 key holders.

Any funds that need to be withdrawn from the chest MUST be voted on and if vote passes 3 of the 8 key holders must sign the transaction for it to execute.

This is the proposal - please voice your position here, if you haven't already: https://goo.gl/forms/ePzHWJ4New7HoNls1

great idea, lets do it

[crypt0r3x]

zk SNARKS.. didn't this coin need a parameter generation ceremony?

https://z.cash/technology/paramgen.html

yeah I would like to know this too

it inherited the params from the zcash ceremony.

[mt55]

Take a developer fee for marketing and infrastructure of 500 BTCZ per block size reward, but do not destroy the factor 1000 in relation to BTC.
The halving will destroy the trust of 'normal' people in BTCZ as true BTC 2.0 as explained in post #1 of this thread.

Please could you explain exactly from the advantage site why halving helps?
BTC is mining until year 2040 to get all the 21 mio coins available. Shall BTCZ miners mining until year 2070 to get all available coins?
Halving destroys the reasonable factor 1000 to factor 500, this makes no sense IMHO.

Halving is a contradiction to the basic concept of BTCZ.

-swisstrader

What is the advantage of BTCZ to Zcash?

Zcash devs take 20% (2.5 Zec out of each block) while BTCZ is a pure coin,

BTCZ starting to get a dev fee you too

This is not a dev fee - this is a community chest.  Dev fees go directly as 'wages' for the work they do/ have done. 

The proposal here is to build a community chest where a part of the block reward goes to a multisignature wallet address where there are 8 key holders.

Any funds that need to be withdrawn from the chest MUST be voted on and if vote passes 3 of the 8 key holders must sign the transaction for it to execute.

This is the proposal - please voice your position here, if you haven't already: https://goo.gl/forms/ePzHWJ4New7HoNls1

If investors want to see this coin really get off the ground they should acknowledge that some funding is required to achieve something. Who will be part of the signer group? Has that already been decided?

[llbrunoll]

Good evening, morning.

I want to explain and talk about BitcoinZ and where it is going.
We currently have a graphical roadmap being created. It will be put onto the bitcoinz.global website. Thanks to @whitewood and @clikan4ik


The focus of BitcoinZ is GPU mining, it gives the ability to mine to anyone with a graphic card.

300,000,000 people are wanting to get into crypto. We have a very stable crypto base of Zcash. It will soon release Jubjub which is zero knowledge privacy transactions with enough performance additions that it can be used on a mobile phone. When jubjub is implemented into the Zcash base, BitcoinZ will pull this and update also. At this point we will integrate zero knowledge z_address transactions into the mobile wallet.


We must focus on new comers to crypto. This is where BTCZ becomes popular and mainstream. We must do this through social influence.

BTCZ must be easy and understandable, 2 things that we have but we have not constructed in the correct way is: guide on mining. guide on how to buy bitcoinz.


We need to explain how to purchase BitcoinZ to a person that doesnt even know how to buy bitcoin. We must explain the method. Purchase BitcoinZ through localbitcoin or exchange etc. Then transfer to c-cex.com and screenshots of everything on how to do it.
ANOTHER thing is how to mine.

We must explain how to mine to someone who doesnt even know how to build a computer.


We must explain and buried one does this on his website, the comparison of graphics cards and what to purchase and how to set up a mining rig and how to start mining bitcoinz through a pool.

I will cover all costs for graphic design, web hosting, domain purchasing etc.

It would be a good thing to have 'findbitcoinz.com' which explains everything

minebitcoinz.com which explains everything

Now I cannot make these guides and maintain the websites etc because I have my hands full of completing other tasks on the roadmap but I believe there are many people who can construct this and contribute.

It is possible to create a site like shapeshift which you can purchase BTCZ with BTC using the C-CEX Api

If anyone can make any of this, please collaborate and do not worry about any costs, as I can cover all costs.

I am currently working on e-commerce plugins

We have such a beautiful wallet MyBitcoinZ which has the ability to scan QR codes from a mobile device etc


There will be an update in about a month that will handle bitcoinz:// calls to web browsers etc for purchasing.

We have 1 issue which I think is minor, as our addresses are t1 and can be confused with other zcash forked crypto


As we evolve, we may need to change it from t1 to z1 or b1 or anything else that isnt already used.

BitcoinZ will also be working with other coins to integrate features which will be mutually beneficial.

There is also a preliminary plan for BitcoinZ Masquerade, which will be a hidden second chain ran on ethereum. It will not be on an exchange, it will handle smart contracts and exchanges for BTCZ.
You will be able to purchase smart contracts with BTCZ
Exchange BTCZ to other crypto that is on a smart contract on the chain.

The chain technically will not even have a name, it will just work in tandem with BitcoinZ

It does not need to be on an exchange because IT is the exchange, and decentralized.


If anyone has any questions please ask, so we can clear anything up

So the tasks that can be done are:

How to mine BitcoinZ <--- explained graphically, perhaps with video also.

