[ANN] KZCASH - KZC

[KZ_Cash_Support]

Dear Community!
We have been working hard from the very beginning to develop and lead our Community to prosperity.
All projects may have difficulties on their way to great success.
Our aim in burning was to decrease the coins we keep and need for step-by-step financing the project together with the Community held coins growth, so that decentralization will increase (and it happens) but the price balance is kept on a normal level.
Due to technical specs of our ecosystem the most evident and proven way of coins burning (OP_Return) hasn’t allowed us to destroy 100 000 KZC. They came back as commissions for miners working and 2 Masternodes. We asked the Community to refrain from transacting to make sure that the network is safe and stable. On passing the tests we confirm – it is.
The lucky MN owners were fair and ON their own wish returned the coins gained (40k and 10k).
Have a look on 40k return transaction
https://chain.kzcash.kz/tx/e2070222c9b0a9a146aacb817df94c3840e88550b423c95f1570ac875fa665fb
for example, special thanks to Mr. Bumbr. So the returned 50k will be burnt soon by sending to an invalid address.
We are expressing special thankfulness to the MN owners for their support and great willingness to support the Community. This step shows that we are really getting support in what we do.
The other 50k were distributed between the active miners on that moment. Technically the only possible way to restore the situation could only be hardfork with the Mining Pools support – and they were ready to support us despite possible losses.
On wise considering, we rejected this solution.
THE BLOCKCHAIN IS THE LAW.
We keep the situation like it is.
These 50 000 KZC remain distributed between the miners. Finally the worked hard to keep our chain running in heavy moments, they always supported us. So this is their Christmas gift.
Thank You dear miners for supporting us. Special thanks to Mr. Savva & Mr. Andrei, P2Pool nodes admins.
We advise to miners to use this coins for MN setups. More MN’s will make the network more fast and stable.
We haven’t planned the situation this way. But we respect 3 essential things:
1 THE CHAIN MUST STAY STABLE
2 BLOCK IS THE LAW
3 THE PROMISE MUST BE KEPT.
Having such a great support and trust from the Community, we don’t see price decrease, on the contrary, we believe it to grow due to the Community support and our next planned development steps.
Thank You very much.
We work for the Community!

[Mr.nors]

[ParTKzn]

Hi, guys! Why was I deprived holiday coins? I worked for http://kzpool.com!
https://chain.kzcash.kz/address/KhhrJf4uzbiHEnVNB82TFutQMUyabmKR5x

[damberg]

Thanks guys for being honest with the community. I would not expect the burn to bring such an issue but most importantly - everything works ok now.

My deep respect goes to the honest MN holders who reported their sudden "burned" transaction. They could have sold the coins immediately on the exchange, but they did not do it. *CLAP* *CLAP*

[sawa]

Hi, guys! Why was I deprived holiday coins? I worked for http://kzpool.com!
https://chain.kzcash.kz/address/KhhrJf4uzbiHEnVNB82TFutQMUyabmKR5x

Because the blocks with holiday coins were found by p2pool.
https://chain.kzcash.kz/block/0000000000006a34fe1c4e3e08e054123f9797568d1b6fa68662e9411ff5f3ae
https://chain.kzcash.kz/block/0000000000007175ddeb8da9d33c4d0871d258c2f6d8abc8aed864ba9615f373

[ParTKzn]

Hi, guys! Why was I deprived holiday coins? I worked for http://kzpool.com!
https://chain.kzcash.kz/address/KhhrJf4uzbiHEnVNB82TFutQMUyabmKR5x

Because the blocks with holiday coins were found by p2pool.
https://chain.kzcash.kz/block/0000000000006a34fe1c4e3e08e054123f9797568d1b6fa68662e9411ff5f3ae
https://chain.kzcash.kz/block/0000000000007175ddeb8da9d33c4d0871d258c2f6d8abc8aed864ba9615f373

Эx...вoт oбидa oбиднaя...тoлькo в этoт дeнь пepeшёл c p2pool. Cпacибo зa пoяcнeниe!

[KZ_Cash_Support]

Thanks guys for being honest with the community. I would not expect the burn to bring such an issue but most importantly - everything works ok now.

