ANNOUNCE: Please retrieve the latest sources from Github. https://github.com/zenithcoin/ZenithCoin
Code has been forked to remove all development subsidy. Mining against the new code base rewards 24 per block.
Launch Date June 1, 2013
. Official Mining Starts on June 9th, 2013http://www.zenithcoin.com
Like it on Facebook https://www.facebook.com/ZenithcoinZenithCoin now listed for trading on CryptoRush.IN
ZenithCoin now listed on www.coinmarketcap.com
Listed on www.coinmarketcap.com
7:57 AM EST - Currently generating genesis block for June 1st, 2013. Proof of work will be Litecoin compatible. Difficulty will start at 0.00024414.
2:30 PM EST - Genesis block created. Currently performing final checks prior to source code check-in.
4:30 PM EST - Source code checked in. Daemon tested on MacOS X. Currently testing build for Ubuntu.
6/2/2013 11:56 AM - Block Explorer ready and tested (see: http://explore.zenithcoin.com
). We will be making some network changes, to add some permanent nodes on the network. Please do not mine yet until we have this setup.
6/2/2013 6:41 PM - Initial code check-in of client code based on MultiBit.
6/2/2013 8:49 PM - Fixed port bug. Successful network test.
6/3/2013 Two nodes have been set up to allow folks to test mine the coin.
6/5/2013 A couple of miners have attempted to skip the line and mine prior to official mining. All their coins will become invalidated prior to the start of mining.
6/5/2013 8:57 PM Appears there are a couple of scammers who modified the source code, distributed a windows binary and are mining. Due to the modification, none of the official clients will accept the incompatible blockchain created by these scammers. This is a minor inconvenience at this time. We will just need to reconfigure default network parameters to avoid these folks.
6/6/2013 2:13 PM Users eagleeye and magnet continue to pawn off counterfeit ZTC on bitcointalk.org.
6/7/2013 ZenithCoin being prepared for mining on 6/09
Nodes in different geographic locations (europe, us east, us west) will be setup for mining. A new genesis block will be created for these nodes.
One word of warning, you can test mine right now, but we'll recreate the genesis block on the official mining launch so you will will lose these test coins.
6/9/2013 Mining started.
6/10/2013 1457 blocks mined, current difficulty is 0.58768933.
6/17/2013 5,342 Block Mined. Difficulty is 0.7Windows, Linux and MacOS clients available.http://sourceforge.net/projects/zenithcoin/files/Block Explorerhttp://explore.zenithcoin.com
I received this email from Jim yesterday:
:Thank you for suggestion for the new coin type.
We will take the time to check out your suggestion and consider it for addition to the Cryptsy
If you have any further suggestions, please let me know
Customer Service Manager
Difficulty is quite low right now, so this is a great opportunity to mine.
Also, I can give a 2,000 ZTC bounty for people to setup pools! First 3 pools get the bounty!
I will keep up the ZTC Cryptsy Bounty thread https://cryptsy.freshdesk.com/support/discussions/topics/41385
until we actually list.
So if you can't mine, you can continue to show your support by voting up ZTC at Cryptsy.
The market will determine the price. However, there are only less than 2.5 million coins, so try to compare it with coins like it.
Coinmarketcap.com is a good source:
Here are some coins that are comparable (based on number of coins created):
28 Cryptogenic Bullion $ 961,923 $ 1.03 933,591 CGB $ 14,120 -13.58 %
31 Mincoin $ 873,685 $ 0.57 1,521,751 MNC $ 5,615 -4.03 %
32 MemoryCoin $ 671,369 $ 0.26 2,580,115 MMC $ 5,286 -10.05 %
36 Datacoin $ 598,965 $ 0.33 1,805,919 DTC $ 1,119 ?
44 Deutsche eMark $ 344,662 $ 0.10 3,356,750 DEM $ 4,676 -23.42 %
45 Philosopher Stones $ 313,640 $ 0.19 1,624,849 PHS $ 3,651 +27.73 %
47 Catcoin $ 247,095 $ 0.23 1,051,650 CAT $ 6,375 -11.64 %
51 Bytecoin $ 209,783 $ 0.11 1,838,078 BTE $ 984 -20.30 %
52 BetaCoin $ 178,702 $ 0.034 5,310,682 BET $ 382 -15.96 %
58 HoboNickels $ 128,811 $ 0.051 2,513,147 HBN $ 968 +2.93 %
61 Orbitcoin $ 100,507 $ 0.093 1,082,748 ORB $ 170 -6.01 %
65 Noirbits $ 63,109 $ 0.03 2,099,560 NRB $ 1,527 -3.98 %
So in the low range, it could be work 3 cents and at the high, possibly 50 cents.
Just a reminder, this is not a new coin, it was created back in June 2013.