How to purchase BitcoinZ <--- explained graphically and also with video.

if anyone else wants MyBitcoinZ for iOS just message me your email to add you, or email admin@bitcoinz.ph



We are working on a consensus to halve the current block reward from 12500 to 6250. We will add a developers fee of 250 coins. This will make a block reward of 6000 coins and 250 coins for the developers.
We need a developers fund to be used to pay for infrastructure costs, web design, graphic design, marketing, exchanges and more. The developers fund is a very small amount but gives a very large incentive to expand BitcoinZ.

There is a large problem with BitcoinZ as the large coin holders are not developers. This is creating a void and impeding development. With this fund, new developers can join at anytime and all costs will be paid.

We have forked BitcoinZ and have a new official repo which will include many new things in the coming days.
https://github.com/btcz/

We will add the wallet service, how to guide.
We will add html+js wallet, how to guide.
We will add e-commerce plugins, woocommerce etc with a how to guide.
Plus much more.

When we come to a consensus on the block halving and developers fund, BitcoinZ will be updated at
https://github.com/btcz/
https://github.com/btcz/bitcoinz

There will be a significant notice before any changes are made to BitcoinZ code base.
You will see the pull request.

You may still follow the old repo but, it will be deprecated.

We will keep the community updated.

The change if it happens, will be a easy transition, as you only need to update if you run a node. All MyBitcoinZ wallets will automatically be transferred over and the user will notice nothing different.



Please join us on slack @ http://slack.bitcoinz.global/

-hellomoto

Does halving to 1,250 comes together with reducing the supply to 2.1bi coins?

[RealSwissMiner]

Good evening, morning.

I want to explain and talk about BitcoinZ and where it is going.
We currently have a graphical roadmap being created. It will be put onto the bitcoinz.global website. Thanks to @whitewood and @clikan4ik


The focus of BitcoinZ is GPU mining, it gives the ability to mine to anyone with a graphic card.

300,000,000 people are wanting to get into crypto. We have a very stable crypto base of Zcash. It will soon release Jubjub which is zero knowledge privacy transactions with enough performance additions that it can be used on a mobile phone. When jubjub is implemented into the Zcash base, BitcoinZ will pull this and update also. At this point we will integrate zero knowledge z_address transactions into the mobile wallet.


We must focus on new comers to crypto. This is where BTCZ becomes popular and mainstream. We must do this through social influence.

BTCZ must be easy and understandable, 2 things that we have but we have not constructed in the correct way is: guide on mining. guide on how to buy bitcoinz.


We need to explain how to purchase BitcoinZ to a person that doesnt even know how to buy bitcoin. We must explain the method. Purchase BitcoinZ through localbitcoin or exchange etc. Then transfer to c-cex.com and screenshots of everything on how to do it.
ANOTHER thing is how to mine.

We must explain how to mine to someone who doesnt even know how to build a computer.


We must explain and buried one does this on his website, the comparison of graphics cards and what to purchase and how to set up a mining rig and how to start mining bitcoinz through a pool.

I will cover all costs for graphic design, web hosting, domain purchasing etc.

It would be a good thing to have 'findbitcoinz.com' which explains everything

minebitcoinz.com which explains everything

Now I cannot make these guides and maintain the websites etc because I have my hands full of completing other tasks on the roadmap but I believe there are many people who can construct this and contribute.

It is possible to create a site like shapeshift which you can purchase BTCZ with BTC using the C-CEX Api

If anyone can make any of this, please collaborate and do not worry about any costs, as I can cover all costs.

I am currently working on e-commerce plugins

We have such a beautiful wallet MyBitcoinZ which has the ability to scan QR codes from a mobile device etc


There will be an update in about a month that will handle bitcoinz:// calls to web browsers etc for purchasing.

We have 1 issue which I think is minor, as our addresses are t1 and can be confused with other zcash forked crypto


As we evolve, we may need to change it from t1 to z1 or b1 or anything else that isnt already used.

BitcoinZ will also be working with other coins to integrate features which will be mutually beneficial.

There is also a preliminary plan for BitcoinZ Masquerade, which will be a hidden second chain ran on ethereum. It will not be on an exchange, it will handle smart contracts and exchanges for BTCZ.
You will be able to purchase smart contracts with BTCZ
Exchange BTCZ to other crypto that is on a smart contract on the chain.

The chain technically will not even have a name, it will just work in tandem with BitcoinZ

It does not need to be on an exchange because IT is the exchange, and decentralized.


If anyone has any questions please ask, so we can clear anything up

So the tasks that can be done are:

How to mine BitcoinZ <--- explained graphically, perhaps with video also.