My deep respect goes to the honest MN holders who reported their sudden "burned" transaction. They could have sold the coins immediately on the exchange, but they did not do it. *CLAP* *CLAP*

We were also impressed by the great support from the Community!
Later on we will explain our adjusted plans. We want to develop stronger feedback with our Community members and will work on developing all requested wallets etc to make the cryptocurrency as comfortable in use as possible for You.
Thank You again for Your great support.

[fulcare]

Thanks guys for being honest with the community. I would not expect the burn to bring such an issue but most importantly - everything works ok now.

My deep respect goes to the honest MN holders who reported their sudden "burned" transaction. They could have sold the coins immediately on the exchange, but they did not do it. *CLAP* *CLAP*

Just came across this comment and was wondering what happened? People chose to be honest over cashing in some easy dollars? Sounds to good to be true! But awesome event and a big plus for this community if that was the case!

[sawa]

Here are all the working nodes of KZCash p2pool at the moment:
http://crypto.mine.nu:8279
http://siberia.mine.nu:8279
http://tomsk.mine.nu:8279
http://pool.penza.me:8279
http://thetrans.asuscomm.com:8279

[Andrey!]

What a nice surprise!
I have been mining on crypto.mine.nu and today got my 1k coins 
It would be my 4th masternode...and one half left for fifth...)

[KZ_Cash_Support]

Thanks guys for being honest with the community. I would not expect the burn to bring such an issue but most importantly - everything works ok now.

My deep respect goes to the honest MN holders who reported their sudden "burned" transaction. They could have sold the coins immediately on the exchange, but they did not do it. *CLAP* *CLAP*

Just came across this comment and was wondering what happened? People chose to be honest over cashing in some easy dollars? Sounds to good to be true! But awesome event and a big plus for this community if that was the case!

Pure truth. Check the transation and You can see that 40k were sent from a MN wallet.
That's why we say again thanks for great support to our Community!

[HerMajor]

Good decision KZ Team! Coins haven't been dumped becouse community want longlife project as your team want too)))

[KZ_Cash_Support]

Good decision KZ Team! Coins haven't been dumped becouse community want longlife project as your team want too)))

We know, Mr. HerMajor, that You are a critical person. So Your good appreciation is equal to a golden one.
Thank You. We really think in perspective.

[ainsleyfran]

What a nice surprise!
I have been mining on crypto.mine.nu and today got my 1k coins 
It would be my 4th masternode...and one half left for fifth...)

It is a nice number of coins you got! How long have you been mining?

[HerMajor]

Good decision KZ Team! Coins haven't been dumped becouse community want longlife project as your team want too)))

We know, Mr. HerMajor, that You are a critical person. So Your good appreciation is equal to a golden one.
Thank You. We really think in perspective.

Yes some time critical) especilly i'm in from first blocks)))))
p.s. old instruction for MN more usefull then new

[Andrey!]

p.s. old instruction for MN more usefull then new

totally agree by the way!
I think KZCash stuff should return it back)
Because the way to separate coins between wallets and making  wallets copy-paste...it is senseless actions, I have my MN launched and managed from one wallet.dat with no problem)

It is a nice number of coins you got! How long have you been mining?

actually it doesn't matter how long I have been mining...the main point is to have mining hashrate on lucky pool in lucky time))

[Morf01]

Bceм пpивeт!!
Пoдcкaжитe, кaк ycтaнoвить 3 MN нa oдин VPS c yпpaвлeниeм c oднoгo кoшeлькa?
Cпacибo!

[Morf01]

p.s. old instruction for MN more usefull then new

totally agree by the way!
I think KZCash stuff should return it back)
Because the way to separate coins between wallets and making  wallets copy-paste...it is senseless actions, I have my MN launched and managed from one wallet.dat with no problem)

It is a nice number of coins you got! How long have you been mining?

actually it doesn't matter how long I have been mining...the main point is to have mining hashrate on lucky pool in lucky time))

Aндpeй, чтo тo в ЛC oгpaничeниe cтoит, дaeт нaпиcaть пo oднoмy cooбщeнию в чac))
A y тeбя нeт cтapoй инcтpyкции?? И ты cтaвил нa VPS? Кaкyю пopeкoмeндyeшь?

[UFO2018]

What is the X11 hashing algorithm? May you simply introduce it for us?

[sawa]

What is the X11 hashing algorithm? May you simply introduce it for us?

https://dashpay.atlassian.net/wiki/spaces/DOC/pages/1146918/X11