How to purchase BitcoinZ <--- explained graphically and also with video.

if anyone else wants MyBitcoinZ for iOS just message me your email to add you, or email admin@bitcoinz.ph



We are working on a consensus to halve the current block reward from 12500 to 6250. We will add a developers fee of 250 coins. This will make a block reward of 6000 coins and 250 coins for the developers.
We need a developers fund to be used to pay for infrastructure costs, web design, graphic design, marketing, exchanges and more. The developers fund is a very small amount but gives a very large incentive to expand BitcoinZ.

There is a large problem with BitcoinZ as the large coin holders are not developers. This is creating a void and impeding development. With this fund, new developers can join at anytime and all costs will be paid.

We have forked BitcoinZ and have a new official repo which will include many new things in the coming days.
https://github.com/btcz/

We will add the wallet service, how to guide.
We will add html+js wallet, how to guide.
We will add e-commerce plugins, woocommerce etc with a how to guide.
Plus much more.

When we come to a consensus on the block halving and developers fund, BitcoinZ will be updated at
https://github.com/btcz/
https://github.com/btcz/bitcoinz

There will be a significant notice before any changes are made to BitcoinZ code base.
You will see the pull request.

You may still follow the old repo but, it will be deprecated.

We will keep the community updated.

The change if it happens, will be a easy transition, as you only need to update if you run a node. All MyBitcoinZ wallets will automatically be transferred over and the user will notice nothing different.



Please join us on slack @ http://slack.bitcoinz.global/

-hellomoto

Does halving to 1,250 comes together with reducing the supply to 2.1bi coins?

The halving would just come earlier. It should not affect the total coin supply just delay it.

[longasleep]

excited for the new block size and the dev fee to get more exchanges on board.

[Dimedroll]

we need more attention and hype!!!
and more exchanges

[rendravolt]

Hey guys made a video covering the basics of What is BitcoinZ, a bit on mining profits, and quick fix links to the BTCZ GUI Swing Wallet
If you like the video please consider donating to fund more videos!

BTCZ Address - t1SeynUhHkc1xTeSYpupNsNJmiB6JM8i9Ks


https://youtu.be/uXikYzel8hc

Your video presents a really strong case for BTCZ.  Many thanks for your support!

Really appreciate it and thanks for watching! Good luck to BTCZ

Very good video, content like this that must be reproduced again, so that the future will be more interesting and introduce it uniquely and interesting.

[Silverzeta]

guys i honestly think we should run a masternode on btcz with the ability to instant send and maybe implement a mixer through the nodes, drop the total supply down to 5-10 billion and halve the block rewards accordingly and put a 50 % miners collection of blocks 35% for nodes and 15% for the btcz pool for exchanges, bounty campains ect  idk how to do any of it but i know it would bring a good amount of investors and miners on board and we will all benefit from a good passive income.

[Angelo38]

Why bitcoin z transactions
Are they faster than the classic bitcoin?

[Silverzeta]

Why bitcoin z transactions
Are they faster than the classic bitcoin?

anything is faster than bitcoin

[longasleep]

Why bitcoin z transactions
Are they faster than the classic bitcoin?

anything is faster than bitcoin

i smirked
we all been there with a 2-3 day btc transaction pending.
anyway is there a exact date for the block reducement ?

[Angelo38]

Why bitcoin z transactions
Are they faster than the classic bitcoin?

anything is faster than bitcoin

i smirked
we all been there with a 2-3 day btc transaction pending.
anyway is there a exact date for the block reducement ?

If I made a BTC transaction two days ago and it took 5 hours
Today I made a BitcoinZ transaction and it took 5 minutes 

[cryptobert]

Speak as a community!
New questionnaire vote is up
>>> https://[Suspicious link removed]/forms/ePzHWJ4New7HoNls1 <<<

[oilbomb]

We need to get this coin onto cryptopia 

[swisstrader]

Regardinmg the quickshot of halving the block size reward, may I quote from the White Paper the section III:

III. Proposal Systems / Voting
Keeping true to our belief in community development, and our “fairness core” philosophy, a proposal to add functionality outside the Core Community Map components, such as use cases for the BitcoinZ blockchain, must garner community acceptance by meeting the Proposal Criteria for Community Acceptance (Figure 1). Additionally, the proposal must be posted as an Issue on the official GitHub for BitcoinZ as a BitcoinZ Improvement Proposal (BTCZIP) and a 45 day Request For Comment (RFC) must follow.After the expiration of 45 days from the Github BTCZIP Request for Comment phase, a vote for community acceptance must be initiated. The vote must last 14 days and is intended to allow time for the proposal to be analyzed and subjected to the Proposal Criteria on Community Acceptance (Figure 1), to ensure its full compliance.

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

here my suggestion:

I suggest to take for funding until end of this year 2500 coins to the fund for developers, infrastructure and community working costs etc., these were 20% of each block: beginning from January 2018 500 coins per block are going to the fund. This should be the rule until end of mining, 4% is a really fair value and the 6 weeks of 20% are to fill quickly the fund.

-swisstrader